DALLAS--(BUSINESS WIRE)--Endeavor Real Estate, an Austin-based real estate firm with $5.4 billion in real estate assets, today announced the hiring of Andrew S. Levy as Managing Principal. Levy will be based in Dallas, where he will focus on office acquisitions for Endeavor throughout the Sunbelt Region.
“We are thrilled to announce the hiring of Andrew Levy as Managing Principal,” said Jamil Alam, Managing Principal of Endeavor. “We’ve known Andrew personally and professionally for more than 30 years. While comparing notes on US office fundamentals and return-to-work dynamics, Andrew and Endeavor concluded that we shared our conviction around the profile of office buildings that we believe will generate outsized risk-adjusted returns during this market dislocation. The opportunity to hire a talent of Andrew’s caliber and focus on Endeavor office acquisitions across an expanded Sunbelt geographical footprint was too great to pass up.”
Alam continued, “Andrew’s relationships with capital sources and his knowledge of Sunbelt office assets are a rare combination that we expect will deliver immediate results for Endeavor, our investors, and partners.”
“The opportunity to work with the team at Endeavor was not one I could turn down,” said Levy. “I’m excited to lead the expansion of office acquisitions for Endeavor into new territories. While the post-COVID return-to-work story continues to play out, Endeavor and I both believe there are exemplary opportunities to find office assets that will thrive. We intend to aggressively seek out assets that are positioned for success in the new office landscape.”
Alam added, “Endeavor will focus on particular Sunbelt markets, and will continue to partner with existing and new, like-minded capital partners to lean-in to strategic office acquisitions.”
Before joining Endeavor, Levy spent the last twenty years as Senior Managing Director and co-head of the Dallas office of JLL Capital Markets, Americas, and HFF prior to its acquisition by JLL. Levy will be winding down affairs at JLL through the end of the year and will start his new role at Endeavor in January 2025.
In total, Levy has more than 30 years of investment advisory experience and has completed in excess of $25 billion in commercial real estate transactions. He has worked on some of the largest office and mixed-use sales in the Sunbelt in recent years, including major office transactions in Dallas, Austin, San Antonio, Atlanta, Nashville, and New Orleans.
For more information on Endeavor, visit: https://www.endeavor-re.com/
