CBRE Amplifies Multifamily Deals with Enhanced Acquisition Team in Southern California

CBRE has announced an expansion of its apartment investment sales team in Southern California, signaling its intent to focus on multifamily deals in the region.

Leadership and Focus

Led by Rachel Parsons and Derrek Ostrzyzek, the new group will specialize in the sale of apartment communities and raising equity for multifamily developments across Southern California.

Expertise and Client Benefits

Kelli Carhart, CBRE's leader of multifamily capital markets, highlighted Parsons and Ostrzyzek's extensive knowledge of Southern California markets and their successful track record. This expertise is expected to benefit clients aiming for growth in this $10 billion market.

Rachel Parsons' Background

Parsons brings over 20 years of industry experience, having closed more than $12 billion in multifamily transactions, representing over 40,000 units. Her tenure includes significant roles at CBRE, Berkadia, and Moran & Company.

Derrek Ostrzyzek's Expertise

Ostrzyzek boasts more than 18 years in the industry, with involvement in multifamily transactions totaling $12 billion. His previous roles at Moran & Company, Invesco Real Estate, and Berkadia have contributed to his extensive industry knowledge.

Market Outlook and Opportunity

Ostrzyzek emphasized the attractiveness of multifamily investments to both domestic and international commercial real estate investors. With substantial capital poised for deployment, CBRE's team anticipates significant opportunities in this sector.

Conclusion

CBRE's strategic reinforcement of its multifamily investment capabilities in Southern California reflects its commitment to leveraging market expertise and client-focused strategies in one of the world's largest commercial real estate markets.