Industry leader to head real estate firm's advisory
and consulting services in Southern California
LOS ANGELES, Sept. 8, 2014 /CNW/ - Christopher Cooper, Avison Young Principal and Managing Director of the company's Southern California region, announced today that James Maddox has joined the firm in West Los Angeles.
Effective immediately, Maddox becomes a Principal. He will lead Avison Young's real estate consulting and advisory services in Southern California while specializing in strategic advisory and capital markets solutions for major real estate owners, developers and investors. For the past six years, he was Managing Director of Real Estate for Kibel Green Inc., based in Santa Monica.
"Jay is a highly regarded real estate industry leader who has gained recognition for his proven expertise in consulting, finance and advisory services," comments Cooper. "We couldn't be more pleased to have him on board to lead this integral service delivery platform in Southern California. The addition of Jay to Avison Young is a huge step in our ability to provide high, value-added service to our clients."
At Avison Young, Maddox and his team will provide hands-on strategic leadership to help clients tackle major challenges that have significant financial consequences, such as future business transition and succession planning; recapitalizations, liquidity events, financing for major projects or acquisitions; financial restructuring and bankruptcy; and resolving partnership, family and lender conflicts and litigation.
Maddox brings 30 years of real estate and corporate financing experience to Avison Young. His expertise spans all types of financing, from senior debt to mezzanine to equity, as well as most types of commercial and residential properties, in both healthy and distressed markets. While at Kibel Green, a highly regarded financial advisory and consulting firm specializing in corporate turnarounds and restructuring, Maddox led dozens of financial advisory engagements involving more than $2.3 billion of commercial and residential real estate. During his career, he has also provided expert witness testimony and litigation support on a variety of commercial real estate finance matters, in both federal and state courts.
Previously, Maddox held senior positions with major firms, including Citicorp, Weyerhaeuser Mortgage, ARCS Commercial Mortgage (now PNC Real Estate) and Gramercy Capital. As co-Principal of Private Equity Partners, LLC, he also provided financial and strategic leadership to several start-up and emerging growth technology companies.
Maddox is a sustaining board member of the UCLA Ziman Center for Real Estate, has participated as a speaker at many industry events, and has served as a guest lecturer at both UCLA Anderson School of Management and UCLA School of Law. He is past co-chair of the annual Crocker Symposium (hosted jointly by the Los Angeles County Bar Association and the Ziman Center); member of the American Bankruptcy Institute; and co-founder and past President of ARIA!, a non-profit in support of the Los Angeles Opera. Maddox holds a Master of Business Administration from UCLA's Anderson School of Management and a Bachelor of Arts in economics from Claremont McKenna College.
"I am very excited to join the Avison Young family. I was most attracted to the firm's culture, which places a high emphasis on honesty and integrity while fostering a Principal-led, collaborative partnership that is unique in the real estate industry," states Maddox.
"Avison Young has made impressive strides in the United States, selectively recruiting top-notch professionals and building a strong brand name and reputation in the process. The company's broad national services platform will benefit my clients, while also providing me with a unique opportunity to expand relationships with the firm's existing clients by delivering best-in-class strategic advisory services locally, nationally and internationally in consultation with my new colleagues here in Southern California, the U.S., Canada and in the U.K.," he says.
Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,600 real estate professionals in 59 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.
• Editors/Reporters: please click on link to view and download photo of James Maddox
For further information/comment/photos:
• Sherry Quan, Principal, National Director of Communications & Media Relations, Avison Young: 604.647.5098; cell: 604.726.0959
• Christopher Cooper, Principal and Managing Director, Southern California, Avison Young: 213.935.7435
• James Maddox, Principal, Avison Young: 424.257.6471
Avison Young was a winner of Canada's Best Managed Companies program in 2011 and 2012 and requalified in 2013 to maintain its status as a Best Managed company.
Follow Avison Young on Twitter:
For industry news, press releases and market reports: www.twitter.com/avisonyoung
For Avison Young listings and deals: www.twitter.com/AYListingsDeals
Follow Avison Young Bloggers: http://blog.avisonyoung.com
Follow Avison Young on LinkedIn: http://www.linkedin.com/company/avison-young-commercial-real-estate
SOURCE: Avison Young Commercial Real Estate (BC)
For further information: Media Relations: Sherry Quan, 604.647.5098 or 604.726.0959, email@example.com