This tree is recently photographed in Quito, Ecuador. It grows everywhere. I'm new to South American flora, so I'd like to know what the species it is?
Your plant appears to be Chionanthus pubescens, the pink fringe tree, which is native to Ecuador and Peru. The genus has a number of species. It belongs to the family Oleaceae, which includes well known plants like jasmine, forsythia, ash trees and olives. I could not find much biological information on the pink fringe tree but plantlist.org contains a number of links to various databases that may be helpful if you want to dig deeper.