Press Release: Investment Group
775 336 4600
NAI Alliance Commercial Real Estate is pleased to announce the recent addition of a new Partner, Michael Schnabel, to the company. Mr. Schnabel joins NAI to spearhead the continued development of the premier NAI Alliance Investment Properties Group. In this role, Mr. Schnabel will represent institutional and private owners and investors in the acquisition and disposition of commercial properties in the Northern Nevada and the Lake Tahoe region.
Prior to joining NAI Alliance, Mr. Schnabel was a Partner and Senior Managing Director at CBRE, where he also owned CBRE’s Reno/Lake Tahoe office. Mr. Schnabel recently sold his interest in the Northern Nevada/Lake Tahoe CBRE office to the global parent company, CBRE, Inc., to pursue other professional interests.
Mr. Schnabel has extensive development and property ownership experience. He is a Founding Partner and Managing Member at Development ARTS and was a Founding Partner and Managing Member of Blackfire Real Estate Investors, where he held an interest until early 2012. Early in his career, Mr. Schnabel worked for the Wall Street firms of Merrill Lynch and Kidder Peabody. Mr. Schnabel is also the Chairman of the Board of Schnabel Foundation Company, a national design-build specialty contractor. He is also an active angel investor in Northern California and Northern Nevada with investments representing a diverse portfolio of companies.
Mr. Schnabel earned an MBA in Finance and Real Estate from New York University and a BS in Commerce from the University of Virginia.
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