Business Management People on the Move
Neal Joins GVA Advantis as Chairman
Aug. 20, 2008
GVA Advantis said today that Jeffrey Neal has joined the company as chairman. Most recently, he was the co-founder and principal of the Washington-based real estate development company Monument Realty.
Quartet of Colliers Firms to Merge, Los Angeles to Streamline
Aug. 13, 2008
Colliers International’s U.S. operations have sure been on their toes the past few days. The brokerage network has announced a major consolidation of four of its Eastern-region firms and a streamlining of its Greater Los Angeles operations, both aimed at creating operating efficiencies and better client service.
Two Former Staubach Execs Join CB Richard Ellis
Aug. 13, 2008
CB Richard Ellis Group Inc. has hired two real estate industry veterans, Michael McShea and Peter Larkin, formerly of The Staubach Co. Both focus on the public sector and have joined the company’s government and public sector solutions group, based in Washington, D.C. The Staubach Co. was recently acquired by Jones Lang LaSalle.
Former St. Joe Exec Rummell to Head Nicklaus Cos.
Aug. 12, 2008
Peter Rummell, former CEO of Jacksonville, Fla.-based The St. Joe Co., Florida's largest private landowner, has been chosen as the new CEO of the North Palm Beach, Fla.-based Nicklaus Cos. Rummell, 62, retired from St. Joe in May and will take over his new position in mid-August, according to the Nicklaus Cos. In addition, Rummell will head the NicklausMilstein Fund, which was formed to capitalize on real estate development and investment opportunities that arise from the Nicklaus golf course design business. Nicklaus Design currently has more than 55 courses under construction and projects under development in 44 countries.
LaSalle, Constant Care Look to New Leadership for Growth Initiative
Aug. 12, 2008
Assisted living developer the LaSalle Group and management firm Constant Care Management Co. have made changes to their corporate structure in an initiative to spearhead growth. Mitchell Warren has taken over as president of LaSalle and is now overseeing continued expansion plans for the company and complete asset management. Warren was formerly vice president of development for LaSalle, and led the company’s expansion plans through the Dallas Fort Worth area and Chicago, with responsibilities ranging from new business to new residence planning and development.
COO Peddicord Prepares to Bid Adieu to Arden
Aug. 08, 2008
After 11 years with Los Angeles-based real estate concern Arden Realty Inc., chief operating officer Robert Peddicord has announced his resignation. "I think at this point in time, I've done all that I can do at Arden, and as they head into a national platform and investment management, the company is in good hands, so it felt it was a good time to go," Peddicord told CPN.
Rapp Promoted to Vice Chairman for CBRE’s Tri-State Region
Aug. 08, 2008
CB Richard Ellis Inc. has promoted Ken Rapp, a commercial real estate veteran known for his prolific leasing work with some of Manhattan’s biggest corporations and other high-profile clients, to vice chairman for CBRE’s New York Tri-State region.
Hurley Joins Avanath Capital as COO
Aug. 07, 2008
Avanath Capital Partners has hired Ed Hurley as chief operating officer. In this capacity, Hurley will oversee the day-to-day operations of the firm, including asset management, finance and accounting, risk management, information technology and corporate administration.
CBRE Promotes Reicher to Vice Chairman
Aug. 06, 2008
CB Richard Ellis said today that Craig Reicher, a 21-year commercial real estate veteran, has been promoted to vice chairman, joining the ranks of the firm’s executive leadership in the New York Tri-State Region.
Chicago Merger Introduces Jameson Real Estate
Aug. 01, 2008
Christopher Feurer, the principal of the Feurer Cos. and Michael Sato, his partner in CRF Marketing, the sales and marketing arm of the company, are joining forces with the principals of the Jameson Realty Group and Chicago real estate developers Steven Golovan, Charles Mudd and John Lally to create a new brokerage powerhouse known as Jameson Real Estate L.L.C.
Grubb & Ellis Adds Kilborn as SVP, Office Group
July 30, 2008
David Kilborn, Jr. has joined Grubb & Ellis Co. as senior vice president, office group. Most recently, he was with Carter Real Estate, where he served as senior vice president of office properties group.
Maguire to Appoint 4 New Board Members
July 29, 2008
Per agreement with it's shareholder, JMB Capital Partners, Maguire Properties Inc. will add four directors, Cyrus Hadidi, Paul Watson, Jonathan Brooks and a JMB Capital nominee whose name will be announced later, Los Angeles Business Journal reported.
Real Estate Developers Look for New Centers of Opportunity
Real estate players involved in commercial real estate development know the importance of keeping up with the latest industry trends. From professionals in commercial real estate development to real estate mortgage lenders, Commercial Property News keeps tabs on the latest moves in the industry.
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