Sperry Equities Announces Rand Sperry as Chairman, Burton Young as CEO, as Firm Tops $255M in 2026

Sperry Equities announces Rand Sperry as Chairman and Burton Young as CEO, as the firm surpasses $255M in transaction volume so far in 2026.

IRVINE, CA, UNITED STATES, August 31, 2026 /EINPresswire.com/ — Sperry Equities, a private equity investment and wealth management firm specializing in commercial real estate, announced a new leadership shift during one of its most successful years to date. To better prepare the Company for future growth and leadership expansion, Burton Young, longtime President and Co-Founder, was named CEO, and Rand Sperry took over the Chairmanship role.

The leadership announcement comes as Sperry Equities reports more than $255 million in total transaction volume so far in 2026, including $51.4 million in acquisitions, $87.8 million in dispositions, and $116.3 million in financing activity across markets including Arizona and Colorado.

The transition formalizes roles that have developed over the firm’s history and is not expected to materially change the day-to-day responsibilities of either executive. Mr. Sperry will remain actively involved in the business, while Mr. Young will continue his existing leadership responsibilities under the CEO title. The changes are part of the firm’s long-term approach to leadership continuity and succession.

“I owe a great deal of this company’s success to Burton. His transparency, dedication to our capital partners, and willingness to put in the extra hours—including weekends—are the kind of leadership that leads by example,” said Rand Sperry. “With Burton’s leadership, I have full confidence he will carry us into our next chapter of growth.”

Young has helped lead Sperry Equities since co-founding the firm with Sperry and Jack Carroll in 1998. As CEO, he will continue overseeing the firm’s investment and portfolio strategy, capital relationships and broader operations.

“Our success has always been built on earning the trust of our clients and investors,” said Burton Young. “As CEO, my priority is to build on what has made Sperry successful for decades: protecting and growing our investors’ equity and building relationships that last for generations.”

The leadership structure also positions Sperry Equities for long-term continuity as the firm’s next generation of Partners takes on increasing responsibility. Jeremy Newman and Kevin Burton will be named Partners in 2027, while existing Partner Jack Carroll will serve as President of both Sperry Equities and Sperry Commercial and existing Partner Cornelius Mendez will continue to serve as CFO.

About Sperry Equities

Sperry Equities is a private equity investment and wealth management firm based in Irvine, California, with a longstanding focus on commercial real estate. The firm has acquired more than 120 properties, representing over $2.5 billion in transaction volume and 17.5 million square feet across major U.S. markets. Sperry Equities works in tandem with its affiliate, Sperry Commercial, to manage its holdings and deliver long-term value for investors, with a 16% average gross IRR and 2.0x average equity multiple.

The firm targets value-add opportunities—Class A properties in secondary markets and Class B properties in primary markets—typically in the $15 million to $50 million range, focusing on business parks, flex/industrial, and retail centers with strong underlying fundamentals but underperforming management. Sperry Equities operates from five regional offices directing more than 80 professionals.

About Sperry Commercial

Sperry Commercial is a full-service commercial real estate brokerage and property management firm based in Irvine, California. Co-founded by Rand Sperry, Burton Young, and Jack Carroll in 1998, the firm oversees a portfolio exceeding 10 million square feet for both Sperry Equities’ holdings and third-party clients, spanning brokerage, leasing, and management services across major markets nationwide.

Sperry Commercial’s portfolio spans major markets across Southern California, Northern California, Texas, Indiana, Atlanta, Phoenix, Chicago, Denver, Salt Lake City, Columbus, and Memphis, representing approximately $1.2 billion in assets under management. Sperry Commercial is part of the broader SPERRY network of independently owned commercial real estate affiliates.

Gabrielle Gillen
Sperry Commercial & Sperry Equities
+1 9497055085
gabrielle.gillen@sperrycre.com
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