LEE & ASSOCIATES ACCELERATES GROWTH WITH LAUNCH OF MULTIFAMILY TEAM
JANUARY 06, 2020 (Seattle, WA) Five experienced multifamily brokers have joined Lee & Associates Commercial Real Estate Service to launch the brokerage’s new Northwest Multifamily Team. The addition of Candice Chevaillier, Daniel Lim, Lee Loveland and Edward Milton-Moncivaiz, all formerly of SVN Whitecap Commercial Real Estate, punctuate a strategic growth initiative for the firm. Don Flanigan, formerly of JLL and now Vice President at Lee & Associates, and Chevaillier have partnered to lead the new Northwest Multifamily team and are focused on bringing the sub-institutional private client the same kind of sophisticated customer service often found in the institutional investment markets.
With the addition of Flanigan in October 2019, Lee & Associates set in motion their strategy not only to extend into the multifamily sector, but to establish a dedicated, experienced multifamily team second to none within the market. According to Jim Bowles, President of Lee & Associates Northwest offices, “When we first opened our Seattle office to service the Puget Sound Region three short years ago, we knew that we wanted to focus on all parts of the commercial real estate brokerage business, including and especially the multifamily arena. The recruitment of industry veterans Don Flanigan and Candice Chevaillier, along with her multifamily team of three from SVN, underpins our commitment to becoming a leading contributor to the regional multifamily brokerage business.”
Chevaillier states, and Flanigan agrees, that “This is the perfect time to be launching our Multifamily team in the Seattle area. Throughout the Puget Sound region, all sectors of the multifamily market are extremely dynamic with new product being consistently created to meet demand. We are currently tracking over 900 new or proposed projects that could add up to an additional 120,000 new apartment units.” Flanigan adds, “We are strategically focused on sub-institutional investment properties, a segment that makes up the vast majority of multifamily properties in our market and are typically owned by individuals, family trusts and professional multifamily investors. Our tailored approach provides curated marketing and advisory services which address the unique objectives of these groups”.
The Lee & Associates’ Northwest Multifamily Team will operate out of the current downtown Seattle office and new Queen Anne location.
About Lee & Associates: Lee & Associates Commercial Real Estate Services was established in January of 2017. The company is built on a broker-owned platform that encourages cooperation and collaboration, optimizing results for all of their customers. Nationally, Lee & Associates is the largest employee owned commercial brokerage organization with over 1,000 brokerage professionals in 65 offices.