One of the first minority-owned institutional real estate investment management and development firms in the U.S. has appointed a new chief executive.

Landon V. Taylor has joined MacFarlane Partners in San Francisco as CEO of the investment management group.

MacFarlane Partners, founded by Victor B. MacFarlane, has managed in excess of $20 billion in real estate properties across 30 U.S. markets on behalf of more than 40 institutional owners and large pension funds. After 35 years, MacFarlane is passing the reins to Taylor, who is tasked with setting the vision and strategic plans for the company, with a focus on scaling its investment management platform and launching its next series of private equity funds.

MacFarlane will remain involved in his company as founder and chairman, in addition to serving as a member of its executive committee and chairing its investment committee. MacFarlane Partners will continue its ongoing urban/impact development business on behalf of the family office and other investors, and no other employment changes are expected as a result of this succession plan.

"For more than 35 years, I have enjoyed leading MacFarlane Partners to national success, and am especially proud of the difference and impact we have made in urban communities on behalf of minority and women real estate professionals and entrepreneurs," MacFarlane said in a corporate statement announcing the move. "Now is the time for me to pass the leadership torch of our investment management group to an effective, experienced professional — as well as a trusted friend. I have every confidence in Landon’s abilities as a partner and dynamic leader who will usher in not just a new, stronger version of our investment management business, but will energetically seed another, more diverse generation of real estate leaders and operating companies."

Taylor brings more than 30 years of industry experience, having held top executive roles in a diverse set of businesses in the real estate, technology and financial services industries, including four ventures that he led at First American Financial Corp., an $8 billion multinational real estate information services company.

Alison Flynn Gaffney joined global brokerage JLL as healthcare division president in Salt Lake City, Utah.

In her new role, Flynn Gaffney will lead JLL's healthcare business and evolve its real estate and facilities service offerings to meet the needs of health systems, hospitals, ambulatory centers and medical providers. She brings more than 30 years of industry experience, most recently as interim chief operating officer with the University of Utah Health, Hospitals & Clinics.

There, she had executive and financial oversight for inpatient and ambulatory operations across the $3 billion healthcare system, in addition to developing a master-planning office and leading multiple facilities expansions, including a 1 million-square-foot healthcare and academic campus that is set to open in 2027.

Before that, Flynn Gaffney held senior operational, consulting and strategic executive roles in various healthcare organizations. As a founding member of healthcare consulting company Nexera, she oversaw operations, compliance and planning with a focus on supply chain cost reduction and management services. She also worked for Giuliani Partners, leading the management consulting firm's international healthcare practice.

Construction, maintenance and facilities services provider Graycor tapped 19-year finance industry veteran Steve Cieslak as chief financial officer in the firm's Chicago office.

In his new role, Cieslak will oversee Graycor's IT, corporate finance and accounting departments. He also joins the company's executive committee.

Cieslak most recently served as North America CFO at Nordex Group, a manufacturer of wind turbines with more than $1 billion in annual revenue. He also previously held senior financial roles with IAC Group, Textron Fastening Systems and Federal Mogul.

Kidder Mathews recruited Josh Luchs as an executive vice president in its Century City office.

In his new role, Luchs will continue to focus on multifamily investment transactions throughout greater Los Angeles, in addition to recruiting and training new brokers. Since the beginning of the year, Kidder Mathews has rapidly expanded its presence in Southern California, adding 39 brokers in the region, including Eric Paulsen, who recently joined the firm as regional president of Southern California and Arizona.

Luchs most recently served as a senior vice president with CBRE in Beverly Hills. He began his commercial real estate career in 2008, and in the past decade has been involved in over 200 transactions valued in excess of half a billion dollars. Prior to CBRE, Luchs worked at Marcus & Millichap as director of its national multi-housing group and associate director of its net-leased retail group.

Newmark named Mike Tabeek as market leader in its Las Vegas office.

In his expanded role, Tabeek will focus on local brokerage operations and oversee growth initiatives for the firm. He continues his duties as senior managing director, handling sale and lease transactions at office and industrial buildings in the region.

Tabeek holds the SIOR designation from the Society of Industrial and Office Realtors and the Certified Commercial Investment Member designation from the CCIM Institute. He served as president of SIOR’s Las Vegas chapter from 2021 to 2022.

Martin Kulli joined Los Angeles-based investment firm Hybridge Capital Management as a partner with its real estate development platform.

In his new role, Kulli will be responsible for all aspects of the firm's real estate development, from acquisition, entitlement and construction through lease-up and disposition.

Kulli joins Hybridge from Olten Development, a company he founded in 2013 that focused on Los Angeles residential development. He brings more than 20 years of commercial real estate experience, and throughout his career has been involved in more than 200 development projects valued in excess of $2 billion across the Southwest.

Nicholas Totah was promoted to senior vice president, investments, at Marcus & Millichap in downtown San Diego, in recognition of Totah's accomplishments in the retail and industrial investment sectors.

Totah, who joined the full-service commercial real estate brokerage firm in 2012, leads The Totah Group, one of the company's top-performing real estate investment teams, specializing in retail and urban properties across San Diego County.

Prior to The Totah Group, he served as the senior financial and real estate manager for Comprehensive Educational Services, managing over $35 million in annual revenue.

Cullinan Properties hired Mike Tchang as a senior vice president and director of real estate in its Chicago-area office. In his new role, Tchang will oversee all aspects of Cullinan's real estate holdings, including portfolio operations, strategy setting, budgeting, forecasting and reporting. He also joins the firm's leadership team.

Tchang brings more than 14 years of real estate experience, including a variety of asset management and finance positions at Brookfield Properties, Joseph Freed & Associates and Retail Properties of America, now Kite Realty Group.

A member of the International Council of Shopping Centers, Tchang holds an MBA in real estate and finance and a bachelor's degree in mechanical engineering from the University of Michigan.

Matthew Johnson was promoted to director at Lee & Associates Dallas Fort Worth, a privately owned national real estate firm.

Johnson, who has been with Lee & Associates in Dallas for three years, handles land sales, leasing and investment transactions, focusing on industrial properties on behalf of developers, landlords, tenants and large institutional investors.

His promotion was announced by Stephen Williamson, SIOR, a principal at Lee & Associates Dallas Fort Worth.