Hahn is being joined by Jeffrey Sherman and Trevor Koskovich, senior associates and marketing coordinator Matthew Covarrubias. "The main reason for joining Colliers is that my team is dealing with a lot of lenders right now," Hahn tells GlobeSt.com. "We really felt Colliers had a great national presence, national name recognition and great marketing tools for doing deals on a national level."
He explains that the first wave of foreclosed properties his team has been dealing with include the smaller, lower-quality assets, mainly acquired with private capital. However, with this particular product type cleared from the books, "there will be larger, higher-quality properties that need to be dealt with, and we'll be handling those, too," Hahn remarks. He predicts that the A- and B-quality assets will hit the market in early 2010, and will continue coming to market well into 2011.
Colliers managing director-Phoenix Region Bob Mulhern tells GlobeSt.com that Hahn's team won't be conflicting in any way with the multifamily personnel already on board. Hahn's strong history with private capital buyers and sellers is a complement, not a conflict, he says.
"They approached me, as a number of people did when I first came to Colliers earlier this year," Mulhern explains. "In Bills case, a larger conversation ensued, and that eventually led to them coming over." Mulhern says he's still on the lookout for what he calls "strong professionals," in a variety of areas, such as institutional sales for non-multifamily properties.
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