Newmark Taps Former MLB All-Star Matt Harvey To Pitch Debt
Matt Harvey, who spent six of his nine MLB seasons with the New York Mets and started the 2013 All-Star Game at Citi Field, has become a commercial property broker. Harvey, who most recently pitched for the Baltimore Orioles, retired from baseball in May, and in June he started as a managing director in Newmark's multifamily debt origination and advisory group. At Newmark, he works under Anthony Orso, president of the firm's capital markets advisory group.
"His high-profile career has given him tremendous exposure to industry professionals and his position will allow him to expand the group's footprint in the tri-state region," Newmark said in a statement. "Matt has already hit the ground running at the firm, meeting with clients and colleagues and deploying his team-building skills to the multifamily and commercial financing sector." Harvey said he "will be able to learn and grow from some of the best in the industry," at Newmark.
"I've always been interested in the many different aspects of real estate," he said in a statement. On his Instagram account, Harvey posted news of his new job and said, "Here we goooo!!"
JLL Lands Retail Sales Broker From CBRE
JLL's capital markets group said it's added Keely Polczynski, who spent the past 20 years doing deals at rival CBRE, to its investment sales team in Chicago. At JLL, Polczynski will continue to focus on transactions involving urban properties and high street assets in Chicago and beyond. She brings to JLL "a unique skill set and in-depth knowledge of prime retail thoroughfares across the country," the brokerage said in a statement.
Polczynski, who will report to senior managing directors Danny Kaufman and Jaime Fink, who co-lead JLL’s Chicago capital markets team, is set to lead the brokerage firm's Midwest retail investment sales division in Chicago with senior director Michael Nieder. Polczynski joined CBRE in 2002 and had been ranked within the top 10% of producers among its brokers. She also served on CBRE’s capital markets board for several years. "Keely is an impact player and leader within the industry who brings a wealth of experience and real estate acumen," Kaufman said in a statement.
Working deals with her clients that include private equity funds, pension funds, life insurance companies and public and private real estate investment trusts, Polczynski completed sales with an aggregate value of more than $5 billion. In April while at CBRE, Polczynski represented Chicago-based partners L3 Capital and LaSalle Investment Management, a subsidiary of JLL, it its $35.75 million sale of a building in Chicago’s Fulton Market district fully leased to a Time Out Market food hall.
Lee & Associates Recruits Veteran Pittsburgh Brokers
Lee & Associates has made a power play in Pittsburgh, where the brokerage recruited capital markets broker Paul Fedorko and his team from CBRE. His partner Ross Langford joined Fedorko at Lee, where he now serves as a vice president. Transaction associate Morgan Schultz came with them, too. The Fedorko-Langford team will provide capital markets brokerage services to institutional and private clients locally and across the country as part of Lee & Associates' national investment services group, or NISG.
"In this rapidly changing market, the Lee and Associates NISG platform gives me a better ability to serve my clients across all asset classes and geographies," Fedorko said in a statement. A 25-year industry veteran, he has completed commercial property deals with an aggregate value of more than $4 billion during his career. The California-based brokerage opened its western Pennsylvania office in Pittsburgh in the spring. Amy Broadhurst oversees it.
Broadhurst said hiring brokers such as Fedorko and Langford is part of Lee & Associates' Pittsburgh plan. “Strategic growth has been our top priority since opening the office in Pittsburgh," she said in a statement. "Paul and Ross immediately grasped our vision, embodying the entrepreneurial mindset and work ethic."
Rockefeller Lures Design VP From Cushman & Wakefield
Rockefeller Group, a developer of several commercial property types and owner of 6 million square feet of Manhattan office space, has appointed Ranjeet Mohandas as vice president or design and construction in the mid-Atlantic region. He joined the New York-based company from Cushman & Wakefield, where he spent the past several years as a vice president and oversaw construction of the core and shell and the interior build-out of two office towers connected by a 12-story atrium Capital One’s new headquarters in McLean, Virginia.
Based in Washington, D.C., Mohandas will manage the design and construction phases of Rockefeller's existing and new developments in the region. This includes the firm's 400,000-square-foot redevelopment of 600 5th St. in Washington.
Prior to his time at Cushman, he served as senior construction manager at Hoffman & Associates and a project manager for Jacobs. He started his career in 2005 at Clark Construction Group. Hilary Allard Goldfarb, senior managing director and head of development at Rockefeller in the mid-Atlantic, said the addition of Mohandas is key as Rockefeller continues "to grow our platform and development pipeline in the region."
Newmark Adds Trio of Atlanta Leasing Pros
Newmark has expanded its Atlanta team with the addition of veteran brokers Brad Kirschner, Stewart Thrash and RJ Zurak, who were hired as senior managing directors. The trio that has completed an aggregate total of more than 1,100 deals valued at more than $1.2 billion has experience in tenant and landlord representation in the office, flex industrial and life science property sectors. Kirschner, Thrash and Zurak joined Newmark from CBRE.
With the new hires, Newmark is "securing an infusion of the next generation of talent," Sean Moynihan an executive vice president and Newmark's Southeast market leader, said in a statement. “Newmark’s growth and expansion into key markets, like Atlanta, continues to thrive," he said. Kirschner said joining Newmark "will allow us to grow as we break down the walls of traditional Atlanta brokerage by representing owners and tenants.” Moreover, the team's history of working with tenants and owners "has given us greater insights into the needs of occupiers and landlords, which has proven invaluable in navigating today’s market landscape,” Thrash said in a statement.
Graystone Promotes Swolsky in Southern California
Investment sales brokerage Graystone Capital Advisors has promoted Julius Swolsky to senior vice president. Swolsky, who joined the Newport Beach-based firm in 2018, specializes in advising owners in the sale of net-leased and multi-tenant properties. He has completed deals with an aggregate value of nearly $1 billion. Swolsky began his commercial real estate career in development and tenant representation with a private investment group in 2014.
“Julius will play an integral role in driving national expansion for our firm,” Brenton Baskin, managing director of Graystone, said in a statement.
Swolsky's clients include institutional and foreign investors, real estate investment trusts, developers, private funds, corporate occupiers, individuals with high net worth, and family offices. "Thank you to my clients and team for making this all possible!" he said in a LinkedIn post.
Dayton Street Hires Acquisitions Director
Dayton Street Partners, a fast-growing logistics property developer and investor, has added industry veteran Joe Olin as director of acquisitions. He joined Dayton Street from Banyan Street Capital, where he sourced and closed transactions that had an aggregate value of more than $800 million and involved a total of over 5 million square feet of space.
Olin's experience across several markets will benefit the firm as it continues on its growth path, Dayton Street founder and managing principal Howard Wedren said. “He quickly becomes an integral member of the team which continues to drive DSP’s expansion into high growth markets in the U.S." Wedren said in a statement.
Before working at Banyan Street, Olin served as a vice president in CBRE's capital markets group in Boston. At CBRE he specialized in middle-market sales of office and industrial properties across the Boston area. He's now based in Miami.