CBRE Honors Five Recent Promotions in Colorado
01 Nov 2018
CBRE announced today that five Colorado-based professionals were recently recognized for their outstanding performance with title promotions.
Todd Papazian was promoted to Senior Vice President with CBRE Advisory & Transaction Services | Occupier. Mr. Papazian’s role at CBRE focuses on leading and managing relationships for companies with national and/or international real estate portfolios. In the past 10 years, he and his partners Doug Bakke, Ty Ritchie, Lee Diamond and Melanie Fontenot have completed over 2,500 transactions worldwide, totaling more than 30 million sq. ft. and aggregated consideration of over $4 billion.
Part of the same team, Melanie Fontenot was promoted to First Vice President with CBRE Advisory & Transaction Services | Occupier. Ms. Fontenot is primarily responsible for national client relationships and transitioning clients to the CBRE platform and team services. She began her career at CBRE in brokerage focused on landlord representation. Her experience also includes a two-year leave of absence where she joined the Peace Corps. In both 2016 and 2017, Ms. Fontenot and her partners were recognized by NAIOP as the Colorado Office Broker Team of the Year. Both Ms. Fontenot and Mr. Papazian are based in CBRE’s Denver Tech Center office.
Jake Young was promoted to First Vice President with CBRE Capital Markets. Mr. Young specializes in the sale of multifamily investment properties across the Front Range. He is based in CBRE’s downtown Denver office. In August Mr. Young helped arrange the sale of two value-add apartment communities in metro Denver totaling $48.25 million. In the same month he completed the $35 million sale of Union Heights Apartments in Colorado Springs. He has completed in excess of $1 billion in commercial real estate transactions over the course of his career.
Ryan Link was promoted to Vice President with CBRE Advisory & Transaction Services | Occupier. Based in downtown Denver, Mr. Link focuses on representing local office tenants with their space needs throughout metro Denver. In August, Mr. Link, along with his partners Rob Link and Frederic de Loizaga, was recognized by the Denver Business Journal as a top 10 metro-area office broker for the second quarter of 2018. He was also a nominee for the Denver Business Journal’s 40 Under 40 Class of 2018. Since joining CBRE in 2013, Mr. Link has executed more than 2 million sq. ft. of lease and sale transactions.
Finally, Robert Korosec was promoted to Vice President with CBRE Valuation & Advisory Services. Mr. Korosec also recently achieved the MAI designation from the Appraisal Institute, a designation recognized by courts of law, government agencies, financial institutions and investors as a mark of excellence in the field of real estate valuation and analysis. He has more than 20 years of commercial real estate valuation experience encompassing a wide variety of property types including industrial, multifamily, residential subdivisions, office and retail. Mr. Korosec is based in CBRE’s downtown Denver office and part of CBRE’s National Industrial Valuation Team.
“We congratulate these CBRE professionals who work across a variety of service lines and property types, but who all share the common characteristics of market-leading expertise, a strategic approach to real estate and a commitment to delivering the highest levels of client service,” said Pete Schippits, Senior Managing Director of CBRE’s Mountain States.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.