Cushman & Wakefield

Cushman & Wakefield Hires David Bukovac as Global Head of Integrated Facilities Management

Retrieved on: 
tisdag, maj 28, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Research, CFM, Global Operations, JLL, GOS, Cushman & Wakefield, CWK, Multimedia, FMP, Sales

Cushman & Wakefield (NYSE: CWK) announced today that the real estate services firm has hired David Bukovac as Global Head of Integrated Facilities Management (IFM) on the firm’s Global Occupier Services (GOS) Leadership team.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) announced today that the real estate services firm has hired David Bukovac as Global Head of Integrated Facilities Management (IFM) on the firm’s Global Occupier Services (GOS) Leadership team.
  • In his role, Bukovac will focus on providing a seamless offering of services to the firm’s facilities management clients.
  • Bukovac has extensive experience in developing and deploying successful strategies related to facility management, workplace experience and real estate outsourcing.
  • “I am excited to join Cushman & Wakefield and lead the talented IFM and Technical Services teams,” said Bukovac.

Virtus Diversified REIT announces acquisition of free-standing Walmart property

Retrieved on: 
tisdag, maj 14, 2024
EVP, Walmart, Growth, Acquisition, Cushman & Wakefield, Real estate

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Virtus Capital Corporation, the asset manager of Virtus Diversified REIT is proud to announce its latest strategic move in expanding its portfolio with the acquisition of a free-standing Walmart tenanted property located in Flin Flon, Manitoba.

Key Points: 
  • TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Virtus Capital Corporation, the asset manager of Virtus Diversified REIT is proud to announce its latest strategic move in expanding its portfolio with the acquisition of a free-standing Walmart tenanted property located in Flin Flon, Manitoba.
  • This acquisition marks a significant milestone for Virtus Diversified REIT as it continues to strengthen its retail presence with reliable anchor tenants in strong markets across Canada.
  • “This acquisition is a great example of our ‘make the money on the buy’ strategy,” said Aurelio Baglione, CEO of Virtus.
  • This acquisition exemplifies this commitment and reinforces Virtus Diversified REIT's position as an ascending player in the Canadian real estate market.

RFR and Kushner Secure 4-Year Extension for $480M Dumbo Heights Loan

Retrieved on: 
torsdag, maj 23, 2024
Commercial Building & Real Estate, Construction & Property, Human Resources, Other Retail, Urban Planning, Professional Services, Architecture, Retail, Residential Building & Real Estate, RFR, El Gallo Taqueria, WeWork, Prospect Street, Health, Kushner, Cushman & Wakefield, Etsy, Kushner Companies

RFR and Kushner Companies have secured a 4-year extension of the existing $480 million loan on the 4-building, 750,000 square foot Dumbo Heights mixed-use campus in Brooklyn, the companies announced today.

Key Points: 
  • RFR and Kushner Companies have secured a 4-year extension of the existing $480 million loan on the 4-building, 750,000 square foot Dumbo Heights mixed-use campus in Brooklyn, the companies announced today.
  • Additionally, the owners have completed a lease modification with WeWork for continued occupancy of its space at 77 Sands Street in Dumbo Heights, ensuring that the coworking firm retains this critical location.
  • Situated between the Manhattan and Brooklyn Bridges at the intersection of the Brooklyn Heights, Downtown Brooklyn, Vinegar Hill and Dumbo neighborhoods, Dumbo Heights comprises 750,000 square feet of space across four adjacent buildings: 55 Prospect Street, 81 Prospect Street, 117 Adams Street and 77 Sands Street.
  • RFR and Kushner have invested in a curated retail experience at Dumbo Heights that serves both office tenants and the surrounding neighborhood, including health and wellness spaces and notable dining, entertainment, and lifestyle options.

