HREC Investment Advisors expanded its brokerage platform with the hire of hospitality and casino real estate expert Joshua Smith as a SVP in a newly opened brokerage office in Las Vegas.
Photo credit: HREC
Smith brings more than 20 years of transactional property experience in the lodging and gaming arenas to HREC. During his career he gained hospitality-specific real estate skills in acquisitions, disposition and development. Smith has served as an advisor on more than 250 hospitality and gaming assignments totaling over $20 billion in volume and valuation.
“We are thrilled to have Mr. Smith join Team HREC and expand our national platform with an office in Las Vegas,” Mike Cahill, CEO and founder of HREC, said in a statement. “Josh knows the hotel and gaming markets intimately."
Prior to joining HREC Investment Advisors, Smith led the creation of the hospitality division at Sun Commercial Real Estate. He played a role in founding the Colliers International Gaming Group and acted as an advisor to several global and local hospitality and gaming companies. Smith spent seven years with CBRE, where he spearheaded the growth and integration of the Valuation and Advisory Services gaming practice with the Global Gaming Group in Las Vegas. Smith was an intern with HREC in 2003-2004 when earning his masters in real estate.
Smith is involved in the Las Vegas community, specifically education and various hotel programs. He has served on the Real Estate Investment Management Advisory Council at MSU’s School of Hospitality since 2005. He has guest lectured at Michigan State University and UNLV. Smith is a graduate of The School of Hospitality Business, Eli Broad College of Business at Michigan State University and holds a masters degree in real estate finance and construction from at the Franklin L. Burns School of Real Estate at the University of Denver. Smith was a Top Producer at CBRE in 2009, VEGASINC “40 under 40” in 2013 and one of The School of Hospitality Business Distinguished 75th Anniversary Year Alumni recipients.