CBRE Adds SoCal Multifamily Investment Sales Team from Berkadia

CBRE has reinforced its institutional presence in Southern California with the addition of a multifamily investment sales team led by Rachel Parsons and Derrek Ostrzyzek, joining from Berkadia. The team will focus on the sale of institutional apartment communities and multifamily development/equity raises throughout the region. Since 2018, the team has completed nearly $7 billion in multifamily transactions.

Both Parsons and Ostrzyzek join CBRE as EVPs. An investment sales veteran with more than 20 years’ experience, Parsons previously worked for Moran & Company and prior to that spent 17 years at CBRE. With more than 18 years’ experience, Ostrzyzek has previously worked for Moran & Company and Invesco Real Estate.

“Rachel and Derrek’s deep knowledge of the Southern Californian markets and proven track record will be invaluable to our clients’ needs and future growth in this $10-billion market,” said Kelli Carhart, leader of multifamily capital markets for CBRE. “We are thrilled to have this team join the platform, which will lead to transformational change for CBRE in California. I couldn’t think of a better team to lead CBRE into the future.”