Avison Young has bolstered its executive bench in the nation’s capital with the appointment of a new principal and managing director.
Jordan Lovett’s tenure with the international real estate adviser began on May 19, where he will focus on growing the firm's market share, as well as business development and ensuring operational efficiency in Ottawa.
“What sets him apart in our industry is his sophisticated background in finance,” Mark Fieder, principal and president of Avison Young in Canada, said in a statement. “As a former commercial banker specializing in complex financing programs, [Lovett] brings a unique skill set that will serve Avison Young well in Ottawa."
Lovett will oversee a multidisciplinary team with an emphasis on expanding its presence in the city, talent recruitment and retention and supporting Avison Young’s clients.
Before joining Avison Young, Lovett spent nearly eight years with Colliers, first as a senior analyst before becoming vice president. At Colliers, Lovett specialized in capital markets, the multifamily segment of the market, land development, and valuations, with a total sales volume of over $600 million.
Before his career in the real estate industry, Lovett managed a large loan portfolio as a commercial banker, where he structured the capital stack for real estate purchases and corporate mergers and acquisitions.
Avison Young said it’s banking on Lovett’s lending experience to help clients with financing options for alternative assets.