Cushman & Wakefield said it tapped Niko Nicolaou and Ryan Dowd to serve as co-leaders of the brokerage's multifamily capital markets group in New Jersey. Nicolaou, who joined Cushman last year and has more than 15 years of industry experience, and Dowd, a longtime Cushman broker, are based in the firm's East Rutherford office. In addition to naming leaders of the group. Cushman recruited veteran brokers Justin Lupo, David Jarvis and David Oropeza, who will serve as executive managing directors in the same office. “With a deliberate strategy to expand our offerings in the multifamily sector, the guidance and expertise of our new co-leads," and the addition of Lupo. Jarvis and Oropeza, Cushman is preparing "for more success in the market," New Jersey managing principal Peter Bronsnick said in a statement.

In their new role as co-leaders of the multifamily capital markets group, Nicolaou and Dowd will "play a pivotal role in expanding the team's capabilities" and work together to drive growth initiatives, fortify client relationships and provide advice to the firm's clients in the multifamily sector," Cushman said. “Their addition fills a critical gap in the New Jersey market, enabling us to cover the full range of the multifamily asset class in the region," John O'Neill, Cushman's president of U.S. capital markets, said in a statement.

CBRE said it promoted Chad Doellinger to general counsel last week because it wanted the job to be based in Dallas, where the brokerage has its headquarters. Larry Midler, who had served in the position since 2004, did not want to relocate, so he stepped down and "will remain with the company in a consulting capacity through mid-2024," CBRE said. Midler lives in Los Angeles County, where CBRE had been based until it moved to Texas in 2020.

At CBRE, Doellinger served as a senior member of its legal group from May 2020 to this spring, when he was promoted to chief transformation officer. Before he joined CBRE, he served as head of complex litigation at Walmart.

CBRE also said it promoted Banke Odunaike to chief culture officer, a new position at the firm. In her new role, Odunaike will support the effort to advance CBRE culture with an initial focus on oversight of ethics and compliance, diversity, identification and development of senior leadership talent and succession planning. Odunaike and Doellinger joined the CBRE executive committee, made up of CEO Bob Sulentic and eight senior executives who report directly to him.

Matthews Real Estate Investment Services has hired Joanna Rotonde Manfro to serve as vice president of shopping centers in the Northeast. Manfro, who has completed nearly $2 billion in transactions during her more than 15 years working on the ownership side, specializes in retail and mixed-use properties and primarily focuses on shopping centers in suburban markets in the Northeast. Before joining Matthews, Manfro worked for and expanded the Northeast presences of RPT, Regency Centers and Urstadt Biddle Properties, according to Matthews.

Matthews, based in Nashville, Tennessee, recently entered the Northeast market by making several senior hires in Northern New Jersey and opening its New York City office in the first quarter. “Over the last six months, our company has cemented a strong presence throughout the Northeast, and we are recruiting top-tier talent throughout the region,” CEO and Chairman Kyle Matthews said in a statement. “Joanna is a great addition to our retail division.”

Stream Realty Partners has expanded its Southern California industrial tenant representation team by recruiting Wes Hunnicutt and Matt Moore from rival Newmark. Hunnicutt and Moore joined Stream as executive vice presidents in industrial tenant representation and transaction management. They also will work on new client and business pursuits, and in particular, will collaborate with executive managing director and partner Martin Pupil to expand Stream's occupier services business in the Los Angeles, Orange County and Inland Empire markets. “Southern California is the country’s largest industrial market, and we need to continue to expand our footprint," Pupil said in a statement.

Hunnicutt and Moore specialized in the acquisition and sale of industrial space while at Newmark, where they both worked for more than 12 years. Hunnicutt kicked off his career in the industry at Corporate Realty Advisors and then joined Lee & Associates. Before joining Newmark in 2011, he was a principal at Cresa in Orange County, California. Moore started his career at Lee & Associates in Newport Beach, California, before joining NAI Capital in 2005 and Cresa in 2008.

JLL has hired Amanda Madrid, a 30-year industry veteran, to help expand the brokerage's Southeast property management portfolio. Madrid joined JLL as a senior vice president from Cushman & Wakefield, where she worked for the past eight years and most recently served as a managing director. At JLL she will focus on reducing operating expenses for clients and supporting leasing teams as they work to attract and retain tenants.

The brokerage said adding Madrid is significant and in response to the evolution of the office sector. Property management has gained importance in its role in tenant and employee retention and increasing value at properties. “As organizations continue to navigate return-to-office obstacles post-pandemic, we intently focused on assisting clients to empower their employees and build value through their existing assets,” Randy Fink, JLL Atlanta’s managing director of property and asset management, said in a statement.

Lincoln Property Co. has appointed Jared Toothman, who spent the past 11 years at Vornado Realty Trust, to lead Lincoln's push to expand in New York City, the country's largest commercial property market. Toothman started late last month as an executive vice president and New York market leader for the Dallas-based real estate services firm that has 35 offices across the globe. Reporting to Lincoln Co-CEOs Clay Duvall and David Binswanger, Toothman is responsible for leading and developing the company’s real estate services across New York. The firm's New York hire comes about six months after it secured a major investment from private equity firm Stone Point Capital to help Lincoln expand nationally and globally.

"As Lincoln activates on its business strategy leveraging our recent capitalization, we are focused on driving growth in key markets globally, and as the real estate capital of the world, New York City is at the top of the list,” Duvall said in a statement. During his time at Vornado, Toothman oversaw acquisitions, development, and capital markets for office, retail, residential and hotel properties owned by the real estate investment trust and Vornado Capital Partners, a real estate private equity fund. "Launching and leading the New York City office for a premier national development and property management firm, now armed with the resources to compete effectively at scale in this global real estate hub, is an opportunity I had to seize,” Toothman said in a statement.

Brokerage NAI Heartland in Overland Park, Kansas, has bolstered its industrial team with the addition of Brent Peterson, Seth Sinovic and Evan Calkins. The team moved to NAI Heartland from Area Real Estate Advisors. Peterson, who has more than 18 years of experience advising local firms and Fortune 500 companies on their warehouse and manufacturing space needs, will lead NAI Heartland’s industrial division and work closely with Sinovic and Calkins, who joined as associates.

”As we continue to grow and expand, Brent, Seth, and Evan were a natural fit, not only within our Industrial Division, but with our company culture and values as a whole," Chad LaSala, managing partner of NAI Heartland, said in a statement. Peterson, who worked at Area for more than nine years, also was a broker at Lee & Associates. Sinovic, who focuses on representing industrial tenants and landlords in sales and lease transactions, began in commercial real estate after his 11-year career as a professional soccer player. He played nine of those years MLS team Sporting Kansas City. Calkins, who got into commercial real estate in 2019, does tenant and landlord representation and specializes in real estate technology and analytical analysis.