Newmark further bolsters finance teams; JLL adds valuation leader; Sagard names new president
Newmark, a real estate services firm making a concerted effort to win more capital markets business, has named new leaders for some of its major finance-focused teams. In one move, the firm appointed Neal Armstrong as head of the firm's new fund administration business. The New York-based company said Armstrong, who has more than two decades of experience in accounting and other real estate fund services, will lead a nationwide build-out of the new Newmark practice. Armstrong joined Newmark from Bank of New York, where he served as global head of real estate fund services, and held earlier roles at Deutsche Asset & Wealth Management and KPMG.
Newmark also promoted Marc Shapiro to practice leader for its valuation and advisory financial reporting practice. A senior managing director at Newmark, Shapiro has three decades of finance-related experience. He joined Newmark in 2018 after prior roles with FTI Consulting, Cushman & Wakefield and Albert Valuation Group.
JLL said Casey Burns joined the firm as an executive director based in Austin, Texas. He will focus on industrial property valuations as the company seeks to increase its service profile for that practice in Texas and other Southwestern regions.
In Denver, investment management firm Sagard Real Estate promoted Mark Bigarel from chief operating officer to president. He will lead day-to-day operations as CEO Rick Stone continues to oversee expansion efforts.
New hires, promotions and other personnel changes
In Dallas, investment firm Holt Lunsford Commercial promoted Bryce Orr to chief financial officer to lead the firm's fiscal planning operations after previously serving as a senior vice president.
In Fort Lauderdale, Florida, commercial brokerage Native Realty added Jeff Dysart and Connor Gordon as associates as the firm looks to expand its South Florida presence.
Investment firm Muinzer hired Kelly Janisch as director of asset management. The Chicago-based company said it is seeking to bolster its focus on student housing properties with the addition of the 17-year industry professional.
In Los Angeles, Jacobson Equities appointed 20-year multifamily investment veteran Grant Geisen, who previously worked at Pacific Urban Investors, as director of investments. He will lead Jacobson's planned acquisitions of U.S. properties, including student housing projects.
In Dallas, affordable housing investor and developer Dominium named Reba Will as vice president of compliance and Ryan Bosolet as vice president of property management for the company's Mountain West portfolio.
In San Antonio, national multifamily investment firm Lynd Acquisitions Group promoted Antonio Parra to senior associate after prior work as an apartment acquisitions and development associate.