CBRE named Michael J. Lafitte chief operating officer of the firm, effective February 14, 2013. He will oversee the company’s geographically organized service businesses (Americas, EMEA and APAC), its globally organized service lines (global transaction services, global corporate services, asset services and valuation) and operational services.
Lafitte was named global president, CBRE Services last July. He also served as president of the Americas, managing a business with more than $3 billion of annual revenue and more than 20,000 workers from August 2009 to July 2012, and was president of CBRE’s Institutional & Corporate Services business beginning in December 2006.
Lafitte joined the commercial real estate
industry in 1984 when he was hired by the Dallas office of Lincoln Property Co. After serving in different roles in several companies, he began his tenure at Trammell Crow Co. in 1997. He was appointed COO of Global Services beginning in September 2002 and eventually named president, global services from June 2003 until CBRE’s purchase of the organization in December 2006.