Cushman & Wakefield Expands Multifamily Markets Team in California
Cushman & Wakefield Expands Multifamily Markets Team in California
Cushman & Wakefield has made a significant move in bolstering its operations in the multifamily sector by hiring a stellar brokerage team focused on Northern California. This strategic addition aims to enhance their national and regional investment services, particularly in the vital Northern California multifamily market. The team, led by the well-respected Keith Manson, brings decades of experience and proven record in apartment sales.
Meet the New Leadership Team
The newly formed team consists of Keith Manson as Vice Chair, supported by Zachary Greenwood as Managing Director and Mac Watson as Senior Director. Based in the vibrant cities of San Francisco and the East Bay, they are poised to spearhead Cushman & Wakefield’s Northern California Multifamily Capital Markets. J.D. Lumpkin, who oversees the San Francisco office, expressed enthusiasm for this addition, highlighting the commitment to better serve multifamily investors across the region and the nation.
A Legacy of Success
Each member of this trio comes with a commendable history in the multifamily investment landscape, previously excelling at CBRE. They have facilitated numerous high-profile transactions throughout the San Francisco Bay Area, specializing in a range of multifamily and mixed-use asset sales, including land earmarked for apartment complexes and condo developments.
Insight from Multifamily Leadership
Blake Okland, President of Multifamily Capital Markets at Cushman & Wakefield, praised the new hires for their deep market knowledge and distinguished track record in sales. He noted that with Keith’s guidance, the team is set to make a remarkable impact on C&W’s multifamily platform, a critical pillar of the real estate market.
Keith Manson's Vision for Growth
Having spent over twenty years in the investment real estate brokerage sector, Manson has been recognized as a top-rated broker. His previous experience, including significant tenures at Wheelhouse Investment Real Estate Brokerage and Arroyo & Coates, shapes his strategic vision for the team. Manson emphasized the team’s commitment to providing customized solutions and investment strategies to elevate client success in an ever-evolving market.
Capitalizing on Market Opportunities
Manson highlighted the unique advantages of the Northern California region, characterized by its compelling cities and thriving communities. He noted the immense potential for multifamily investors driven by a robust workforce and persistent housing demand. The growing renter demographic necessitates a focus on existing apartment availability alongside a currently unfulfilled development pipeline.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a premier global commercial real estate services company that offers support to property owners and occupants alike. With approximately 52,000 employees operating from nearly 400 offices across 60 countries, the organization reported $9.5 billion in revenue for 2023. Their services encompass property management, leasing, capital markets, and valuation, all while being recognized for their commitment to Diversity, Equity, and Inclusion (DEI) and sustainability principles. Their significant achievements have earned them esteemed recognition in the industry. For more information, visit their official site.
Frequently Asked Questions
What is the purpose of Cushman & Wakefield hiring a new team?
The new team aims to enhance investor services and coverage in the Northern California multifamily market, improving client outreach.
Who leads the new team at Cushman & Wakefield?
Keith Manson leads the newly established team, bringing considerable experience to the table.
What are the qualifications of the new team members?
The team members have extensive backgrounds in multifamily brokerage, having previously produced high volumes of successful transactions.
Why is Northern California significant for multifamily investment?
Northern California offers strong market demand, fueled by a robust workforce and significant housing shortages.
What services does Cushman & Wakefield provide?
Cushman & Wakefield offers a range of services including property management, leasing, capital markets, and valuation support.
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