Kevin Maggiacomo, president and CEO of business actual property advisory agency SVN Worldwide, has died in his sleep at age 50.
Previous to his tenure at SVN, Maggiacomo had been a vice chairman at Boston-based RTE Group. He joined SVN in 2001 as a regional director earlier than being appointed CEO in 2010.
“Even at a younger age he had the flexibility to instill confidence in individuals at each stage from the receptionist to the CEO,” mentioned RTE Founder & CEO Gary Cole informed CPE. “He had the uncanny potential to be clear and set expectations with out ever being pushy. He made an ideal contribution to our firm and a fair higher one to the business as an entire.”
Magiacomo grew SVN from a nationwide agency with seven places of work to a global enterprise with greater than 200 places of work and a pair of,000 advisors in eight international locations. Right this moment, SVN manages greater than 57 million sq. ft of area and has accomplished $20.4 billion in gross sales and lease transactions. Below Maggiacomo’s management, SVN has persistently ranked amongst Business Property Government’s strongest administration and brokerage corporations. In 2016, he was was voted Business Property Government’s Government of 12 months.
Maggiacomo was recognized inside the firm for his charisma and admirable nature. “Kevin was an inspiring, visionary chief, with great vitality and contagious positivity,” mirrored Gabriel Silverstein, managing director of SVN, Institutional Capital Markets Chair. “The expansion trajectory that he led SVN by, doing so in good markets and unhealthy, is enviable.”
In keeping with Silverstein, SVN grew in 2020-2021 when many others corporations contracted. “He might be sorely missed, personally and professionally, however what he constructed will stand as his skilled legacy for a really very long time to return,” he famous.
Carol Hansen, CEO of Tatonka Training Providers, recalled Maggiacomo’s help of ladies in management and his perception within the energy created by various groups and boards. “He led by instance in the way in which he ran SVN Worldwide and infrequently shared that he noticed increased returns due to this management range,” she commented.
Maggiacomo is survived by his spouse and 5 youngsters.