Doug Andrews has worked in commercial real estate in Colorado since 1983 and has specialized in apartments and multifamily land since 1991. In the last ten years, with his partner Jeff Hawks, he has closed more than $7.4 billion in multifamily transactions, representing a list of clients that includes JPI, Equity Residential Properties Trust, AMLI Residential Trust, Blackrock, The Carmel Companies, Embrey Partners, The Morgan Group, Archstone/Smith, TIAA/CREF, Wellsford Real Properties, First Pacific, Rocky Mountain Mutual Housing, Griffis Blessing, Waterton Associates LLC, Pauls Corporation, Baron Properties, CAN Insurance, Sentinel Real Estate, Lincoln Property Company, Columbia Savings, John Hancock, Henderson Global Investors, Prudential Real Estate Investors, Goldman Sachs, RREEF, Allied Realty Services, PaineWebber Properties, Principal Insurance and Simpson Housing.
Mr. Andrews has been a member of the portfolio disposition teams for Balcor/American Express ($600 million), Archstone Communities ($650 million), Mitsui Real Estate ($225 million), and Jupiter Realty Corp. ($65.5 million).
In 2005, Doug co-founded Capital Real Estate. He is also a partner in ARA Newmark’s Denver office. ARA Newmark is a full-service investment advisory brokerage firm that focuses exclusively on the multifamily industry. He was honored as the Denver Realtor’s Investment Broker of the Year in 2000 and has been the #1 multi-housing specialist in Denver for 20 of the last 21 years. Jeff and Doug have sold more Colorado apartments than any other broker in Colorado’s history.
Prior to 1991, Mr. Andrews was president of Andrews & Company, a family held commercial real estate investment and development firm with more than $30 million in assets, including apartments, office and retail properties. Mr. Andrews is a native of Denver and a graduate of The Colorado College in Colorado Springs. He is a past president of the Rotary Club of Denver Southeast, currently serves as a director on the board of the Colorado I Have A Dream Foundation and has served as president of Apartment Realty Advisors, Inc.