Friday, May 24, 2024 May 24, 2024
80° F Dallas, TX
Advertisement
Business

Conversation With: Steve Everbach, Colliers International

Last week, Steve Everbach was named Central region president for Colliers International. In this newly created position, he’ll oversee operations in Dallas-Fort Worth, as well as targeted growth markets like Chicago, Detroit, St. Louis, Indianapolis, and Kansas City.
|
Craig Robinson, U.S. president of Colliers International, and new Central region president Steve Everbach.
Craig Robinson, U.S. president of Colliers International, and new Central region president Steve Everbach.

Last week, Steve Everbach was named Central region president for Colliers International. In this newly created position, he’ll oversee operations in Dallas-Fort Worth, as well as targeted growth markets like Chicago, Detroit, St. Louis, Indianapolis, and Kansas City.

Everbach joins Colliers from Cushman & Wakefield, where he served as North Texas market leader since 2012. D Real Estate Daily caught up with him to talk about his career move, which becomes official Dec. 14.

D Real Estate Daily: What was it about the Colliers opportunity that appealed to you?

Steve Everbach: It’s an opportunity to join a premier global real estate advisory firm with a strong focus on growth. It’s a unique company; it has a very entrepreneurial spirit but it’s also a global company. Colliers has superb leadership, and I’ll be part of the executive committee guiding growth for the U.S. The chance to help accelerate growth in great markets was also very attractive. It was a really good fit at this point in my career—a wonderful fit.

DRED: It’s a big job.

Everbach: Yes, it’s a big job, but I’ve always loved a challenge. I also consider myself more of a builder than a run-in-place type of manager. It’s my personality to build and strategize and recruit and grow. This is a phenomenal opportunity to do that, and I’m really excited.

DRED: So what’s your first order of business?

Everbach: On a cursory level, what I’m going to focus on right now is understanding Colliers’ business and clients and their needs. It’s a global company that has had tremendous growth in the U.S. We just made two acquisitions, one with the largest real estate company in Indianapolis, which just closed last week (Summit Realty Group; see additional details here), and one in September—a former Cushman & Wakefield affiliate (Gateway Commercial; see more info here).  They’re both highly respected, formidable organizations in the Midwest and in my region, which goes from Texas to Chicago and includes Detroit, Indianapolis, Kansas City,  and St. Louis.

I feel very energized. As I mentioned, I’m more of a builder and a strategy guy. I love sitting down with teammates to figure out solutions. This position gives me the opportunity to organize services around the clients, with a major focus on growth. Real estate is as competitive an industry as there is, and you have to provide professionals with resources, whether that’s technology or marketing or financial analytics, and the right culture for them where they feel excited about coming to work. My goal is to help create a fun, collegial environment that’s attractive to the top professionals in the industry—a team-oriented culture and one that’s very collaborative.

So, that’s the initial focus … understanding the business, our clients, and our people.

DRED: Looking ahead, and keeping it local, what’s your take on how the North Texas commercial real estate market will perform in 2016?

Everbach: The office fundamentals are the best I’ve seen in my career, with limited supply coming on. That is something we will watch closely; supply is pretty constrained. All the activity on the multifamily side might cause one to pause, and industrial, too, but we have seen good absorption to date. At some point, though, the rate of growth has to slow. I’m feeling good about 2016 and think we will see growth, but I think the brakes are going to start being tapped on the rate of growth.

Advertisement