CUSHMAN

Raise Commercial Real Estate Welcomes Industry Veteran Michael McMillan as Senior Vice President of Brokerage

Retrieved on: 
Monday, May 6, 2024
Data Management, Commercial Building & Real Estate, Technology, Construction & Property, Software, Ron Conway, Initialized Capital, Founders Fund, CBRE, Sale, Broadcom Inc., AT&T, Liquid, Stanford Research Park, Growth, American City Business Journals, Cushman & Wakefield, Senior, Silicon, Multimedia, Y Combinator, San Francisco Bay Area, Financial services

Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.

Key Points: 
  • Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.
  • View the full release here: https://www.businesswire.com/news/home/20240506716542/en/
    Michael McMillan joins Raise with an impressive track record in occupancy strategy and tenant solutions for multi-market portfolios.
  • With over two decades of experience in the real estate industry, Michael McMillan brings a wealth of expertise to his new role as Senior Vice President of Brokerage at Raise.
  • "Raise is revolutionizing the real estate landscape, and I am eager to contribute to its growth and success," said Michael McMillan.

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® ELECTS INCOMING OFFICERS

Retrieved on: 
Tuesday, May 7, 2024
Society, CRE, Female, Cushman & Wakefield, Principal

WASHINGTON, May 7, 2024 /PRNewswire/ -- The Society of Industrial and Office Realtors® (SIOR), the world's premier commercial real estate organization for industrial and office brokers, recently elected its 2024-2025 officers during its annual spring world conference which was held in Amelia Island, Fla.

Key Points: 
  • WASHINGTON, May 7, 2024 /PRNewswire/ -- The Society of Industrial and Office Realtors® (SIOR), the world's premier commercial real estate organization for industrial and office brokers, recently elected its 2024-2025 officers during its annual spring world conference which was held in Amelia Island, Fla.
  • The elected officers will be installed this fall, prior to SIOR's fall conference, being held in Los Angeles this October.
  • Ohmes is the Managing Principal of the Minneapolis-St. Paul office of Cushman & Wakefield in Minneapolis, and has been an SIOR office specialist since 2001.
  • Sheikh is CEO and Founder at CRE advisory firm Powersense in New York, and has been an SIOR office specialist since 2017.

Cushman & Wakefield Honored as a 2024 VETS Indexes 5 Star Employer

Retrieved on: 
Monday, April 15, 2024
Commercial Building & Real Estate, Construction & Property, Defense, Human Resources, Other Defense, Professional Services, Veterans, Other Construction & Property, Employment, Military.com, Rest, Cushman & Wakefield, Sightline Media Group, Stars & Stripes, CNBC, BNN Bloomberg, Running, Organization, Veteran, Fox Business, Nursing

Cushman & Wakefield announced today that the real estate services firm has earned the designation of VETS Indexes 5 Star Employer in the 2024 VETS Indexes Employer Awards.

Key Points: 
  • Cushman & Wakefield announced today that the real estate services firm has earned the designation of VETS Indexes 5 Star Employer in the 2024 VETS Indexes Employer Awards.
  • “We are honored to be recognized as a VETS Indexes 5 Star Employer, reaffirming our steadfast dedication to empowering veterans and the military community," said Matt Disher, Executive Director, Military & Veterans Programs at Cushman & Wakefield.
  • Of those, VETS Indexes recognized 285 organizations across the following award levels: 5 Star Employer, 4 Star Employer, 3 Star Employer and Recognized Employer.
  • “Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated.

Cushman & Wakefield Hires Marc Franco to Lead East Region Investor Services and Institutional Client Care

Retrieved on: 
Thursday, April 11, 2024
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, Credit Suisse, Project, Investment, Capital market, City, State university system, USSA, Partnership, Attention, Cushman & Wakefield, KSA, Multimedia, MBA, Hofstra University, Valuation, Knowledge, Financial services

Cushman & Wakefield announced today that the real estate services firm has hired Marc Franco as Managing Director, Investor Services, where he will focus on institutional client care in the East Region of the U.S.

Key Points: 
  • Cushman & Wakefield announced today that the real estate services firm has hired Marc Franco as Managing Director, Investor Services, where he will focus on institutional client care in the East Region of the U.S.
  • He will work in partnership with Kristina Wollan who leads Investor Services in the West Region.
  • View the full release here: https://www.businesswire.com/news/home/20240411954531/en/
    In his new role, Franco will be responsible for ensuring the firm’s institutional investor clients benefit from the firm’s broad, integrated platform of investor services, including Capital Markets, Agency Leasing, Property Management, Valuation & Advisory and Project & Development Services.
  • “Marc’s extensive investor services expertise has resulted in the ability to truly understand clients' specific business goals, identify potential challenges and uncover unique opportunities.

Cushman & Wakefield Recognized by Fitwel for 2024 “Best in Building Health” Awards

Retrieved on: 
Monday, April 1, 2024
Environment, Commercial Building & Real Estate, Construction & Property, REIT, Professional Services, Sustainability, Health, General Health, Environmental, Social and Governance (ESG), Built environment, Benchmarking, Partnership, ESG, CDC, Cushman & Wakefield, Property management

Cushman & Wakefield, a leading global real estate services firm, earned three company-level recognitions by Fitwel for its Best in Building Health (BiBH) awards.

Key Points: 
  • Cushman & Wakefield, a leading global real estate services firm, earned three company-level recognitions by Fitwel for its Best in Building Health (BiBH) awards.
  • As part of the Certification Project Team, Cushman & Wakefield was recognized for Highest Scoring Multi-Tenant Base Building v2.1 (Built) for AMA Plaza / 330 N. Wabash in Chicago.
  • Additionally, Cushman & Wakefield’s Daniel Busi, Sustainability Project Manager, and Kate Scrimizzi, Sustainability Project Manager, have been named Top 20 Fitwel Ambassadors.
  • The Fitwel Platform integrates asset and portfolio-level benchmarking, a streamlined healthy building certification process and ‘S’ focused ESG reporting guidance.