Ed Wolff Joins Financial Verification Platform VeriFast as Advisory Board Chair

Retrieved on: 
tisdag, maj 21, 2024
Data Management, Residential Building & Real Estate, Technology, Construction & Property, Professional Services, Security, Data Analytics, Software, Artificial Intelligence, Fintech, Finance, Insurance, Business administration, Tenant, AI, Edward Wolff, Georgia Tech, RealPage, Cushman & Wakefield, Hofstra University

VeriFast , the AI-powered verification-as-a-service platform that automates financial analysis and decision-making for tenant screening, mortgage underwriting and other applications, today announced the appointment of Ed Wolff to chair of its advisory board.

Key Points: 
  • VeriFast , the AI-powered verification-as-a-service platform that automates financial analysis and decision-making for tenant screening, mortgage underwriting and other applications, today announced the appointment of Ed Wolff to chair of its advisory board.
  • A seasoned property technology and multifamily industry veteran, Wolff will leverage his deep multifamily technology experience to guide VeriFast as the company moves to expand its solutions to customers across North America.
  • Wolff is a recognized industry influencer and thought leader who regularly speaks at conferences, webinars and podcasts on various topics including best practices, operations, industry trends and market updates.
  • “I’m thrilled to join VeriFast’s advisory board at this critical juncture,” said Wolff.

Cushman & Wakefield Announces Proposed Public Offering of Ordinary Shares by Selling Shareholders

Retrieved on: 
måndag, maj 20, 2024
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Security (finance), TPG, Sale, Prospectus, File, CWK, Cushman & Wakefield, J.P. Morgan & Co., Broadridge Financial Solutions

Cushman & Wakefield plc (NYSE: CWK) (“Cushman & Wakefield”) announced today the launch of a proposed underwritten public offering of 26,513,041 ordinary shares.

Key Points: 
  • Cushman & Wakefield plc (NYSE: CWK) (“Cushman & Wakefield”) announced today the launch of a proposed underwritten public offering of 26,513,041 ordinary shares.
  • Cushman & Wakefield is not offering any ordinary shares.
  • All of the ordinary shares are being offered by existing shareholders and Cushman & Wakefield will not receive any of the proceeds from the offering.
  • The last reported sales price of Cushman & Wakefield’s ordinary shares on May 17, 2024 was $11.72 per share.

The Moinian Group Hosts Inaugural ‘Moinian Mile’ Event in Manhattan

Retrieved on: 
måndag, maj 20, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Savills, Joseph Moinian, New York Knicks, Commercial, Fifth Avenue, Assistant, CBRE, JLL, Cushman & Wakefield, Collier, Associate, Work, Cutler, Multimedia, Madison Avenue

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240516420244/en/
    “We are thrilled with the success of the first-ever Moinian Mile.
  • We successfully brought over 230 of New York City’s most prominent brokers across four of our most in-demand properties and offered unparalleled grand prize offerings,” said Nick Berger, Director of Commercial Leasing at The Moinian Group.
  • Across The Moinian Group’s Flatiron portfolio, the firm last week announced it inked five new leases across five properties with Kids at Work, LineLeap, Yinova Management Company, PlayPlay and Tej Beauty Enterprises, Inc.

Raise Commercial Real Estate Welcomes Industry Veteran Michael McMillan as Senior Vice President of Brokerage

Retrieved on: 
måndag, maj 6, 2024
Data Management, Commercial Building & Real Estate, Technology, Construction & Property, Software, Ron Conway, Initialized Capital, Founders Fund, CBRE, Sale, Broadcom Inc., AT&T, Liquid, Stanford Research Park, Growth, American City Business Journals, Cushman & Wakefield, Senior, Silicon, Multimedia, Y Combinator, San Francisco Bay Area, Financial services

Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.

