Kozel joins Cresa NY as principal and director of consulting

Peter Kozel, PhD, a 30-year veteran of the real estate industry and an accomplished research analyst, has joined the N.Y. office of Cresa as principal and director of consulting services. Kozel comes to Cresa N.Y. from Colliers International, where he was responsible for property, regional and capital market analysis and for the management of consulting-related activities. He is a recognized leader in the implementation of research platforms and analytical services regarding opportunities and risks associated with real estate-related assets. "Cresa N.Y.'s market share has been growing rapidly over the last few years and we've greatly increased the number of project management and consulting projects we've taken on as a direct result. Adding senior leadership to bring more cohesion between our service groups was critical at this juncture," said Mark Jaccom, president and managing principal of Cresa NY. "I know Peter will bring a new depth of knowledge and expertise to our firm as I've seen him add great value to the industry in his previous leadership roles—including the development of new research methods that produce insight regularly featured in publications ranging from The Wall Street Journal and The New York Times to influential business and real estate journals." "This position at the New York office is a wonderful opportunity to work again with Mark, as well as the accomplished team he's been building at Cresa New York," said Dr. Kozel. "Mark's concentration on developing real estate plans for Cresa clients that deliver true value to them as occupants of a space drew me to the company. The office's culture of teamwork and reputation for above and beyond tenant services is something I want to be a part of." Dr. Kozel's work background prior to Colliers International includes leading research and consulting activities at Newmark Grubb Knight Frank; analyzing commercial mortgage-backed securities at GMAC Commercial Mortgage; developing rating methodology in the structured finance department at Standard & Poor's and working with several large commercial banks in their asset allocation, including real estate lending. Over the years, Dr. Kozel has also been active in a number of professional associations, including: Pension Real Estate Association, National Council of Real Estate Investment Fiduciaries, and Commercial Real Estate Finance Council. He has an undergraduate degree from Harvard, an MBA from Wharton and a Ph.D. from the Massachusetts Institute of Technology and was on the faculty of Trinity College, Babson College and Harvard College.