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Cushman & Wakefield Hires Market-Leading Multifamily Capital Markets Team in Boston

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Cushman & Wakefield (NYSE: CWK) announced the hiring of a leading multifamily investment sales team, including Chris Sower, Bruce Lusa, Jon Bryant, John Flaherty, and Kevin Jones. Led by Executive Managing Director Sower, the team will operate in Boston and enhance the firm’s multifamily capabilities in Greater New England. With a focus on acquisitions and joint ventures, the group brings over $5 billion in sales volume. This strategic expansion follows Cushman & Wakefield's acquisition of Pinnacle Property Management Services, strengthening its national multifamily platform.

Positive
  • Acquisition of a top multifamily sales team enhances CWK's regional and national service capabilities.
  • The new team has transacted over $5 billion in multifamily sales, bringing extensive experience.
  • Strengthened multifamily platform through previous acquisition of Pinnacle Property Management.
Negative
  • None.

Cushman & Wakefield (NYSE: CWK) recently announced the firm has hired the market-leading multifamily investment sales team of Chris Sower, Bruce Lusa, Jon Bryant, John Flaherty and Kevin Jones.

Led by Executive Managing Director Chris Sower, who is returning to the firm, the team will be based in Boston and will work closely with the firm’s existing capital markets team to expand and strengthen Cushman & Wakefield’s multifamily coverage and capabilities throughout Greater New England.

“We are thrilled to have these elite multifamily experts joining our talented team,” said Carolyn Sidor, Managing Principal and New England Market Leader at Cushman & Wakefield. “We’ve seen their trail of success first-hand throughout the region – now we will plug them into our regional and national platform, creating a better depth and breadth of services for our clients here in New England and throughout the U.S.”

Sower and his colleagues will work with a dynamic and growing national multifamily platform with brokerage professionals in strategic geographies across the U.S., complemented by the acquisition of Pinnacle Property Management Services one year ago, the third largest multifamily property management firm in the U.S.

The team has transacted on deals ranging from large multifamily portfolios to ground-up development sites as well as luxury condominium conversions. Their primary focus will be creating and executing acquisition, disposition and joint venture opportunities on behalf of the firm’s clients throughout the Northeast.

“We’re seeing incredible momentum in Boston’s multifamily sector during this tough economic environment,” said Sower. “We're excited to join a firm with best-in-class client service and we're looking forward to building on this market’s proven strength and endurance.”

Sower brings an impressive resume of more than $5 billion in multifamily sales volume, representing over 36,000 units throughout his 18-year career. He is returning to Cushman & Wakefield, having worked at the firm from 2006 to 2011.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

FAQ

Who is part of the newly hired multifamily investment sales team at CWK?

The team includes Chris Sower, Bruce Lusa, Jon Bryant, John Flaherty, and Kevin Jones.

What is the focus of the new multifamily team at Cushman & Wakefield?

Their primary focus is on creating and executing acquisition, disposition, and joint venture opportunities.

How much sales volume has Chris Sower achieved in his career?

Chris Sower has an impressive sales volume of over $5 billion, representing more than 36,000 units.

What is the significance of the acquisition of Pinnacle Property Management Services for CWK?

This acquisition strengthens CWK's national multifamily platform, enhancing its service offerings.

How does the new team aim to impact the multifamily sector in Boston?

The team aims to leverage their experience to capitalize on the momentum in Boston's multifamily sector.

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