Key Points: 
  • Raise, a modern real estate technology and brokerage firm, is pleased to welcome industry veteran Michael McMillan as Senior Vice President of Brokerage.
  • View the full release here: https://www.businesswire.com/news/home/20240506716542/en/
    Michael McMillan joins Raise with an impressive track record in occupancy strategy and tenant solutions for multi-market portfolios.
  • With over two decades of experience in the real estate industry, Michael McMillan brings a wealth of expertise to his new role as Senior Vice President of Brokerage at Raise.
  • "Raise is revolutionizing the real estate landscape, and I am eager to contribute to its growth and success," said Michael McMillan.

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® ELECTS INCOMING OFFICERS

Retrieved on: 
tisdag, maj 7, 2024
Society, CRE, Female, Cushman & Wakefield, Principal

WASHINGTON, May 7, 2024 /PRNewswire/ -- The Society of Industrial and Office Realtors® (SIOR), the world's premier commercial real estate organization for industrial and office brokers, recently elected its 2024-2025 officers during its annual spring world conference which was held in Amelia Island, Fla.

Key Points: 
  • WASHINGTON, May 7, 2024 /PRNewswire/ -- The Society of Industrial and Office Realtors® (SIOR), the world's premier commercial real estate organization for industrial and office brokers, recently elected its 2024-2025 officers during its annual spring world conference which was held in Amelia Island, Fla.
  • The elected officers will be installed this fall, prior to SIOR's fall conference, being held in Los Angeles this October.
  • Ohmes is the Managing Principal of the Minneapolis-St. Paul office of Cushman & Wakefield in Minneapolis, and has been an SIOR office specialist since 2001.
  • Sheikh is CEO and Founder at CRE advisory firm Powersense in New York, and has been an SIOR office specialist since 2017.

Nordstrom Rack to Open New Location in Apple Valley, Minnesota

Retrieved on: 
måndag, maj 6, 2024
County Road 42, Shoe, Interview, Learning, Lionello, Mentorship, Partnership, Nordstrom Rack, Meijer, Cushman & Wakefield, IABG, Big Brothers Big Sisters, Beauty, Ulta Beauty, Department store

(NYSE: JWN) announced plans to open a new Nordstrom Rack in Apple Valley, Minnesota in spring 2025.

Key Points: 
  • (NYSE: JWN) announced plans to open a new Nordstrom Rack in Apple Valley, Minnesota in spring 2025.
  • "We look forward to being a part of the Apple Valley community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack.
  • With the addition of this new location, Nordstrom expands its physical footprint and economic impact in Minnesota.
  • The company currently operates two Nordstrom stores and four Nordstrom Rack stores in Minnesota, generating more than 750 jobs statewide.

USPAACC Announces CelebrASIAN 2024 Procurement + Business Conference, May 29-31, The Hotel at Avalon, Autograph Collection, Alpharetta, Ga.

Retrieved on: 
måndag, april 29, 2024
MSD, DEI, MassMutual, RTX, City, Wells Fargo, AT&T, Woman, International finance, Fannie Mae, Conference, Supplier diversity, USDA, Transport, Inclusion, SAS Institute, Cushman & Wakefield, Senior, JPMorgan Chase, Access, Commerce, Representation, Communication, Marketing, FDIC, Hotel, Government, T-Mobile, Boston Scientific, COVID-19, Penn Entertainment, Management

For over 39 years, CelebrASIAN has launched successful business partnerships among Fortune 1000 corporations, federal agencies, nonprofits, and diverse enterprises.

Key Points: 
  • For over 39 years, CelebrASIAN has launched successful business partnerships among Fortune 1000 corporations, federal agencies, nonprofits, and diverse enterprises.
  • CelebrASIAN features A-list speakers from Fortune 1000 Corporations, high-level government officials, and rising stars of the Pan Asian American and diverse business communities.
  • CelebrASIAN brings together top-caliber participants from the business, nonprofit, and government sectors all under one roof," said USPAACC CEO Susan Au Allen.
  • Email [email protected] for more information about CelebrASIAN, May 29-31, The Hotel at Avalon, Autograph Collection, Alpharetta, Ga.