LOS ANGELES--(BUSINESS WIRE)--Lee & Associates, one of the nation’s largest broker-owned commercial real estate firms, has named Jeffrey M. Rinkov CEO and chairman of the board. Rinkov, an 18 year industry veteran who has served in Lee Leadership positions for nine years, was officially named CEO and chairman following a vote by the board of directors and the firm’s 41 presidents.
“During my interim role as president, there was careful thought by the board and presidents on how we as a company should move forward with the leadership position,” said Rinkov, who noted that the search was not only internal but external as well. “After numerous meetings and feedback from the board, presidents and brokers, it was determined that my tenure and skillset was best suited for the position, which I was honored to accept.”
Since Bill Lee founded Lee & Associates in 1979, the firm has expanded from one office in Irvine, Calif. that included seven brokers, to 49 offices nationwide with more than 750 agents. Each office is managed by its president and managing partners. A board of directors elected from the firm’s presidents and managing partners are responsible for setting policy and shaping Lee’s strategic direction.
“In the last 35 years Lee has grown from a small group of Southern California industrial brokerage offices to a nationally ranked full-service brokerage firm,” said Lee. “Jeff is the perfect match for this job and he has a keen sense of what makes Lee stand out. There is no doubt that part of our continued success is the company’s unique business model as a broker-owned platform, which will remain the core foundation of Lee & Associates.”
In November, Rinkov assumed the duties of Edward J. Indvik, who served as chief executive officer from May of 2011 to November of 2013. Rinkov has been with Lee since 1997, and was largely instrumental in the firm’s development of technology and communications infrastructure as a member of the board.
“I, and the board of directors, remain committed to a select number of goals that will enhance our ability to service our clients nationwide. Items on the top of the agenda are our continued efforts in office expansion, broker recruitment and special services development, which are key to our national strategy,” said Rinkov. “In addition, we will be focused on empowering our agents and arming them with enhanced marketing materials and methods.”
With administrative offices in Southern California, Lee offers a broad range of commercial real estate services, specializing in the sale and leasing of office, industrial, retail, commercial, multifamily investment, land developments and appraisal and valuation.
About Lee & Associates
Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.