Highly regarded industry leader becomes Principal, will help expand firm's capital markets and debt platform in Florida
MIAMI, April 6, 2017 /PRNewswire/ - Pike Rowley, Avison Young Principal and Managing Director of the company's Florida region, announced today that highly regarded capital markets specialist George Vail has joined the firm in Miami.
Effective immediately, Vail becomes a Principal of Avison Young and will help expand the firm's capital markets and debt platform throughout Florida. He will also further the growth of the company's regional joint-venture and structured finance platforms. He was most recently Managing Director of Ackman-Ziff in Miami.
"We are very fortunate to have George join us here in Florida to lead the growth of our debt-and-equity finance business line for the entire state," comments Rowley. "George is a highly regarded commercial real estate industry leader. He comes to us with great credentials and a long, distinguished track record of delivering thoughtful and creative investment banking strategies and solutions to private and institutional property investors. His extensive experience in financing large investment transactions and selling a vast array of asset types will be highly beneficial as we expand our capital markets and debt, joint-venture and structured finance platforms in Florida."
Rowley continues: "George's management and recruiting experience, comprehensive real estate market knowledge, and collaborative approach to every transaction make him an ideal fit for Avison Young's Principal-led culture. Furthermore, his presence will enable us to recruit top real estate professionals who seek to specialize in capital markets and other investment property transactions. We all look forward to working with him."
Vail brings more than 20 years of commercial real estate investment sales, financing and management experience to Avison Young. During his career, he has co-ordinated more than $4 billion in commercial real estate transactions, which have included investment sales as well as debt, equity, senior and mezzanine financing. The deals have also included performing and non-performing loans, apartment communities, office buildings, retail centers, hotels, industrial complexes and development land sites.
Prior to joining Ackman-Ziff in 2012, Vail spent six years as a Managing Director at Holliday Fenoglio Fowler in Miami, where he focused on the sale of apartment communities, land, non-performing notes and bulk condominium assets, as well as the solicitation and execution of other investment sales, throughout Florida. Before moving to Holliday Fenoglio Fowler, he was an associate vice-president from 2004 to 2006 at DTZ Rockwood, a real estate investment banking firm in Miami where he was responsible for the execution of more than $2 billion in investment sales transactions, including apartment, retail and office properties. Prior to joining DTZ Rockwood, Vail was a member of Cushman and Wakefield's capital markets group in Miami, participating in the execution of more than $800 million worth of retail investment sales transactions.
"We are very excited to have George join our team to handle our clients' financing and equity needs," states Michael Fay, Co-Managing Director of Avison Young's Miami office. "George's extensive experience, knowledge and creativity in these fields will be of tremendous value not only to our team here at Avison Young, but also to all of our clients and business partners."
Vail holds a Master of Business Administration degree from the University of Miami School of Business and a Bachelor of Arts degree in political science, markets and management from Duke University.
"I am thrilled to be joining Avison Young and leveraging its expansive domestic and international full-service platform, which will enable me to provide even more opportunities and real estate services to my clients," says Vail. "I was drawn to Avison Young's collaborative and sharing culture, which puts clients' interests first, and look forward to helping grow the firm's debt-and-equity platform in Florida. I am also excited to be reuniting with former colleagues, including Michael Fay, whom I've known for many years, and collaborating with my new colleagues in Florida and across the U.S., as well as in Canada, Mexico and Europe."
Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 79 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.
For further information/comment/photos:
- Sherry Quan, Principal, Global Director of Communications & Media Relations, Avison Young: 604.647.5098; mobile: 604.726.0959
- Pike Rowley, Principal and Managing Director, Florida, Avison Young: 954.938.1807
- Michael Fay, Principal and Managing Director, Miami, Avison Young: 305.447.7842
- George Vail, Principal, Avison Young: 305.447.7869
- Donna Abood, Principal and Managing Director, Miami, Avison Young: 305.447.7857
- Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610
- Mark Rose, Chair and CEO, Avison Young: 416.673.4028
Avison Young was a winner of Canada's Best Managed Companies program in 2011 and requalified in 2017 to maintain its status as a Best Managed Gold Standard company
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SOURCE Avison Young Commercial Real Estate (BC)