Los Angeles, January 6, 2013 — CBRE Group, Inc. today announced that Randy Anderson, Ph.D. has joined the company as Americas Head of Research.
Dr. Anderson brings to CBRE a strong and varied background in commercial real estate, including extensive academic experience and hands-on involvement in real estate investment, finance and management.
Most recently, he has served as principal of Blue Rock Real Estate LLC, which focused on investing in real estate assets, primarily apartment buildings in the Southeastern U.S., and as a professor at the University of Central Florida, where he significantly expanded the real estate program. The International Council of Shopping Centers recently ranked UCF’s real estate program one of the five best in the country. Earlier, he served as Chief Economist at CNL Financial Group and Marcus & Millichap, and as a Founding Partner of Franklin Square Capital Partners. He has also advised a broad range of institutional investors on their real estate strategies.
“We are very excited to have Randy lead our Research efforts in the Americas,” said Nick Axford, Ph.D., CBRE’s Global Head of Research. “He has a proven ability to develop practical strategies and insight from complex market data. This talent is vitally important as strategic analysis increasingly underpins real estate decision-making for both occupiers and investors. Global trends are having an ever greater impact on local markets, and Randy will be a valuable addition to our Research leadership team as we develop an integrated global approach to addressing these issues.”
Dr. Anderson will join CBRE’s Americas Operations Management Board.
Steven Swerdlow, CBRE’s Chief Operating Officer of the Americas and President, Western Division, added: “Clients are relying on CBRE more than ever for thoughtful analysis on how market trends affect occupancy and investment decisions. We look forward to having Randy and our Research team work with our professionals across the region to deliver this insight to our clients.”
Dr. Anderson has earned a Counselors of Real Estate designation and been named a Distinguished Fellow at the NAIOP Research Foundation and a Fellow at the Homer Hoyt Institute. He has written and published more than 80 articles on real estate investment strategies and related topics, and serves as editor of the Journal of Real Estate Portfolio Management. He holds an undergraduate degree from North Central College in Naperville, IL and a Ph.D. from the University of Alabama.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.