BBK Welcomes New Hire To Expand National Real Estate Practice and Lead Los Angeles Office

LOS ANGELES, June 15 /PRNewswire/ -- BBK, a leading international business advisory firm providing financial, strategic and operational services for a wide range of clients on a global scale, proudly welcomes Richard Hollowell who has joined as managing director and national real estate practice lead. In addition, Hollowell will serve as the head of BBK's Los Angeles office. Hollowell's nationally recognized work and years of expertise prove the perfect match to bolster BBK's commitment of providing the best possible services to its clients.

"We are all thrilled to welcome Richard to our team as he steps into his new role leading the Los Angeles office," said William G. Diehl, president and CEO of BBK. "His leadership ability and renowned success will enable us to expand our real estate capabilities globally, while strengthening the services we provide to help our clients maximize property value. In today's volatile real estate market, clients can look to Hollowell's steady counsel and extensive knowledge of the industry for a superior advising experience."

Hollowell brings to BBK more than 35 years of experience, specializing in evaluation, management and disposition of real estate-related assets. His nationally recognized work includes providing counsel to FDIC-insured banks, thrifts, pension funds, insurance companies, and federal agencies.

Hollowell's previous roles include tenure as National President of Real Estate Recovery, Inc., one the largest private service providers to the Resolution Trust Corporation (RTC). He also served as a managing director for Alvarez & Marsal Real Estate Advisory Services.

BBK, an international business advisory firm established in 1977, provides financial and operational services that enhance the growth, profits and stability of its clients. BBK has an extensive network of professionals throughout the United States, Europe and Asia, and has completed thousands of engagements for a variety of clients, including Fortune 500 corporations, mid-sized companies, financial institutions, law firms and private equity firms.  For more information, visit www.e-bbk.com.

SOURCE BBK

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