Los Angeles – December 16, 2011 – CBRE, Inc. today announced that Steven A. Swerdlow has been appointed Chief Operating Officer of the Americas, a new position. Mr. Swerdlow previously served as President of the Western Division, where he oversaw the operations of 46 offices in nine states as well as the Latin America operations.
In his new role, Mr. Swerdlow will provide executive oversight for a number of key areas, including Research and Marketing. He will also continue to have responsibility for the Latin America operations and will assume responsibility for both the Canada and Valuation & Advisory Services operations. He will continue to be based in Newport Beach, CA.
“Steve is a terrific manager and business leader,” said Mike Lafitte, president, the Americas, CBRE. “We have benefited significantly from his leadership in the Western Division and Latin America, and I am looking forward now to his assistance and counsel in providing direction and oversight for many of our key business areas. Steve is a great business partner and is intimately familiar with all aspects of our business.”
Mr. Swerdlow has led CBRE’s operations in the Western U.S. and Latin America since 2007. Prior to that, he headed the company’s Global Corporate Services business for five years. He joined CBRE in 1990 as New York City market leader and subsequently served as President of the New York Tri-State Region and the Eastern Division. Before joining CBRE, he had a successful career in both real estate development and corporate law.
He is a graduate of Yale University and New York University School of Law.
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 firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 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.