CHARLOTTE, NC – Cushman & Wakefield announced that the commercial real estate services firm has hired Alex McDermott and Austin Green as Executive Managing Directors. They will join the Sunbelt Multifamily Advisory Group and be based in the firm’s Charlotte office.
“We are excited to add Alex and Austin to our Carolinas Multifamily team where they will focus on both value-add and new construction opportunities. Alex and Austin have been market leaders within the region for the past 10 years and their combined experience and expertise will further solidify our position as the top multifamily advisory group in the Sunbelt,” said Paul Marley, Executive Managing Director of the Sunbelt Multifamily Advisory Group.
“Alex and Austin bring a track record of success in advising clients throughout the life cycle of their holdings at the highest level. Their diverse experience is a natural fit to bolster our market leading multifamily practice team in the Carolinas,” added Brett Gray, Managing Principal of Cushman & Wakefield’s Charlotte, Triad, and South Carolina operations.
“We have a dominant market position in multifamily throughout the Sunbelt and the addition of Alex and Austin will allow our firm to continue to be at the forefront of what’s next for the sector,” noted John O’Neill, President, U.S. Multifamily Capital Markets. “As senior leaders, Alex and Austin will help guide our Carolinas multifamily business and identify growth opportunities for the Sunbelt Multifamily Advisory Group as a whole.”
McDermott and Green previously worked on the same team at Capstone Companies where they focused on multifamily investment sales in the Carolinas, including value-add and new construction assets.
“This is a great next step for us, and we’re excited to be a part of the existing multifamily team where we can add to their success while also leveraging Cushman & Wakefield’s exceptional brand and platform,” said McDermott and Green.
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is a 98-person investment sales team covering 11 states with No. 1 multifamily market share in that region based on sales volume and transactions reported to CoStar. Per Cushman & Wakefield, in 2021, the group closed $13.8 billion in sales volume through 429 deals and nearly 85,000 units. For more information about the Sunbelt Multifamily Advisory Group, visit multifamily.cushwake.com.
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 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.