The New York office of Cresa announced that Peter P. Kozel, PhD, a 30-year veteran of the real estate industry and an accomplished research analyst, has joined the firm as principal and director of consulting services.
He will be tasked with building a stronger interaction between the firm's consulting groups and its brokerage teams to deliver best-in-kind solutions.
Dr. Kozel comes to Cresa New York from Colliers International, where he was responsible for property, regional and capital market analysis and for the management of consulting-related activities.
Dr. Kozel's work background prior to Colliers International includes leading research and consulting activities at Newmark Grubb Knight Frank; analyzing commercial mortgage-backed securities at GMAC Commercial Mortgage; developing rating methodology in the structured finance department at Standard & Poor's and working with several large commercial banks in their asset allocation, including real estate lending.
Over the years, Dr. Kozel has also been active in a number of professional associations, including: Pension Real Estate Association, National Council of Real Estate Investment Fiduciaries, and Commercial Real Estate Finance Council.
He has an undergraduate degree from Harvard, an MBA from Wharton and a Ph.D. from the Massachusetts Institute of Technology and was on the faculty of Trinity College, Babson College and Harvard College.