WASHINGTON, Feb. 4, 2015 /PRNewswire/ -- Delta Associates and Transwestern today announce David Weisel has been promoted to Chief Executive Officer of Delta Associates. He previously served as president of the commercial real estate research firm's consulting division. Weisel takes over leadership as Greg Leisch, founder of Delta Associates, steps down to pursue other opportunities.
"We are pleased to have David serving as CEO of this important Transwestern affiliate," said Phil McCarthy, Transwestern executive managing director. "With real estate research being an integral part of the services we offer our clients, David's expertise and insights are vital as we advise clients in making knowledgeable real estate decisions and creating value regarding their holdings and investments."
Weisel will direct Delta's consulting services for third-party clients including developers, lenders, equity investors, not-for-profit organizations and government agencies. Delta's services include market and financial feasibility studies, development programming, acquisition due diligence, highest-and-best use analysis, developer selection and negotiations, and economic and fiscal impact analysis. In addition to consulting activities, Delta produces subscription publications on apartments, condominiums, office, retail and housing.
"Greg Leisch brought integrity and dedication to Delta Associates, and he will be missed greatly by our clients and team members," Weisel said. "I have learned a great deal from Greg during his tenure, and I look forward to accepting the great responsibility of taking over for him. I am confident that our skilled professionals will carry on his legacy."
Prior to joining Delta Associates in 2000, Weisel worked for Arthur Andersen LLP as a manager in the real estate practice in the Washington D.C. office of the firm's strategy, finance and economics division. Before that, he worked for Riggs & Co. Investment Management as valuation manager and asset manager for a $1 billion real estate fund, and previously with Real Estate Research Corp., a national consulting and appraisal firm.
Weisel's clients have included Fortune 100 companies, local and national developers, domestic and foreign real estate investment funds, real estate investment trusts, private investors, and federal, state and local governments. He has experience in every property type, including Class A office towers, manufacturing plants, resort facilities, single-room occupancy boarding houses, senior housing complexes and child-care centers. His work has taken him to more than 100 metropolitan areas in 40 U.S. states and to international markets.
Weisel is a member of The Counselors of Real Estate, Urban Land Institute and the American Real Estate Society, and he is an affiliate member of the Appraisal Institute. He has published several articles on real estate markets and investment strategies. Weisel received a bachelor's degree in politics from Brandeis University and a master's degree in city and regional planning from Harvard University.
ABOUT DELTA ASSOCIATES
Delta Associates, the research affiliate of Transwestern, is a firm of experienced professionals which has been providing consulting and subscription data services to the commercial real estate industry for more than 30 years. For more information, please visit www.DeltaAssociates.com.
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 38 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern and @TranswesternDC.