Exciting Changes in Atlanta’s Multifamily Real Estate Scene!
Atlanta is buzzing with energy as the multifamily real estate scene gears up for some impressive changes! The latest talk on the block? The renowned Jake Reid has joined the CBRE family as a senior vice president! With a whopping 21 years of experience under his belt, Reid is sure to shake things up.
A New Chapter for Jake Reid
Making waves in the world of real estate, Reid comes to CBRE after a successful stint as the managing director and Georgia production lead at Capstone Companies. His expertise lies in the bustling realm of middle-market apartment sales, particularly covering the greater Atlanta metro area and the Southeastern United States. But that’s not all—before his time at Capstone, he spent over 12 years as a senior director at Franklin Street’s multifamily sales team in the vibrant Atlanta area!
Impressive Track Record
Reid’s impressive journey has seen him representing clients in the buying and selling of multifamily assets valued at more than $2 billion. Can you believe that? That’s no small feat! His reputation precedes him, and it’s easy to see why he’s highly regarded in the industry. As he takes on this new role, Reid is poised to bring his extensive knowledge and experience directly to the Atlanta market.
What’s Ahead for Multifamily Investments
John Ferguson, the president of CBRE Advisory Services in Atlanta, couldn’t be more thrilled about Reid’s transition to their team. “I’m thrilled to welcome Jake to CBRE in Atlanta,” Ferguson said, highlighting the potential growth in multifamily investment sales. He believes that improving fundamentals will kickstart investor confidence, especially with projections showing that 2025 could be a significant year for the sector.
Reid’s Perspective
So, what does Reid think about this new chapter? As someone who is deeply passionate about the multifamily sector, he is ready to dive into middle-market assets. “It’s an exciting time to be in this business!” he said, as he prepares to harness his expertise to capitalize on emerging opportunities. He aims to help clients navigate this dynamic landscape, ensuring that they make informed decisions about their investments.
A Strong Foundation in Education
Reid’s background offers strength to his professional journey. He earned his degree in international business with a concentration in finance from the University of Georgia. This foundation complements his extensive field experience, allowing him to blend academic knowledge with practical insight in a way that truly benefits his clients.
About the Atlanta Scene
Atlanta continues to be a hotbed for real estate development, particularly in the multifamily arena. With an ongoing influx of population and business opportunities, the city is becoming increasingly attractive for investors. Reid’s arrival at CBRE is perfectly timed as the city is set to experience impressive growth in this sector.
Looking Forward to a Bright Future
As Jake Reid joins the ranks at CBRE, everyone in the Atlanta real estate community is keeping a close eye on this fresh collaboration. With his wealth of experience and a solid game plan to tackle the multifamily market, it’s bound to be an exciting journey ahead.
In a city that’s always on the move, Reid’s contribution promises to keep Atlanta’s multifamily real estate scene thriving. Stay tuned, folks, because the best is yet to come!
