SEATTLE, Oct. 18, 2016 /PRNewswire/ -- Kidder Mathews Chairman and CEO, Jeff Lyon, announced that Bill Frame will become the firm's President, responsible for all operations in its 17 offices in 5 states on the West Coast. The move is the result of the firm's 2 years of succession planning for a strong leadership team who will keep the firm independent for the long term vs. fold into a publicly held company, like many of its regional competitors have done in recent years. Lyon will remain Chairman and CEO for the foreseeable future, and will continue to seek out strategic opportunities and lead the firm's aggressive expansion of locations and business lines.
Frame is a 26-year commercial real estate office specialist veteran who originally started his career at Cushman & Wakefield and has been with Kidder Mathews for the last 23 years. He is a shareholder in the privately held firm, and he has been a member of the firm's board of directors for the past 18 years, a managing partner for 16 years, and a perennial top producer throughout his career. He holds the prestigious SIOR designation and was honored as SIOR office broker of the year in 2006. He's involved in the Federal Way Chamber, King County Board of Realtors, Pierce County Boys & Girls Club, Tacoma/Pierce County Chamber, Washington State Commercial Association of Realtors, UW Tacoma Milgard School of Business Advisory Board, a graduate of UW, and he is a Certified Commercial Investment Member (CCIM). Prior to commercial real estate, Bill was a VP of Finance with a local airline.
"Bill's expertise in commercial real estate and his many years of leadership in the firm have earned him the role of leading the firm into the future. He is widely respected in the commercial real estate industry as well as company-wide at Kidder Mathews," said Kidder Mathews CEO and Chairman Jeff Lyon. "As we plan for our growth and leadership going forward, we feel confident in Bill's ability to add tremendous value and guidance to the firm," said Lyon.
Kidder Mathews has been actively expanding its presence on the West Coast by adding 8 offices in the past 18 months in California, Nevada, and Arizona. The firm now has 10 offices in California from San Francisco to San Diego, with plans to continue its expansion into the L.A. market in the next year. The move to add the role of President is one of several roles added in the past year to support the firm's growth and infrastructure so as to remain independently owned by its professional service providers and key employees.
"I am eager to be actively involved in overseeing the firm and its growth, beyond my role as a strategic board member at Kidder Mathews. I am ready to roll-up my sleeves and get involved in the day to day excitement of our aggressive expansion," said Frame.
Kidder's platform is built on a flat and efficient management structure, commission splits that are at least 20 percent more favorable to its brokers and the opportunity for every employee to become a shareholder—has consistently attracted the top professionals in the industry.
About Kidder Mathews
Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with over 600 real estate professionals and staff in 17 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews provides a complete range of brokerage, appraisal, property management, consulting, debt and equity finance, sustainability, and project and construction management services for all property types. The firm performs $4.7 billion in transactions, manages over 37 million square feet of space, and conducts over 1,300 appraisals annually. For more information, visit kiddermathews.com.
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SOURCE Kidder Mathews