Los Angeles, September 3, 2014— CBRE Group, Inc. today announced that Spencer Levy has been appointed Americas Head of Research. Mr. Levy, a seven-year veteran of CBRE, had previously served as Executive Managing Director in the company’s Capital Markets Group.
“We are very excited to have Spencer lead our Research efforts in the Americas,” said Dr. Nick Axford, CBRE’s Global Head of Research. “He knows commercial real estate, our company and culture extremely well, and has sharp analytical skills as well as strong ties with our clients.We will leverage these strengths as Spencer works with our Research team to deliver market analysis and insight to our professionals and our clients.”
Steven Swerdlow, CBRE’s Chief Operating Officer of the Americas, added: “Spencer has excelled at every role he has undertaken at CBRE. He has forged a strong reputation for being thoughtful and analytical, engaging deeply with our clients, and collaborating closely with our people around the world, including with our Research team.”
“I am delighted to be joining CBRE Research,” Mr. Levy said.“Our team includes some of the finest researchers in the industry.I have always been a big proponent of their work and have teamed with them often to deliver insight and value to our clients. I am looking forward to doing this now on a regular basis and helping CBRE Research – as well as our clients – achieve greater success.”
Mr. Levy joined CBRE in 2007 to lead the Eastern Division of the Capital Markets Group. Since then, he has assumed positions of increasing responsibility. His most recent duties included oversight of CBRE Capital Market’s Corporate Advisory, Auction and Latin America operations. He also directly serves a number of major clients.
Prior to CBRE, he was a principal at Stifel Nicolaus (formerly Legg Mason Capital Markets), a leading investment bank serving the real estate industry, where he played a significant role in M&A, IPO and private capital-raising activities. Before that, he served as assistant general counsel at the Witkoff Group and was an attorney at Fried Frank Harris Shriver & Jacobson and Jones Day Reavis & Pogue.
Mr. Levy is a frequent speaker before industry groups, including NAIOP, ICSC and CREW, and his insights on the real estate market are often quoted in the press.In 2010, he won CBRE’s Gary J Beban Teamwork Award, which acknowledges professionals who take a multi-disciplinary approach to client service.
Mr. Levy resides in Owings Mill, MD with his wife and three children.He serves on the Board of Directors of the Baltimore Leadership School for Young Women, an inner-city charter school.He is a graduate of Cornell University and Harvard Law School.
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.