Miami, FL – Avison Young’s Florida Capital Markets Group today announced its expansion with the addition of Rosendo Caveiro as Senior Vice President. Based in Miami, he will lead the firm’s multifamily investment sales platform throughout the state.
Prior to joining Avison Young, Caveiro served as Senior Director – Capital Markets, Multifamily Advisory Group, with Cushman & Wakefield for 13 years. His 25 years of commercial real estate experience with a focus on multifamily also includes significant time spent at Grubb & Ellis and CBRE. Additionally, as a Certified Public Accountant (CPA), Caveiro applies his accounting and consulting expertise to bolster the service he provides to clients. Before entering the real estate field, he worked for companies such as PricewaterhouseCoopers, KPMG, and Shell Oil.
“Multifamily remains one of the most active investment areas for both private and institutional investors,” said Michael T. Fay, Principal and Managing Director of Avison Young’s Miami operations. “We welcome Rosendo, a veteran commercial real estate broker with an acute talent for closing noteworthy multifamily transactions in Florida, to our team and look forward to what we will accomplish this year.”
In 2017, Avison Young’s Florida Capital Markets Group had a record year for sale volume, representing double its 2016 performance. Sales trends in the state mirrored the U.S. with multifamily leading all other property types in terms of investment sales volume and maintaining its position as a top sector for investment sales growth last year. Economic fundamentals continue to strengthen throughout Florida due to factors including job creation, decreasing unemployment, and population growth, which are all positive signs for multifamily investment.
“I was drawn to Avison Young’s rapid growth and collaborative approach to commercial real estate and believe that it is most poised to deliver timely and successful results to clients in today’s multifamily sector,” said Caveiro. “The firm’s unique platform coupled with the responsibilities of this new role perfectly align with my skillset, and I am excited to contribute to the extension of the multifamily service line in Florida.”
Caveiro holds a Master of Business Administration degree in Accounting and Finance from Houston Baptist University and a Bachelor of Business Administration degree in Accounting from the University of Florida. He serves as a Board Director of Terrabank, NA, as is an active member of the University of Florida Alumni Real Estate Association.
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 82 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.