David Armitage has joined CBRE Capital Markets as a Senior Vice President focused on the affordable housing sector across the United States. Based in Seattle, he will expand the advisory capabilities of CBRE’s Affordable Housing team by supporting M&A portfolio sales and capital solutions.

Over the course of his 17-year career, Armitage has participated in more than $23 billion in transactions. He joins CBRE from Heartland, a Seattle-based real estate advisory and investment firm, where he served as Director of Asset Management since 2019. Prior to that, he held senior leadership and advisory roles in corporate development, strategy, investment, and asset management for international REITs, institutional private equity investors and family enterprises.

“David’s diverse career experience as a developer, analyst, asset manager and operational leader will enhance our advisory capabilities and bring a new perspective to our team,” said Jeff Arrowsmith, Senior Managing Director for CBRE Affordable Housing.