The Denver office of Trammell Crow Company and High Street Residential has announced that it is expanding its team with a strategic new hire. Erik Hagevik has joined the firm as Senior Vice President and will be responsible for expanding the firm’s residential development under the High Street Residential brand in the Denver market. High Street Residential is the residential subsidiary of Trammell Crow Company.
“We are thrilled to welcome Erik to the Trammell Crow Company and High Street Residential Denver team. His experience as a real estate developer is impressive, having worked in the industry for nearly two decades, focused on multifamily development. His depth of expertise will be an incredible asset to our team,” said Bill Mosher, Senior Managing Director of the Trammell Crow Company and High Street Residential Denver office.
Hagevik is an experienced real estate development professional who has successfully sourced and closed multiple complex investments across various product types, including land, apartments and mixed-use properties. He has extensive acquisition and development experience, including construction/redevelopment in excess of 19,000 apartment units valued at over $3 billion. His knowledge and experience in the development of multiple types of multifamily designs provides increased value for each specific real estate development opportunity.
In his new role, Hagevik will be focused growing High Street Residential, joining the firm from Sares-Regis Group, where he served as Senior Vice President. Prior to that, he spent seven years as COO of Development for Holland Partner Group, where he was responsible for completing projects that include the Platform Building at Denver Union Station; Belleview Station; and Lincoln Station Apartments – each a significant transit-oriented multifamily development in metro Denver.
Hagevik earned a Bachelor of Science in Business Administration with an emphasis in Finance and Real Estate Development from the University of Denver.
About
High Street Residential
High
Street Residential, a wholly-owned operating subsidiary of Trammell Crow
Company, specializes in the development of multifamily housing. We have a deep
background in urban, infill mixed-use residential development, as well as the
redevelopment or repurposing of existing facilities. In the last 15 years, the
firm has completed over $1.3 billion in projects with a current pipeline of
nearly 3,500 units.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).
