Cushman & Wakefield announced the firm has hired a premier multifamily brokerage team to continue to elevate its regional investor client services and intensify its coverage in the critical multifamily sector in the globally renowned Las Vegas market. Offering several decades of experience and robust production, the team features Art Carll, Managing Director, Michael Albanese, Director and Breah Sims, Brokerage Specialist.
Venessa McEvoy, Cushman & Wakefield’s Market Leader for Nevada, said, “We’re pleased to welcome a well-established Multi Family Advisory group to our Nevada markets. Art, Michael and Breah bring extensive experience in this sector, enhancing our market presence. They are trusted across the industry and excel at identifying value-add opportunities by creating custom strategies for clients and investors.”
The trio all join Cushman & Wakefield from Avison Young where they were a top-producing multifamily team for several years.
Offering 21 years of extensive expertise in commercial real estate, Carll has facilitated more than $1.5 billion in transactions within the Las Vegas market and more than $2.5 billion during his illustrious career. Albanese is also a seasoned professional with over 15 years of industry experience. His career work includes managing multifamily units and working with investors in transacting sales totaling more than $300 million. As the team’s main support, Sims has assisted multifamily brokers and clients for over the past three years.
“The three of us are very excited to join Cushman & Wakefield in Las Vegas, one of the world’s brightest markets. As a supreme real estate firm regionally and globally, Cushman & Wakefield boasts a leading capital markets platform which we now have full access to benefit our business and continue to create opportunities for our clients,” said Art Carll. “Las Vegas maintains its prominence as one of most popular destinations in the world and, together with its business base and sports entertainment has helped drive the valley’s diverse economy and job growth.”
Michael Albanese added, “The Las Vegas Valley remains very attractive for apartment renters due to its diverse apartment inventory while also holding its position as a more affordable or competitively priced place to live when compared to other major cities or gateway markets. We anticipate the local multifamily sector to remain strong for the foreseeable future, which should create even more great opportunities for our investor clients.”