According to Stath Karras, Cushman & Wakefield’sexecutive managing director of national investmentsales―who also oversees the Cushman & Wakefieldresolution group―the company chose Johnson for the newposition on the basis of his experience in all facets of realestate development, management, leasing and sales processes. Beforehis position as senior managing director of Cushman &Wakefield’s North San Diego County and Riverside Countyoperations, Johnson was in charge of those operations for BurnhamReal Estate before its acquisition by Cushman & Wakefield inearly 2008. His previous experience also includes serving as seniorvice president of Trammell Crow Co. in Southern California, wherehe was responsible for a 38-million-square-foot investmentportfolio and six-million-square-foot corporate facility portfolio.His career also includes 14 years with CB Richard Ellis, whereserved as regional manager of its Mountain Region in Denver;executive managing director of its Western Division, Newport Beach;and later as executive managing director of its Eastern Division,Washington DC.

Karras notes that Cushman & Wakefield, through itsresolution group, provides owners and lenders of distressedcommercial real estate assets with services designed to stabilizeproperty performance, enhance value and maximize recovery. TheCushman & Wakefield distressed assets and receivership servicesgroup operates with the company’s resolution,receivership and capital markets platforms, which are designed toaddress the challenges that owners, investors and lenders face "asthe nation’s mortgage crisis extends to the commercialreal estate sector," the company says. It calls the effort "aone-stop, fully-integrated resource for receivership, propertymanagement, and transaction and disposition services."

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