Debt heads Michael Zerda and Rawle Howard resign roles

LaSalle Investment Management's Michael Zerda is joining Blackstone and Blackrock's Rawle Howard is joining Canadian Pension Plan Investment Board. Zerda, European director in the debt investments and special situations group at LaSalle, is to become managing director at Blackstone Real Estate Debt Strategies (BREDS). He will report to senior managing director Rob Harper and is expected to start his role in Q1 2016. Howard, head of European real estate debt originations at BlackRock, is to become head of European real estate debt at CPPIB.