Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-After months of pulling together the team, GVA Cawley is ready to hit the streets with a six-member investment sales division with a two-year employee at the helm as managing director.

David Shaffer will lead the latest initiative for GVA Cawley, a Dallas-based firm that’s been rapidly making changes since it became a GVA affiliate at the beginning of this year. The investment sales group also consists of Jay Reinke, Aline Leslie, Albert Hernandez, Kevin Ward and Phillip Yarbrough. Four more brokers will be hired by year’s end, Shaffer says.

Ran Holman, managing partner of GVA Cawley, says planning began about seven months ago. “We really wanted to branch out so we decided to build a division around him,” he tells GlobeSt.com. Shaffer, whose forte is multifamily asset sales, also will oversee retail and office transactions. Industrial sales will remain part of managing partner and principal Terry Darrow’s territory.

Holman says the play targets private capital investors. “It requires a lot of shoe leather, but if you’re aggressive and smart, there’s some market share to be gained,” he says.

Shaffer, promoted from director, says the team’s first Dallas/Fort Worth sales–one office building and two multifamily complexes–will close in 30 to 60 days. He’s got eight listings in hand and four more on the horizon. He says the annual goal is to secure 20 to 25 listings per year and close them. “We plan on closing everything we get,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.