Management Team

CRE's management team brings to the table a wealth of experience in the multihousing industry. Doug Andrews is a leading apartment broker, and has been a distinguished industry veteran for over 3 decades. The CRE team offers extensive experience in sourcing acquisitions and due diligence, as well as providing effective asset management and accounting to optimize the upside potential on each individual property.


Doug Andrews, Principal

Doug Andrews has worked in commercial real estate in Colorado since 1983 and has specialized in apartments and multifamily land since 1991. In the last ten years, with his partner Jeff Hawks, he has closed more than $7.4 billion in multifamily transactions, representing a list of clients that includes JPI, Equity Residential Properties Trust, AMLI Residential Trust, Blackrock, The Carmel Companies, Embrey Partners, The Morgan Group, Archstone/Smith, TIAA/CREF, Wellsford Real Properties, First Pacific, Rocky Mountain Mutual Housing, Griffis Blessing, Waterton Associates LLC, Pauls Corporation, Baron Properties, CAN Insurance, Sentinel Real Estate, Lincoln Property Company, Columbia Savings, John Hancock, Henderson Global Investors, Prudential Real Estate Investors, Goldman Sachs, RREEF, Allied Realty Services, PaineWebber Properties, Principal Insurance and Simpson Housing. Mr. Andrews has been a member of the portfolio disposition teams for Balcor/American Express ($600 million), Archstone Communities ($650 million), Mitsui Real Estate ($225 million), and Jupiter Realty Corp. ($65.5 million).

In 2005, Doug co-founded Capital Real Estate. He is also a partner in ARA Newmark’s Denver office. ARA Newmark is a full-service investment advisory brokerage firm that focuses exclusively on the multifamily industry. He was honored as the Denver Realtor’s Investment Broker of the Year in 2000 and has been the #1 multi-housing specialist in Denver for 20 of the last 21 years. Jeff and Doug have sold more Colorado apartments than any other broker in Colorado’s history.

Prior to 1991, Mr. Andrews was president of Andrews & Company, a family held commercial real estate investment and development firm with more than $30 million in assets, including apartments, office and retail properties. Mr. Andrews is a native of Denver and a graduate of The Colorado College in Colorado Springs. He is a past president of the Rotary Club of Denver Southeast, currently serves as a director on the board of the Colorado I Have A Dream Foundation and has served as president of Apartment Realty Advisors, Inc.


Dave Osborne, Director of Private Equity

Mr. Osborne serves as Capital Real Estate’s Director of Private Equity. His responsibilities include procurement of equity through high net worth individuals, wealth managers, and family offices. He also assists with investor relationships and fulfilling the needs of current and future investors. Previously, Mr. Osborne procured over 6.5 million square feet of agency business and negotiated leases and sales in excess of 2 million square feet during his 10 years with Cushman & Wakefield. He oversaw hundreds of transactions totaling over $1 billion in asset value during his 10 years as Director of Management Services with Grubb & Ellis and as Regional Manager with Marcus & Millichap. As Director of SV Capital, Mr. Osborne was responsible for procurement of over $100 million in equity and $200 million in debt financing. This capital has been distributed through a number of SV resort projects totaling over $1.5 billion in asset value.

Mr. Osborne is a licensed Colorado Real Estate Broker and a member of NAIOP, ULI, and NACOR. He is also involved with the Denver Chamber of Commerce Business Leaders & CEO Exchange, as well as the Mile High Unit of the American Cancer Society Board of Directors.


Jason Wine, Director of Acquisitions

Jason Wine serves Capital Real Estate as Director of Acquisitions. In this capacity he is responsible for asset acquisitions, market underwriting, transaction / due diligence management and business development. His 21-year multifamily career has given him extensive experience and a broad perspective including property management, development, investment and multi-family brokerage.

Mr. Wine came to CRE after serving as Associate Broker with an institutional sales team on a national brokerage platform. In this capacity Mr. Wine worked on a broad range of apartment sale transactions including institutional income, value-add, development equity raises, construction project / pre-lease sales, HUD and/or bond financing, broken condo deals, GP buy outs and ownership entity transfers. Total deal volume during this 7 year period was approximately $2.5 billion in investment sales and transaction management.

Jason graduated from the University of Colorado with a Bachelor’s Degree in Economics and in 2006 received a Master’s of Science from Denver University’s Real Estate and Construction Management program. Jason is a licensed Colorado Real Estate Broker and a fourth generation Colorado Native.




 
CRE professionals have been involved in the acquisition, disposition or brokerage of over $8 billion in multifamily properties.