Lovell, Maden, and Smith aim to broaden Gordon Brothers' services in the region.
Global real estate asset manager Gordon Brothers has hired away three Avison Young executives to help it grow its real estate services practice in Europe, the Middle East, and Africa.
Now leading the unit will be Ben Lovell as senior director, a 26-year Avison Young veteran who was a principal in the Toronto-based real estate services company and provided valuation and strategic property advice to corporate banking clients and insolvency practitioners.
He will be joined on the Gordon Brothers EMEA team by Daniel Smith and Richard Maden, who served as directors of valuation at Avison Young.
“We are excited to join Gordon Brothers and bring the breadth and depth of our real estate expertise to clients in EMEA,” said Lovell in a press release announcing the hires. “We look forward to partnering with the wider team across the firm’s existing capabilities in asset services, lending, and trading to provide solutions that minimize risk and maximize opportunity.”
Boston-based Gordon Brothers, which maintains more than 30 offices worldwide, has charged the new hires with positioning its EMEA team as a one-stop asset solution provider for recovery and restructuring clients.
“We are thrilled to welcome this exceptional team of real estate asset experts to the firm,” said Mark Newton-Jones, head of Europe, the Middle East, and Africa at Gordon Brothers. “Launching a real estate services practice in EMEA is a natural extension of the successful model already established for clients in the U.S. and strengthens our position as the leading global asset experts.”
The additions of Lovell, Smith, and Madden, noted the company’s release, will enable it to widen its services in the region in areas that range from plant and machinery to inventory, marine, transport, receivables, and intellectual property.
Lovell is a registered valuer and fixed charge receiver of the Royal Institution of Chartered Surveyors and is a member of the Non-Administrative Receivers Association.