Newmark expands Midwest multifamily team
Newmark added veteran brokers Tom Maloney, Dan Wiele and Hank Hicks to its Central U.S. multifamily investment sales team. The New York-based brokerage said all three joined the firm as senior managing directors in its St. Louis office, as Newmark expands services throughout Missouri and other Midwest regions.
Each has more than a decade of multifamily experience in the St. Louis region. All three joined Newmark from MMG Real Estate Advisors.
During his career, Maloney has also worked for Wittenauer Properties and NAI Desco, and Wiele worked at MGX. Hicks did earlier work as an attorney advisor for the Social Security Administration and Advantage 2000 Consultants.
JLL hire pursues government-related business
JLL expanded its investment sales and advisory team with the hiring of Isabel Eiler as a director in its Atlanta office. The company said Eiler will focus on investment sales of buildings that have government leases and on advisory assignments. She joined JLL from Bull Realty, where she served as vice president of government-leased investment sales. Before that, she worked as a commercial real estate sales associate at Sands Investment Group.
JLL created the specialized new role Eiler filled in response to the federal General Services Administration’s ongoing program to optimize its nationwide real estate portfolio, said Richard Reid, senior managing director and co-head of JLL’s capital markets team in Atlanta, in a statement. Reid also said Eiler will advise clients on acquisitions and dispositions of government-leased properties.
Opus appoints leader for new North Carolina office
Commercial real estate development, design and construction firm, Opus Group, opened a new office in Charlotte, North Carolina, and hired Kelly Dunbar to lead it as senior vice president of development. Dunbar is a 35-year industry veteran and worked most recently at Childress Klein in Charlotte, where he founded the multifamily division and served as managing partner for 13 years.
Dunbar will lead Minneapolis-based Opus' expansion into the greater Charlotte region and other Southeast markets, where the firm is pursuing industrial and multifamily development projects. “The Southeastern United States has been a strategic focus for us due to its sustained growth and strong potential, particularly in the industrial and multifamily sectors,” Opus Executive Vice President and General Manager Mike Yungerman said in a statement.
Cushman & Wakefield adds Jacksonville director
Greg Rainey joined Cushman & Wakefield as a managing director in its Jacksonville, Florida, office, where he focuses on multifamily investment sales. Rainey worked previously at Berkadia, where he started his commercial real estate career as a college intern and rose to the position of senior director.
“Greg is intrinsic to our efforts to strengthen and grow our multifamily advisory business not just in North Florida but across the state and Sunbelt,” said Wanda Riley, Cushman & Wakefield’s Florida managing principal, in a statement.
The Jacksonville region “is critical to our growth, and we plan imminent further investment in the market," Riley added.
Partner Valuation grows North Carolina team
Commercial real estate consulting firm Partner Valuation Advisors hired Keith Bolte as a director in its Charlotte, North Carolina, office. Bolte has 13 years of experience in real estate valuation, focused on industrial, office, retail and multifamily properties.
Bolte has done prior valuation work for institutional investors, real estate investment trusts, debt funds, insurance companies and banks.
“He also brings specialized expertise in cold storage facilities and industrial outdoor storage, asset types that are increasingly in demand across the Southeast,” the company said.