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MATTHEWS™ LAUNCHES NEW DIVISION

LOS ANGELES, CA (Business Wire) — Matthews Real Estate Investment Services™ has announced the launch of Matthews Asset Services (MAS), a new division devoted to applying  commercial real estate value creation and preservation strategies to the property operation challenges faced by real estate owners.

Over the past decade, Matthews™ has built a dynamic platform for investment sales, and that focus led to the creation of MAS, a frontward facing and innovative division within the company. MAS will work in partnership with owners to create solutions for optimizing property operations and management.

“This new division will thoughtfully and resourcefully reimagine and manage assets to assist clients in identifying opportunities for value creation within their existing portfolios in addition to preserving that new found equity through best in class day to day operations” said Kyle Matthews, Chairman and CEO. “We’ve assisted clients with optimizing their commercial real estate portfolios in all facets of the transactional spectrum and creating MAS will transform those relationships by offering more comprehensive services to new and existing clients.”

Tim Woods is set to head the new division as National Director of Asset Services and has previously managed over  1.6 million square feet of office, industrial, and retail space for Colliers International. “It is extremely exciting to see the continued growth and expansion of Matthews™” Woods said. “The results we have been able to produce for our clients and the desire to provide fully integrated real estate services has created a great opportunity to provide third-party management and advisory services for real estate owners.”

Assisting Tim with the new expansion as the Director of Asset Services is Minnie Allison, whose business background consists of Fortune 500 companies including J.P. Morgan and Goldman Sachs. “I am thrilled to be a part of a firm that is immensely passionate about real estate and heavily focused on connecting clients with the technology and service needed to meet their investment goals.” Allison said. “To extend these core values into asset services not only deepens the relationship with our current clients, but allows us to expand our reach in the marketplace.”

About Matthews Real Estate Investment Services:

Matthews Real Estate Investment Services is the nation’s fastest growing commercial real estate firm, ranked #1 in annual sales per agent and recognized as an industry leader in shopping center, STNL, Multifamily, portfolio disposition and 1031 Exchange transactions. The firm is headquartered in El Segundo, CA and serves clients throughout the United States and Canada. For more information, please visit www.matthews.com.

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PRESS CONTACTS

Cat Ray

(310) 955-1776

cat.ray@matthews.com

Hana Cookson

(310) 955-1780

hana.cookson@matthews.com

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