Nuveen Real Estate Awards Cushman & Wakefield New 1.4 MSF Property Management Assignment at One Boston Place and 501 Boylston Street

Retrieved on: 
Tuesday, April 2, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Property, News, Cushman & Wakefield, Nuveen, Property management, Commercial property, Boylston Street

Cushman & Wakefield announced today that the real estate services firm has been awarded a new commercial property management assignment by Nuveen Real Estate for One Boston Place and 501 Boylston Street, totaling 1,415,003 square feet.

Key Points: 
  • Cushman & Wakefield announced today that the real estate services firm has been awarded a new commercial property management assignment by Nuveen Real Estate for One Boston Place and 501 Boylston Street, totaling 1,415,003 square feet.
  • As part of the transition, Cushman & Wakefield has hired 16 incumbent professionals from the One Boston Place and 501 Boylston Street management teams.
  • Cushman & Wakefield’s Bruce Clifford and James Russell will lead the Property Management teams at Nuveen’s properties.
  • Cushman & Wakefield is ranked as the #2 Property Management firm in the country with more than 5 billion square feet under management in the United States, according to the latest annual ranking from Commercial Property Executive , a real estate news source.

Cushman & Wakefield Named Energy Star® Partner of the Year for 12th Consecutive Year

Retrieved on: 
Tuesday, March 26, 2024
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Electricity, Climate change, Organization, Environment, Sale, EPA, CWK, Cushman & Wakefield, Renewable energy

Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, has received the 2024 ENERGY STAR® Partner of the Year—Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA).

Key Points: 
  • Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, has received the 2024 ENERGY STAR® Partner of the Year—Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA).
  • This marks the 12th consecutive year that the firm has been named an ENERGY STAR Partner of the Year, and the 10th consecutive year that it has received the Sustained Excellence distinction, demonstrating outstanding leadership year-over-year.
  • ENERGY STAR award winners lead their industries in the production, sale and adoption of energy-efficient products, homes, buildings, services and strategies.
  • A complete list of 2024 winners and more information about ENERGY STAR’s awards program is available here .

Cushman & Wakefield Appoints Jennifer McPeek and Raj Vennam to Board of Directors

Retrieved on: 
Monday, March 18, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Janus, Russell Investments, McKinsey & Company, University, Central Florida, Private equity, Electrical engineering, Partnership, Trustee, SVP, Duke University, Electronics, McPeek, NN Group, PAG, Janus Henderson, Corporate finance, MBA, Trust, Jennifer, Old Dominion University, Engineering, CWK, Cushman & Wakefield, Multimedia, TPG, Economics, Management

Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240318095052/en/
    Jennifer McPeek appointed to the Board of Directors of Cushman & Wakefield (Photo: Business Wire)
    McPeek brings more than 20 years of executive experience in the financial services industry.
  • McPeek currently serves on the board of directors of Cboe Global Markets, Inc. and on the Board of Trustees of First American Funds Trust.
  • “Jennifer and Raj are highly accomplished executives who bring a wealth of expertise in finance and strategy to Cushman & Wakefield.

PREIT Completes Financial Restructuring and Implements Changes to Management and Board

Retrieved on: 
Monday, April 1, 2024
Management, Bankruptcy, Plan, Howard Hughes Corporation, JV, LPT, COVID-19, FDP, PREIT, Brookfield Properties, Vicinity Centres, The Rouse Company, International Council, Realty Income, VEREIT, GGP, ICSC, Fashion District Philadelphia, LP

Trade creditors and property level mortgage debt were unaffected by the restructuring.

Key Points: 
  • Trade creditors and property level mortgage debt were unaffected by the restructuring.
  • As a result of its corporate reorganization and consolidation of equity holders, PREIT is no longer an SEC reporting company.
  • In support of its go-forward business plan, PREIT is also announcing certain changes to its management and Board.
  • Mr. Coradino led PREIT through its comprehensive financial and corporate restructuring as discussed above, and now that such restructuring has been successfully completed, Mr. Coradino will no longer serve as Chief Executive Officer and trustee of PREIT, effective as of April 1, 2024.

Greystone Monticello Provides $37 Million in Financing for Build-to-Rent Portfolio in Arizona, Cushman & Wakefield Represents Buyer

Retrieved on: 
Thursday, February 29, 2024
Acquisition, Principal, Pleasure, Cushman & Wakefield, Electricity, Water, Partnership, Commercial property

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Greystone Monticello and Cushman & Wakefield jointly announced today that the firms provided financing for, and represented the buyer of, respectively, a two-property portfolio of build-to-rent multifamily communities in Phoenix, Arizona.

Key Points: 
  • NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Greystone Monticello and Cushman & Wakefield jointly announced today that the firms provided financing for, and represented the buyer of, respectively, a two-property portfolio of build-to-rent multifamily communities in Phoenix, Arizona.
  • Jeems Lochridge of Cushman & Wakefield represented Balfour Pacific Capital and Stone View Holdings, the joint buyers and co-General Partners in the transaction, and Greystone’s Dale Holzer of Greystone originated the loan through Greystone Monticello.
  • In the transaction led by Chris Hetzel, Greystone Monticello provided a two-year $37,250,000 bridge acquisition loan to allow for lease-up and stabilization of the portfolio.
  • The two-site portfolio, Stone View on Central and Stone View on 7th, consists of build-to-rent, entry-level communities totaling 123 homes.