CPE Announces the 2018 Executives of the Year

Now in its 22nd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here's what made the winners stand out.

The editors of Commercial Property Executive are delighted to present the winners of the 22nd annual CPE Executive of the Year Awards, a program that recognizes commercial real estate’s top achievers in all of the industry’s main business lines, from investment and development to finance and advisory services. Awarded in two categories—first place and honorable mention—winners were chosen by a confidential vote of their peers among our volunteer advisory board of industry leaders.

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We congratulate all of the distinguished executives who led their firms against a backdrop of relentless change in 2018, including increased use of technology in operations and transactions, the emergence of the gig economy, shifts in office consumption and function, and the morphing of demographics to include, simultaneously, significantly larger numbers of college students and people hitting 65. A flattening yield curve, tax reform, Brexit and the possibility of U.S. trade tariffs also fueled the need for savvy executives who are agile and quick to adapt.

This list showcases the top executives of 2018, who have been singled out by peers, clients and employees for outstanding performances that have resulted in historic developments, landmark deals and record-breaking transactions. Not only do these women and men serve their shareholders and investors through vision and leadership but they give back to the communities where they do business through their commitments to sustainability, affordable housing preservation, workplace inclusivity and local charities.

Read about the latest accomplishments of each of the first place winners.

Read about the latest accomplishments of each of the honorable mentions.

Executive of the Year

FIRST PLACE:
Brian Kingston, Senior Managing Partner, Brookfield Property Group, and CEO, Brookfield Property Partners

HONORABLE MENTION:
Debra Cafaro, Chairman & CEO, Ventas Inc.
Daryl Carter, Chairman & CEO, Avanath Capital Management

Lifetime Achievement

Larry Silverstein, Owner, Silverstein Properties

Investor of the Year

FIRST PLACE:
Brian Kingston, Senior Managing Partner, Brookfield Property Group, and CEO, Brookfield Property Partners

HONORABLE MENTION:
David Gilbert, CEO & Chief Investment Officer, Clarion Partners
Richard Saltzman, Chairman, Colony Credit Real Estate & Northstar Realty Europe

Developer of the Year

FIRST PLACE:
Jeff Blau, CEO, The Related Cos.

HONORABLE MENTION:
Jeffrey Hines, President & CEO, Hines
David Weinreb, CEO & Member of the Board of Directors, Howard Hughes Corp.

Service Executive of the Year

FIRST PLACE:
Hessam Nadji, President & CEO, Marcus & Millichap

HONORABLE MENTION:
Bob Sulentic, President & CEO, CBRE Inc.

Financier of the Year

FIRST PLACE:
Joe Thornton Jr., President, HFF Inc., and Executive Managing Director, HFF LP

HONORABLE MENTION:
Jeff Friedman, Co-Founder, Mesa West Capital
Angela Mago, Head, KeyBank Real Estate Capital

Office Property Executive of the Year

FIRST PLACE:
Brian Kingston, Senior Managing Partner & CEO, Brookfield Property Group and Brookfield Property Partners

HONORABLE MENTION:
Jeff Blau, CEO, The Related Cos.
Stephen Furnary, Equity Owner & Executive Chairman, Clarion Partners

Retail Property Executive of the Year

FIRST PLACE:
Jodie McLean, CEO, EDENS
David Simon, Chairman & CEO, Simon Property Group

HONORABLE MENTION:
Sandeep Mathrani, CEO, Brookfield Properties Retail Group, and Vice Chairman, Brookfield Properties

Hotel/Hospitality Property Executive of the Year

FIRST PLACE:
Arne Sorenson, President & CEO, Marriott International

HONORABLE MENTION:
Tyler Morse, CEO & Managing Partner, MCR Development
Christopher Nassetta, President & CEO, Hilton

Industrial Property Executive of the Year

FIRST PLACE:
Hamid Moghadam, Chairman & CEO, Prologis

HONORABLE MENTION:
Robert Chapman, CEO, CenterPoint Properties
Adon Panattoni, CEO, Panattoni Development Co.

Multifamily Property Executive of the Year

FIRST PLACE:
Bob Faith, Chairman & CEO, Greystar

HONORABLE MENTION:
Debra Cafaro, Chairman & CEO, Ventas Inc.
Daryl Carter, Chairman & CEO, Avanath Capital Management