Lowe Taps Martin Caverly to Lead Greater LA Activities

Real estate investment, development and management firm Lowe has tapped Martin Caverly to lead the company’s commercial and multifamily real estate activities in the greater Los Angeles area, assuming responsibility for ongoing investment, development and management activities.

A Lowe EVP who joined the firm seven years ago, Caverly has been instrumental in the growth and expansion of the company’s commercial property management subsidiary, Hospitality at Work. He assumes his new duties as 30-year Lowe veteran Tom Wulf steps back from his leadership role for the region.

“Marty is a respected and talented leader with 30 years of experience in the real estate industry,” said Mike Lowe, co-CEO of Lowe. “We are confident in his ability to continue Lowe’s successful investment, development and operating platforms while seeking growth opportunities in the Los Angeles area.”

Although Caverly will continue as national office platform leader for the firm, two longtime senior executives of Hospitality at Work will assume expanded duties to support him in his new role. “Daisy Gauck and T.J. Tarbell will undertake responsibility for much of the daily oversight and management of Lowe’s Hospitality at Work platform,” said Caverly. “Their willingness to extend their talent, time and effort is key to my ability to take on this new role.”