CB Richard Ellis Investors has chosen Matt Khourie as its new president in charge of day-to-day management, reporting to CEO Vance Maddocks.

Khourie joins CBRE Investors from Trammell Crow Co. (TCC), CB Richard Ellis Group’s development subsidiary, where he was part of the leadership team that set the firm’s investment and development strategies. He joined TCC in 1980 and recently was president of development and investment for the Southeast United States.

Khourie served on the TCC executive and investment committees, setting policy and strategy, as well as reviewing and approving investment decisions. He has an MBA from Stanford University Business School.

“Matt is a proven leader with a long tenure at Trammell Crow and will be an excellent addition to CBRE Investors,” Maddocks said. Bringing Khourie on board will allow the CEO to focus on strategic direction, the company’s investment portfolio and new market opportunities, he added.