David Preveacute Helps Guide Cresa South Florida And Nationally As Role Of Representing Realty Tenants Is Rapidly Transformed
By focusing on representing the i
By focusing on representing the interests of tenants only, Cresa South Florida Managing Principal David Prevé finds that the firm can better address client needs without conflicts.
"We are singularly focused on representing the interests of the users of space, whether it’s industrial, office, retail," he said. "We don’t represent landlords. We find it much better to work in [an] environment [that is] conflict free."
Mr. Prevé began his career in banking and finance, working for Wells Fargo and Credit Suisse. He later joined Coldwell Banker before forming his own firm, Prevé Liberatore & Barton, in 1988 with Barbara Liberatore Black and Charles Barton.
He aligned his firm with Cresa in 1993 to expand to both a national and international platform. He is one of six equal partners for the Miami office, handing the firm’s finances.
Since joining Cresa the firm has worked with many high-profile clients, particularly representing financial institutions and law firms.
The firm currently represents TotalBank and Wells Fargo, as well as some major law firms in the marketplace today.
He was instrumental in Wells Fargo relocating a portion of its operations to about 90,000 square feet at Wells Fargo Center in downtown Miami.
As the vice chairman of the board of directors for Cresa nationally, Mr. Prevé plays a key role in determining the company’s strategic planning.
Recently he was instrumental in forming an allegiance between Cresa and Savills, a global real estate services provider. This allegiance will continue to strengthen Cresa’s international presence, particularly in Asia Pacific.
With an approach to work that is based on the collaborative effort of the Cresa team, Mr. Prevé has helped create a work environment in the Miami office that values teamwork, believing that every single person in the firm contributes to the company’s success.
"I don’t think success is accomplished individually," he said. "The people supporting that person or providing even the most menial task is part of someone’s success. Without the team, without the collaboration that we do here, you’re not successful. You might [be] successful in one transaction, but you won’t maintain a relationship or partnership with your clients."
Aside from his accomplishments in the commercial real estate market, Mr. Prevé has diligently worked to help Miami’s homeless population through his work as a former chairman of the homeless committee for the Greater Miami Chamber of Commerce and a former president of Carrfour Corporation, a not-for-profit developer of supportive housing for the formerly homeless.