KBS, a private equity real estate company and sponsor of non-traded direct investment programs, has appointed Brent Carroll and Giovanni Cordoves as co-directors of asset management.
In their new roles, they will be responsible for the overall strategic asset management and leasing direction of KBS assets. Their additional responsibilities include portfolio-wide guidance related to third-party consultants, property tax consulting, and property-level legal and construction management experts.
“Brent and Gio’s combined leadership will bring a fresh perspective to the position, create a collaborative environment to share best practices and ideas to benefit the entire group and make KBS an even more successful company,” added Ken Robertson, regional president at KBS Realty Advisors. “These guys showcase an entrepreneurial mindset in a large company and have become core to our asset management team with their ability to develop and execute on strategic deals for KBS.”
Carroll served as a senior vice president and asset manager for KBS, responsible for the performance and acquisitions of assets in the Bay Area of Northern California. Prior to joining KBS, he spent 11 years with Atlanta-based Industrial Developments International, a full-service commercial real estate company focused exclusively on industrial properties. Carroll graduated from the University of Southern California with a bachelor’s degree in business administration.
Cordoves, who joined KBS in 2004, served as a senior vice president and asset manager for the Houston, Austin, San Antonio, and Minneapolis markets. Prior to KBS, he was a senior associate at Ernst & Young LLP for three years where he provided a variety of professional services for several Southern California real estate firms, including KBS. Cordoves received a master’s degree in accounting from the University of Notre Dame and undergraduate degree in business administration at University of Southern California.
KBS is a private equity real estate company and an SEC-registered investment adviser founded in 1992. Since inception, KBS-affiliated companies have completed transactional activity in excess of $38 billion via 16 separate accounts and six commingled funds, for government and corporate pension funds. Additionally, KBS has sponsored five sovereign wealth funds and seven non-traded REITs.