Ron Azad

Experience

• 

  CBRE Global Investors

  Jan 1982 - Jan 1989

  Asset Manager and Acquisitions Manager

  Managed portfolios totaling 53 retail, office, and industrial investments comprised of 5.5 million SF valued at $350 million.

• 

  Adler Realty, CBRE Global Investors

  Jan 1990 - Apr 2010

  Directed a team of 23 professionals, including asset managers, property managers and leasing agents for the firm’s 25-asset portfolio of office, retail and development projects owned by partnerships of private investors. Member of the firm’s four-person Executive Committee which also included the firm’s President, CFO, and Acquisition/Finance Director.-Improved asset management performance by increasing each team member’s accountability, replacing underperforming property managers and leasing firms and upgrading management reports. These efforts resulted in accomplishing a stable occupancy while vacancy in competing buildings increased.-Initiated Financial Analyses and Market Feasibility studies for numerous potential projects.-Revamped and expanded Investor Reporting and employee performance reviews resulting in very high investor satisfaction and a streamlined preparation process requiring 30% less manpower.-Created and implemented an enhanced accounts receivable tracking system. This process involved property mangers, assistant managers and accountants. Collection of delinquent rents increased by 35%.-Developed a new $20 million, specialty retail center completed in July 2010. Obtained final entitlement, controlled each loan draw, negotiated all leases, design and construction contracts and directed the project’s development. Show less

  • Managing Director, Portfolio and Asset Manager

    Jan 2008 - Apr 2010

  • Managing Director, Portfolio Manager and Asset Manager

    Jan 2002 - Jan 2008

  • Senior Director, Portfolio Manager and Asset Manager

    Jan 1994 - Jan 2002

  • Vice President, Portfolio Manager and Asset Manager

    Jan 1990 - Jan 1994
• 

  Charles Dunn

  Jan 2010 - Apr 2011

  Senior Managing Director

  Senior Managing Director of Charles Dunn Company's Real Estate Services Company. Primary responsibility for overseeing operations of the firm's 21 million square foot property management and asset management division. Mr. Azad's focus was the operation and growth of the property and asset management portfolio and its integration into Charles Dunn's multiple services. Mr. Azad served as a member of Charles Dunn Company's Executive Committee.EXPERIENCE/EXPERTISEMr. Azad's career has spanned nearly 30 years since his start at CB Richard Ellis Investors in 1982. While at CBRE Investors, Mr. Azad led successful US real estate investment programs for institutional, private equity and off-shore investors. His strong leadership and team-building skills and his energetic approach have led to successes in portfolio management, asset management, acquisitions, development and dispositions. Mr. Azad has a proven track record of turnaround and disposition of underperforming investments. He has managed over $2.8 billion of assets totaling more than 16 million square feet, including over 80 office, industrial, retail, medical office and residential properties, including ground-up developments. Show less

• 

  Kentwood Assoc

  Jan 2011 - Jun 2012

  Principal

  Providing consulting services to commercial real estate investors regarding repositioning, leasing and development.

• 

  Hankey Investment Company

  Jul 2012 - now

  Executive Vice President - Asset Management and Development