Nine Newmark Multifamily Investment Brokers Move to CBRE
CBRE announced today that Colorado’s market-leading multifamily investment sales team is joining the firm’s Denver and Colorado Springs offices. The team of nine—with nearly 150 years of combined multifamily real estate experience—joins CBRE from Newmark. Terrance Hunt, Shane Ozment, and Chris Cowan join CBRE Capital Markets as vice chairmen, along with Justin Hunt, Andy Hellman, Spencer Bradley, Kevin McKenna, Saul Levy, and Jessica Graham.
“This team is the perennial leader of multifamily capital markets in Colorado with additional expertise in equity placement, portfolios, and land sales. They are prolific in volume and have been integrally involved in the vast majority of the region’s highest-profile multifamily transactions over the past decade,” said Pete Schippits, president of CBRE’s Mountain-Northwest Division. “This team will bring a visionary and entrepreneurial spirit that is a dynamic fit with our organization.”
“We are thrilled to welcome such an accomplished team to our industry-leading multifamily platform,” said Brian McAuliffe, president of Multifamily Capital Markets for CBRE. “Their local expertise, combined with CBRE’s national and global leadership in the multifamily sector, creates an unparalleled advantage that will prove significant in our clients’ ability to achieve their multifamily investment objectives for the region.”
Terrance Hunt and Shane Ozment were co-leaders of Newmark’s multifamily investment sales team and have negotiated many of the region’s hallmark multifamily sales, including the largest sale in Colorado’s history—the $350 million disposition of The Breakers Resort. Over the course of his 25-year career, Mr. Hunt has completed the sale of multifamily assets totaling over $13 billion. Mr. Ozment has advised clients in the sale of multifamily assets totaling over $9 billion during his 19-year career. Both Mr. Hunt and Mr. Ozment have been recognized as NAIOP Colorado or DMCAR’s Top Multifamily Broker each of the past seven years.
“CBRE is known as the global leader in commercial real estate, having remarkable capital markets reach and capabilities. Aligning with this platform is the best fit for our team as we continually strive to evolve and enhance our best-in-class services to our clients,” said Mr. Hunt.
Chris Cowan specializes in urban infill and suburban land sales and sourcing equity for the development of multifamily and mixed-use properties. He has been recognized as a Top Broker by DMCAR or NAIOP Colorado six of the last seven years and was named Broker of the Year by DMCAR in 2017. He is a former President of DMCAR and currently sits on ULI’s Multifamily Product Council.
“We are excited to join CBRE’s global platform and to partner with the firm’s deep bench of top-notch brokerage teams – locally and nationally. The magnitude of the platform will provide resources to us that are essential in today’s ever-changing economic climate. These tools will allow us to continue to provide unmatched advisory services to our clients,” said Mr. Cowan.
Specializing in mid-market private clients in the Colorado Front Range and the mountain region are Justin Hunt and Andy Hellman, joining as senior vice presidents, and Spencer Bradley as vice president.
Kevin McKenna joins CBRE as an executive vice president, and his partner Saul Levy joins as a senior vice president; they are focused on Southern Colorado and have sold three times the number of multifamily transactions than any other brokerage team in this market.
Jessica Graham serves as the team’s investment sales manager, overseeing day-to-day operations, business development, client satisfaction, talent recruiting and retention, marketing, research, and transaction management.