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Colliers International adds multifamily investment veterans to its Houston office

Chip Nash, Todd Stewart, and Bob Heard strengthen capital markets & investment services group focusing on multifamily properties

   

Colliers Multifamily Team 2020

Colliers International is strengthening their multifamily investment properties team in Houston with the addition of veteran experts -- Chip Nash, Todd Stewart and Bob Heard, as senior vice presidents and directors of multifamily investment properties. These prominent Houston brokers will be joining Senior Managing Director Multifamily Teresa Lowery and Associate Jim Humphries, to grow the company’s investment sales and capital markets services group with a focus on multifamily properties.

“Chip, Todd and Bob are three of the most experienced multifamily investment brokers in Houston. They bring long-standing private capital expertise and institutional client relationships in the multifamily market,” said Colliers Houston President, Patrick Duffy. “We are thrilled to add such a deep bench to our team and look forward to working with them. They are a great addition to our Colliers Houston family.”

Before joining Colliers, Nash was a Managing Director for JLL focusing exclusively on private capital investment sales of multifamily properties. Previous to JLL, Nash held positions at Berkadia, Hendricks and Partners, and Pinnacle International Realty Group. He has negotiated hundreds of transactions encompassing a 25+ year track record in investment sales along with a previous number of years spent in the commercial banking business.

Stewart brings more than 30 years of experience representing pension funds, REITs, insurance companies and banks in multifamily sales transactions. Over his career, he negotiated more than 500 multifamily transactions, totaling 150,000 units, and more than $12 billion in aggregate value. Stewart was previously a Managing Director at JLL, a Senior Managing Director with HFF and an Executive Vice President with CBRE. He was a co-head of the Multi Housing teams at all three firms. 

Heard, who was previously a Vice President at JLL and Senior Director at Berkadia, will accompany Nash and Stewart to Colliers. Heard brings 12 years of commercial real estate experience, focusing on multifamily investment sales. He is a graduate of The University of Texas at Austin.

With more than 70 years of combined multifamily investment experience, Chip Nash, Todd Stewart and Bob Heard will provide a laser-focused, specialized approach to support portfolio objectives for their clients.

According to data provided by RealPage, Inc., Houston’s overall multifamily occupancy rate was 92.9% at the end of Q2 2020. Annual deliveries as of mid-year 2020 totaled 13,699 units, the second highest delivery total in the top 50 U.S. markets, trailing only Dallas.

 

Chip Nash  


Chip Nash

Senior Vice President | Houston
Director, Multifamily Investment Properties
Capital Markets & Investment Services
Direct +1 713 830 2170
chip.nash@colliers.com

 Todd Stewart  


Todd Stewart

Senior Vice President | Houston
Director, Multifamily Investment Properties
Capital Markets & Investment Services
Direct +1 713 830 2126
todd.stewart@colliers.com

     
 Bob Heard   Bob Heard

Senior Vice President | Houston
Director, Multifamily Investment Properties
Capital Markets & Investment Services
Direct +1 713 830 2172
bob.heard@colliers.com