MULTIFAMILY INFLUENCER: CBRE Multifamily
CBRE Multifamily consists of more than 300 dedicated professionals specializing in all aspects of brokerage and finance for a broad range of investors in the US and globally.
CBRE Multifamily consists of more than 300 dedicated professionals specializing in all aspects of brokerage and finance for a broad range of investors in the US and globally. The group’s investment and advisory services are further bolstered by its ability to tap into capital markets markets solutions for its clients, and the wealth of proprietary data and insights at local, regional, national and global levels.
Consistently named a top US apartment broker by Real Capital Analytics since 2001, CBRE had a strong year in 2017. The firm completed $25.6 billion in multifamily investment sales last year and handled $24.7 billion in financing. Due to this volume, the Mortgage Bankers Association named CBRE the No. 1 multifamily loan originator and No. 1 GSE Originator in 2017.
Industry veteran Peter Donovan co-leads the CBRE Capital Markets, Multifamily service line as executive managing director overseeing the firm’s Fannie Mae and FHA debt platforms nationally. He has gathered a vast knowledge throughout his career, which spans 34 years. As the former CEO of Deutsche Bank Berkshire Mortgage, he helped the firm become one of the leading players in GSEs, growing the servicing portfolio to more than $18 billion. More than $4 billion in Fannie Mae, Freddie Mac, FHA and affordable housing loans were originated annually. Donavan, past chairman for both the NMHC and Fannie Mae Advisory Council, is a recipient of the Fannie Mae Larry Dale Lifetime Achievement Award.
As president of CBRE Capital Markets’ institutional sales business, Brian McAuliffe has been a top producer since joining the firm in 1983. The multifamily specialist has represented institutional investors and public companies in the acquisition and disposition of some $4 billion of properties in his career. He left CBRE for Deutsche Asset & Wealth Management in 2005, where he was involved in nearly $30 billion in acquisition and disposition activity over a seven-year tenure. McAuliffe returned in CBRE in 2013 and was promoted to his current role two years later. Outside of overseeing CBRE’s US institutional sales platform, he serves on the firm’s Americas Operations Management Board and its Americas Strategy Group. For the past 12 years, he’s also been a member of NMHC’s executive committee.
Mitchell W. Kiffe joined CBRE Capital Markets in May 2010 and is currently co-head of national production for the debt & structured finance group. Charged with business development, originations and management of a 30-office production network, the senior managing director works with agencies, life insurance companies, conduits, banks and other capital providers on behalf of major clients.
A member of the CBRE Fannie Mae DUS Loan Committee, Kiffe spent over 17 years with Freddie Mac in various roles including head of production. He increased the GSE’s loan purchase volume from $1.7 billion in 1997 to $19 billion in 2008, and also led its expansion into senior housing, student housing, tax-exempt bond credit enhancements, structured transactions and credit facilities. Kiffe serves on the executive committees for the American Seniors Housing Association and NMHC, and is a former board member of NIC.
Supporting all of these efforts is CBRE’s data, driven by Jeanette Rice, head of Americas multifamily research. She joined CBRE in 2014 after leading her own consulting practice and holding various positions at CRE firms throughout her 30 years as a senior-level economist, market analyst and investment strategist. Rice is a member of the NMHC Research Committee, and is a Counselor of Real Estate and a Fellow with the Real Estate Research Institute and the Homer Hoyt Institute, a nonprofit research and educational foundation.