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CBRE Group, Inc. Reports Strong Financial Results for Second-Quarter 2017
  • CBRE ANNOUNCES THE SALE OF ADIDAS & BURN FITNESS BUILDING IN SANTA MONICA, CA FOR $30.3 MILLION

MULTIFAMILY VETERAN MICHAEL MCKINNEY REJOINS CBRE IN LOS ANGELES AS FIRST VICE PRESIDENT

Los Angeles, CA | 20 December, 0201
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CBRE announced multifamily veteran Michael McKinney rejoined the firm in Los Angeles as first vice president. The South Bay expert comes over from Triqor Group.

McKinney, who was part of CBRE’s Private Capital Group from 1993 to 2011, is a 38-year veteran who has sold hundreds of apartment properties throughout the South Bay area.

He began his career in 1979, working with a boutique apartment investment firm based in Palos Verdes. Subsequently, he opened his own multi-housing brokerage firm along with overseeing the management of 2,000 apartment units in the South Bay area. Starting in 1993, he was at CBRE for eighteen years, after which he transitioned over to Hendricks & Partners, followed by his latest assignment at Triqor.

“Mike is a third-generation South Bay resident and the preeminent expert in this part of town,” said Managing Director Jodie Poirier. “The South Bay is such an important area within the Greater LA region with its proximity to the ports and LAX. Look at all the activity in the office and industrial space that is now trickling into the residential sector. Plus, the new stadium project at Hollywood Park coming online and all its ancillary developments. Mike will be an invaluable addition to this office, this area and to our company in the months and years to come.”

McKinney’s transaction experience includes traditional deal structures, portfolio sales, 1031 exchanges, and private partnership. He has consistently been named top apartment broker in the South Bay, has been a guest lecturer on multi-housing at the UCLA Anderson School of Business, is a member of the South Bay Board of Realtors, and past president of the Torrance Rotary club. Aside from a successful multifamily broker, Mike is also an award-winning photographer and a top-level Hawaiian outrigger canoe racer.

"I am thrilled to be returning to CBRE and rejoin the most experienced and professional individuals in the industry,” said McKinney. “Of course, the real beneficiaries of my return will be my clients, given the unequaled resources CBRE offers them. The timing of my move aligns perfectly with CBRE's focus on growing and serving the middle-market investors I represent."notorious anti-development reputation and complex entitlement process, making it nearly impossible to add new supply to the market.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

Contacts

Nadja Brandt, Media and Communications Manager
Nadja Brandt
Corporate Communications, Southern California
+1 213 6133627
Alexa Nestlerode
Corporate Communications, Southern California
+1 213 6133174
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