BOSTON—Commercial real estate advisory firm Cresa has announced a changing of the guard in its executive suite, naming Richard Rhodes as CEO, Matthew Feeney as its new chairman and Judi Hilton as COO.
The Boston-based firm also announced that Matthew Miller, managing principal of Cresa Los Angeles, was re-elected vice chairman. Other newly elected members of the Board were Brant Bryan, principal of Cresa Capital Markets in Dallas; Bill Lichwalla, CPA, managing principal, Cresa Detroit; and Jeff Manley, principal, Cresa Orange County.
Rhodes, Cresa's chairman since 2013, will serve as CEO while he continues as managing principal of the firm's Washington, DC office. He succeeds Jim Leslie, former president of the Staubach Company, who had served as the firm's CEO since 2012. Feeney, the firm's new chairman, continues as managing principal at Cresa Philadelphia. He was formerly vice chairman of the Board. Newly appointed COO Hilton will continue to be based at the firm's corporate headquarters office in Boston.
“Rich, Matt, and Matthew are the logical choices to take us to the next level,” says Bill Goade, who co-founded Cresa in 1993 and continues as an advisor to the Board. “They have been with Cresa since our inception, have terrific track records, and are passionate client advocates who exemplify Cresa's values, including our collaborative culture and philosophy to 'do the right thing.'”
Cresa has more than 50 offices in the United States and Canada. Through its international locations and partnerships Cresa covers more than 200 locations in 40 countries. The firm's executive team is projecting 20% growth in personnel and revenue over the next five years.
Last year, which the company says was the most successful in its history, Cresa opened offices in London, Brussels, and Amsterdam. This spring, Cresa plans to open eight new offices in Europe, Asia, Australia, and New Zealand.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
