CHICAGO, INDIANAPOLIS—Cap rates are on the rise in many US core markets, and both institutional investors and private buyers are paying more attention to smaller metro areas. As a result, some firms have decided to expand the services provided to clients across the Midwest.
Lee & Associates, the largest broker-owned commercial real estate firm in North America, recently brought on industry veteran Rebecca Wells as a senior vice president in the Indianapolis office, a move that will strategically grow its capital markets business in secondary metros around the Midwest. During her more than 23-year career, Wells has successfully executed over $1 billion of investment sale transactions on behalf of institutions, REITS, developers and private clients.
“It was a missing component for us,” Scot Courtney, president of Lee & Associates Indianapolis, tells GlobeSt.com.
Continue Reading for Free
Register and gain access to:
- 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
© 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.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
