CBRE’s Multifamily Investment Group has announced the addition of John Ash in the company’s Tucson office. Mr. Ash will work in conjunction with Brian Smuckler and Jeff Seaman, who are based in company’s Phoenix office.
“We’re pleased to welcome John to the team,” said Senior Vice President Brian Smuckler. “We pride ourselves on the comprehensive, best-in-class transaction, valuation and underwriting services we offer our clients in the multifamily sector. With the addition of John, we will be better positioned to service clients located and interested in the Southern Arizona market.”
Ash will focus his attention on the Tucson multifamily market, working with clients looking to place capital in Southern Arizona. With the help of his Phoenix-based partners, he will leverage CBRE’s comprehensive Investment Properties Group platform in order to ensure his clients reach their real estate goals.
“I’m very proud of John. His extensive market knowledge and experience in investment transactions make him an excellent addition to CBRE’s Multifamily Investment Group,” said Ike Isaacson, managing director of CBRE’s Tucson office. “The greater Tucson market will greatly benefit from the highly specialized service John will provide. This will mean good things for our clients.”
Ash was promoted to Senior Associate in 2012 and over the last three years has been involved in multiple land transactions leading to the construction of nearly 2,000 beds of student housing. He is experienced in investment opportunities ranging from selling income streams of various types, directing and managing the full scope of CBRE’s brokerage services to achieve lease stabilization, infill repurposing and land acquisition and assemblage slated for development or investment.
Ash is a graduate of the University of Arizona in Tucson where he studied business administration and marketing. A varsity athlete while at UA, Ash was a member of the Wildcat men’s basketball program, including the 1997 NCAA National Championship and 2001 NCAA National Runner-Up Teams.
Mr. Smuckler and Mr. Seaman lead the Multifamily Investment Properties Group in Arizona. With over 33 years of combined experience, they provide comprehensive multifamily transaction experience to investors of B and C class multifamily properties throughout Arizona. To date, they have completed over 360 transactions accounting for more than 14,000 units and total consideration exceeding $660 million.
CBRE’s Investment Properties Group is part of CBRE Capital Markets. The platform offers customized investment sales, acquisition and recapitalization services, together with industry leading market intelligence, to provide unmatched exposure to buyers across the country. By utilizing market research, a seamless execution process and in-depth relationships, Investment Properties can anticipate trends and command capital globally.
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 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 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 website at www.cbre.com.