CBRE Group announced leadership changes within its real estate investments business segment and Trammell Crow Co. subsidiary.
Mike Lafitte, global CEO of real estate investments, will assume additional responsibilities as CEO of Trammell Crow Co., CBRE’s real estate development subsidiary.
Matt Khourie, Trammell Crow Co.’s current CEO, will move into a newly created position – CIO of real estate investments, reporting to Lafitte. In this role, Khourie will focus on allocating CBRE’s equity capital into direct real estate investments and funds as well as real estate investments-related initiatives. Lafitte and Khourie will assume their new duties on January 1, 2021.
Additionally, Mr. Khourie will assume the duties of CIO of Trammell Crow Company on April 1, 2021, when the company’s current CIO, Craig Cheney, will retire.
Adam Weers will be promoted to COO of Trammell Crow Co. on April 1, 2021, when the company’s current COO, Mike Duffy, will