Investment sales specialist also becomes Principal, will expand firm's capital markets footprint across U.S. and work with Washington, DC team
WASHINGTON, DC, May 2, 2016 /PRNewswire/ - Earl Webb, President, U.S. Operations for Avison Young, the world's fastest-growing commercial real estate services firm, announced today the strategic hiring of industry leader John Kevill.
Effective immediately, Kevill becomes a Principal of Avison Young and a Managing Director of U.S. Capital Markets. Based in Washington, DC, Kevill will focus on expanding the company's capital markets footprint across the U.S., particularly in the investment sales practice area. He was most recently Managing Director of Eastdil Secured in Washington, DC.
"We're thrilled that John has decided to take on this senior role in capital markets and help us build out our investment sales, debt and equity capabilities across the country," comments Webb. "In addition, he is going to spend part of his time focusing on the DC investment property marketplace and working with our existing DC team to develop the leading capital markets group in that region. Avison Young has achieved dramatic growth in our business over the past several years and we have significant resources to attract new talent and grow the business. John joins at a time of increased focus and commitment of resources in the capital markets business and will help drive the recruitment and new business efforts in DC and nationally."
Webb continues: "Having worked with John in the past, I am very familiar with his talents and dedication to superior client service. He has gained extensive experience with domestic and foreign clients while helping them solve a myriad of capital problems, ranging from asset sales to recapitalizations to financing and other challenges. Accordingly, he has developed terrific relationships with a number of North American and global clients and will offer the benefits of his quarter-century of industry experience to Avison Young at a critical juncture in our corporate growth."
Kevill brings 24 years of commercial real estate experience to Avison Young. During his career, he has executed nearly $25 billion in transactions, including single-asset sales ranging in value from $4 million to $500 million, multi-market portfolios and recapitalizations. His clients include a broad range of private-equity firms, REITs, pension funds and their advisors, sovereign-wealth funds and global financial institutions.
Kevill has led or co-led the top-ranked office brokerage team in Metro DC since 2012, as rated by Real Estate Alert, and has received numerous local and national awards for deals he has executed.
"John is one of the best investment sales professionals in the business, having earned a stellar reputation in the nation's capital and across the country," says Mark E. Rose, Chair and CEO of Avison Young. "He is the ideal fit for this critical U.S. capital markets leadership role. While expanding our investment real estate footprint across the country, he will work with our regional managing directors on recruiting capital markets professionals in key regional markets. He will also be a great mentor to our capital markets personnel on client-relationship development and transaction execution."
Keith Lipton, Avison Young Principal and Chief Operations Officer, U.S., says Kevill will help the company be a differentiator at the local, national and international investment sales levels. Kevill's presence in Washington will also accelerate the expansion of the DC capital markets team and help recruit the country's best and brightest investment sales professionals in all of Avison Young's markets.
"John has a unique talent for analyzing and identifying trends in the capital markets segment of the business – particularly in relation to office assets," says Lipton, who is based in Washington, DC. "He has succeeded throughout his career in helping clients strategically resolve capital issues affecting their asset holdings. His relationships span the spectrum of clients, from regional private capital to the largest global investors, and he is well-respected as someone who always puts clients' interests first while working tirelessly to solve even the most complex problems. As he expands and strengthens our U.S. capital markets platform, he will play a leading role in the overall growth of Avison Young."
Over the past seven years, Avison Young has grown from 11 to 77 offices and from 300 to more than 2,200 real estate professionals in Canada, the U.S., Mexico and Europe.
"I'm honored to join Avison Young as the firm continues to expand its capital markets service offerings in DC and across the U.S.," says Kevill. "It is truly a once-in-a-career opportunity to help lead the growth of a key business line at the firm and work alongside people whom I have known and respected for more than 20 years. I couldn't be more excited to be part of Avison Young's unique Principal-led, collaborative culture, and I look forward to working with the regional managing directors and further building the firm's strong capital markets group to provide sustainable solutions for clients in the U.S., Canada, Mexico and Europe."
John Kevill brings 24 years of commercial real estate industry experience in Washington, DC to Avison Young, most recently as Managing Director of Eastdil Secured. While at Eastdil, he helped develop the firm into the top performing real estate brokerage office in Metro Washington, as rated by Real Estate Alert. Prior to joining Eastdil in 2011, Kevill served for 17 years with Jones Lang LaSalle (JLL), most recently as Managing Director. After assuming leadership of JLL's capital markets team in 2003, he turned it into one of the top performing capital markets teams in Washington, again as judged by Real Estate Alert.
During his career Kevill has executed nearly $25 billion in transactions, including single-asset sales ranging in value from $4 million to $500 million and national portfolios and recapitalizations. His notable deals involving trophy-class assets in Washington have included the sale of the Evening Star Building, Bond Building, Commercial National Bank Building, Hamilton Square, Union Square, and 2099 Pennsylvania Avenue NW. He has also executed numerous other deals including a $725-million U.S. portfolio sale on behalf of Dutch REIT Wereldhave and the recapitalization of Patriots Plaza. Kevill's clients include a broad range of private-equity firms, REITs, pension funds and their advisors, sovereign-wealth funds and global financial institutions as well as numerous private capital sources.
Kevill has received numerous local and national industry awards during his career. Among the honors, he is a two-time winner of the Deal of the Year Award presented by the Washington Business Journal. He holds a Master of Business Administration degree from Georgetown University's McDonogh School of Business and a Bachelor of Arts degree in history from the University of Virginia. He is a board member of Habitat for Humanity of Washington, DC; an advisory board member for Georgetown's Robert Steers Center for Global Real Estate; and a member of the Association for Foreign Investment in Real Estate (AFIRE) and Urban Land Institute.
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 2,200 real estate professionals in 77 offices, providing value-added, client-centric investment sales, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.
For further information/comment/photos:
• Sherry Quan, Principal, Global Director of Communications & Media Relations, Avison Young: 604.647.5098; cell: 604.726.0959
• Mark Rose, Chair and CEO, Avison Young: 416.673.4028
• Earl Webb, President, U.S. Operations, Avison Young: 312.957.7610
• Keith Lipton, Principal and COO, U.S. Operations, Avison Young: 202.644.8683
•John Kevill, Principal and Managing Director of U.S. Capital Markets, Avison Young: 202.602.1737
Avison Young was a winner of Canada's Best Managed Companies program in 2011, 2012, 2013 and 2014 and requalified in 2015 to maintain its status as a Best Managed Gold company
Follow Avison Young Bloggers: http://blog.avisonyoung.com
Follow Avison Young on LinkedIn: http://www.linkedin.com/company/avison-young-commercial-real-estate
Follow Avison Young on YouTube: www.youtube.com/user/AvisonYoungRE
Please click on link to view and download photo of John Kevill: http://www.avisonyoung.com/sites/default/files/content-files/Media_Room/Temp/JohnKevill.jpg
SOURCE Avison Young Commercial Real Estate (BC)