Cushman looks to expand Texas office sales with new hire
Todd Savage joined Cushman & Wakefield as executive managing director of office investment sales in Dallas. Savage will represent institutional office investors in the Dallas-Fort Worth region as Chicago-based Cushman aims to expand its investment sales business across Texas, the firm said.
Savage joins Cushman from JLL, where he served as a senior managing director. He has more than 24 years of industry experience and also worked earlier for HFF before it was acquired by JLL. He has handled more than $23 billion in commercial real estate transactions, including investment sales, sale-leaseback transactions and joint-venture arrangements. He has represented institutional and corporate clients from throughout the Southwest.
Lee & Associates targets Gulf Coast business growth
Lee & Associates added Bill Sanders as partner and principal and Chris Flood as senior associate in Baton Rouge to broaden its services in Louisiana and the southern Gulf Coast, the brokerage said. Sanders is a 15-year industry veteran who has worked with more than 500 clients in Baton Rouge, and Shreveport, Louisiana, and Birmingham, Alabama. He has served as a leasing broker for United Centre, a Baton Rouge office tower owned by Wampold Cos., since 2021.
Flood also specializes in office tenant representation and related occupier services. He previously worked with Sanders at Beau Box Commercial Real Estate. Led by CEO Jeff Rinkov and established in 1979, Westlake Village, California-based Lee & Associates has more than 80 offices in the U.S. and Canada.
StreetLights promotes executive for multifamily project slate
StreetLights Residential promoted Rachel Koonsman to the post of chief people officer, the Dallas-based development firm said. Koonsman now leads the company’s culture team and oversees its training, hiring and related human-resource services, StreetLights said. She previously served as senior vice president of engagement.
Led by CEO Robert de Bruin, Streetlights Residential was founded in 2011. It develops mixed-use and high-rise multifamily properties and has completed projects including the 19-story tower known as The Oliver near downtown Dallas. The firm has developed several urban infill projects across 11 cities in six states that contain a total of more than 15,000 multifamily units.
CBRE executive joins board of Ryan Cos.
Developer Ryan Cos. has appointed industry veteran Robert Perry to its board of directors, the Minneapolis-based company said.
Perry currently serves as president of the Americas real estate division at CBRE Investment Management, where he also heads strategic partnership operations in the U.S. Prior to joining CBRE IM, Perry led North American real estate business for AB CarVal Investors. Perry's expertise in real estate investment and finance will benefit "Ryan as we scale our presence in key markets,” Chairman Pat Ryan said in a statement.
Ryan is a nationwide developer and provides related design and management services to clients. The firm has 17 offices nationwide and works in several sectors including healthcare, senior living, industrial, multifamily, office and retail. It has large industrial and data center projects in the works in regions, including Phoenix and Minneapolis.
Uncommon Capital aims to grow private investor services
Uncommon Capital Group appointed Danny Dlugie as vice president as it looks to expand institutional-grade services to private investors, the Chicago-based real estate investment firm stated. Dlugie joined Uncommon from GCM Grosvenor, where he sourced private offerings and completed investments for the asset management firm. He has worked with institutional clients such as pension funds, endowments and sovereign wealth funds.
Dlugie also worked previously at Lightbank, a Chicago-based venture capital firm. Uncommon was founded by Ben Harris in 2020 and has funded more than $2.5 billion in transactions since its inception. It has recently invested in property categories that include industrial, multifamily and student housing.