Arden Karson leaves Related to join CBRE as senior managing director

Miami /
Jan.January 12, 2017 01:30 PM

After about five years at the Related Group, Arden Karson joined CBRE as senior managing director in South Florida, the brokerage announced on Thursday.

At CBRE, Karson will oversee the firm’s three South Florida offices in Miami, Fort Lauderdale and Boca Raton and its 200 employees, according to the announcement. Karson will work out of CBRE’s Miami office and report to the firm’s southeast division president John Ferguson. “My goal is to expand the office and grow the platform,” Karson told The Real Deal. 

As senior vice president at Related, Karson led sales and development of the company’s $1 billion worth of mixed-use properties, and oversaw the acquisitions, distressed debt and strategic opportunities division. She previously worked as a lender with Bank of America, as a consultant with PricewaterhouseCoopers, and as senior vice president of Advenir Real Estate, LNR, Barrow Street Capital and Lennar.

Karson is also still on the board of directors for Friends of the Underline, the nonprofit behind the 10-mile linear park and trail planned for Miami-Dade.

She’s leaving Related at a time in the real estate cycle when the developer has completed significant projects and has a handful of projects planned for delivery in 2017 – and amid a slowdown in condo sales, during which Related has shifted its focus to multifamily, mixed-use and other asset classes.

But Karson said she didn’t time her move with the real estate cycle. “I didn’t leave Related because they’re not doing a lot of projects in the future, because, frankly, I wasn’t even hired to do development,” she said, adding that she only took on development because Related “rebounded so quickly” during the last downturn.

And her position at CBRE is new. After Mary Jo Eaton was promoted from president of Florida and Latin America to Global President of Asset Services and Valuation & Advisory Services, CBRE restructured to focus more on local markets like South Florida.

“I think that at this point in my career, this is a great place for me to be,” Karson told TRD. “If you look at my resume, I really just have a very diverse background and I’ve worked on assets in all classes, office, residential, land, leasing … And I’m from south florida. I’ve worked in all three counties. It’s sort of the perfect fit.”


Related Articles

arrow_forward_ios
From left: AMLI Residential’s Gregory Mutz; Terra’s David Martin; Grand Peaks Properties’ Luke Simpson; Related’s Jorge Perez; and Grand Peaks Properties' Nick Simpson (Getty Images, AMLI, Terra, Grand Peaks Properties, Related, Corwil Architects, Arquitectonica)
Development bonanza: Four Miami projects nab approval
Development bonanza: Four Miami projects nab approval
From left: Isaac Toledano, Teddy Sagi, Jorge Pérez and Michael Masanoff with a rendering of Transit Village (Related, LinkedIn, Rendering via Arquitectonica)
Pérez and Sagi’s Transit Village in WPB advances
Pérez and Sagi’s Transit Village in WPB advances
From left: Jorge and Jon Paul Perez, Larry Krueger, Isaac Toledano and Teddy Sagi with 6 Fisher Island Drive (Getty, Google Maps, Wanxiang America, YizhakToledano.org)
Related Group, partners close on $123M Fisher Island site acquisition
Related Group, partners close on $123M Fisher Island site acquisition
Manor Broken Sound at 5400 Broken Sound Boulevard in Boca Raton, with Rockpoint’s Bill Walton, Related Group's Jon Paul Pérez and Jorge Pérez and Lincoln Property Company CEO Tim Byrne (Cushman & Wakefield, Rockpoint, Related Group, Wikipedia, Lincoln Property Group)
Lincoln Property pays $194M for newly built Boca apartments
Lincoln Property pays $194M for newly built Boca apartments
(Getty)
Here are the resi projects planned for downtown Miami
Here are the resi projects planned for downtown Miami
Yizhak Toledano and a rendering of the project at 2261 Northeast 164th Street in Miami beach (Cohen Freedman, YizhakToledano.org)
BH Group: Big investments, big partners and big mystery
BH Group: Big investments, big partners and big mystery
Related Group's Jorge Pérez and Jon Paul Pérez; rendering of the Gallery at Marti Park project (CMA Architects, Related Group, Getty)
Jorge Pérez’s Related wants to build apartments in Miami’s Little Havana
Jorge Pérez’s Related wants to build apartments in Miami’s Little Havana
Related chairman and CEO Jorge Pérez in front of 4906 North Flagler Drive (Related, Getty Images, Zillow)
Standard Oil heiress’ widower sells waterfront West Palm Beach estate to Related Group for $16M
Standard Oil heiress’ widower sells waterfront West Palm Beach estate to Related Group for $16M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...