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Cushman & Wakefield Expands Multifamily Capabilities in Las Vegas

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Cushman & Wakefield has recruited a successful multifamily brokerage to further help it target the globally renowned Las Vegas market.

With several decades of experience Art Carll, Michael Albanese, and Breah Sims will serve investors and developers, leveraging their expertise in the disposition and acquisition of multifamily properties on behalf of buyers and sellers across the region.

“Las Vegas maintains its prominence as one of most popular destinations in the world and, together with its business base and sports entertainment has helped drive the valley’s diverse economy and job growth.”

Venessa McEvoy, Cushman & Wakefield’s Market Leader for Nevada, tells FM Magazine, “We’re pleased to welcome a well-established Multi Family Advisory group to our Nevada markets. Art, Michael and Breah bring extensive experience in this sector, enhancing our market presence. They are trusted across the industry and excel at identifying value-add opportunities by creating custom strategies for clients and investors.”

Art Carll Tangora Headshot
Carll joins Cushman & Wakefield as Managing Director of the new multifamily team.

The trio all join Cushman & Wakefield from Avison Young where they were a top-producing multifamily team for several years.

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Bringing 21 years of expertise in commercial real estate to his new role, Carll has facilitated more than US $1.5 billion in transactions within the Las Vegas market and more than US $2.5 billion during his illustrious career. Albanese is also a seasoned professional with over 15 years of industry experience. His career work includes managing multifamily units and working with investors in transacting sales totalling more than US $300 million. As the team’s main support, Sims has assisted multifamily brokers and clients for over the past three years.

Breah Sims Headshot
Breah Sims Joins Cushman & Wakefield as a Brokerage Specialist.

“The three of us are very excited to join Cushman & Wakefield in Las Vegas, one of the world’s brightest markets. As a supreme real estate firm regionally and globally, Cushman & Wakefield boasts a leading capital markets platform which we now have full access to benefit our business and continue to create opportunities for our clients,” says Carll. “Las Vegas maintains its prominence as one of most popular destinations in the world and, together with its business base and sports entertainment has helped drive the valley’s diverse economy and job growth.”

Michael Albanese Headshot
Albanese joins the team as a Director.

Albanese adds, “The Las Vegas Valley remains very attractive for apartment renters due to its diverse apartment inventory while also holding its position as a more affordable or competitively priced place to live when compared to other major cities or gateway markets. We anticipate the local multifamily sector to remain strong for the foreseeable future, which should create even more great opportunities for our investor clients.”

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Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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  • Final Logo

    FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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