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The Latest Real Estate News, Investing and Housing Market Tips

This week’s People of Note includes the following markets: Kansas City, New York City, Northern New Jersey, Philadelphia, South and Tampa/St. Petersburg.
CRE Veteran Joins NGKF’s Philadelphia Office
By Latricia Miller

David Dolan has joined Newmark Grubb Knight Frank’s Capital Markets Group as a senior managing director in the ’s Philadelphia office.

He will work with Michael Margolis in capital markets, along with BGC Capital Markets, and Cantor Commercial .

Formerly of Jones Lang LaSalle, Dolan specialized in all facets of brokerage and investment sales, and brings more than 30 years of experience in the real estate industry.


Grufferman, Springer Join Colliers
By Karen Kester

Colliers International recruited Howard Grufferman, a top-performing and highly sought after broker in New York City, as a vice chairman. Grufferman will focus on tenant representation, with a specialization in the financial services, technology and legal sectors.

He was previously at Grubb & Ellis (now Newmark Grubb Knight Frank), where he also served as a vice chairman. Before that, Grufferman served as the senior managing director and co-branch manager of Studley’s midtown and downtown offices. In his 25-year real estate career, he has closed transactions in excess of $1 billion. His notable clients include the City of New York, Federal Reserve and Fortress Investment Group, among many others.

Also from NGKF, Hadley Springer joined the NYC office of Colliers International as an associate director. The duo represents the first major personnel move in the New York region since Joe Harbert took the helm.


Lanning Joins Cassidy Turley as SVP, City Leader
By Neil Matthee

appointed Michael Lanning as senior vice president and city leader of its Kansas City office, effective immediately. In his new role he will oversee the strategic direction, talent management and business development for the management division of the local operation.

Lanning was most recently a vice president with CBRE Kansas City, and has a 25-year career in the commercial real estate industry.

To date, he has represented owners and users in deals valued in excess of $500 million. Lanning has experience in all property types, but specializes in office .

Avison Young Adds McCaffrey Team in New Jersey
By CoStar Research

Avison Young added a team of brokers headed by William E. McCaffrey, a former EVP with CBRE, to bolster its New Jersey office.

McCaffrey, who has more than 26 years of commercial real estate experience, was named principal. Joining him at the firm is Peter C. Hedley and Timothy J. Cadigan, who were named vice presidents at Avison Young. Both most recently served as senior associates at CBRE in New Jersey.

Hedley specializes in the acquisition and disposition of commercial real estate, as well as lease negotiations on behalf of both tenants and landlords. Cadigan primarily focuses on tenant representation services for both office and industrial real estate.


Ortega Promoted at Penn-Florida Cos.
By Patrick O’Guinn

Ben Ortega was appointed senior vice president and lead project manager of project development at Penn-Florida Cos. in the firm’s Boca Raton, FL, office.

Ortega has been developing real estate for more than 30 years. His experience began in 1984 when he was a city planner for the state of California. Ortega has managed Class A multifamily projects from the initial planning stage to final product delivery. Since then he has served as senior development director for BRE Properties Inc., a publicly traded REIT, where he developed more than 2,400 Class A apartment units and was named BRE Developer of the Year.

Ortega has also worked with Fifield Realty Corp. as the vice president of development, where he was responsible for the budgeting and design of numerous Class A condominium projects valued at over $1 billion.


Colliers Hires New Managing Director
By Virgil Watson

Colliers International Tampa Bay named Nat Barganier as its new managing director of investment services in its Tampa Bay office. Barganier’s new responsibilities will have him teaming up with current principal and managing director of multifamily investment services John Stone.

Prior to joining Colliers, Barganier served as managing director of investment sales with Newmark Grubb Knight Frank, where he was recognized as a top producer in 2010 and 2011. Barganier has more than 25 years of experience in the commercial real estate industry, with extensive relationships throughout the industry.


Reilly Joins Avison Young
By Karen Kester

Frank Reilly joined Avison Young as a principal in the firm’s New York City office. Reilly will work to grow the company’s debt and equity transactions and execution for an array of financings, including: construction loans, permanent loans, mezzanine debt, preferred equity and joint ventures.

He was previously a principal at NY Urban, a regional mortgage banking firm, as well as a managing director of Newmark’s capital group. During his career, Reilly has completed more than $10 billion in debt and equity financings, sales and acquisition transactions for all property types. Notable clients include the Trump Organization, Related Companies and Blumfield Development Group, among many others.


Darby Opens Rise Realty in South Florida
By Melissa East

Keith Darby, a Miami-based broker with more than 10 years of commercial real estate experience has founded Rise Realty.

The new firm will specialize in strategic planning, space utilization, transaction management and financial structuring.

Darby was previously at ComReal of Ft. Lauderdale, where he represented large users of office space.

He was also a member of the firm’s corporate advisory group.


JLL Promotes Kossar to Market Director
By Kathryn Mackereth

Jones Lang LaSalle promoted Rob Kossar (pictured far left) to market director for New Jersey. In his new role, Kossar will oversee all activity in ’s three New Jersey offices, as well as Long Island.

Kossar is an industrial specialist and previously served as a partner with Klatskin & Associates. Klatskin was acquired by JLL in 2007, and Kossar has helped expand the company’s industrial business. Kossar will also continue to serve on the Brokerage Executive Committee and the Industrial Executive Committee for the Americas, which he chairs.

Jonathan Meisel (right), the outgoing market director, will stay with the company and shift his focus to office leasing. Meisel had been the market director for New Jersey since JLL’s entry into the market in 2004 and has grown the company’s market revenues to approximately $40 million.


Trammell Crow Re-Opens Seattle Office
By Leonard Darnelle Spencer II

Trammell Crow Co., a national CRE developer and investment firm, has re-opened its office in Seattle and has hired Mike Nelson, Craig Dobbs and Mark Netherland to re-establish its presence in the Puget Sound Region. In April 2013, Tom Woodworth will also join the company.

Nelson, as senior vice president, will oversee all development and acquisition projects, business ventures, finance and operations. He previously served as a senior investment director at Schnitzer West for 14 years where he developed or re-positioned more than 2.5 million square feet of Class A office space and 575 residential units, collectively valued at more than $1.4 billion. During his 21-year career, Nelson’s negotiated approximately $520 million of construction contracts and led the disposition exceeding $1 billion in commercial and residential asset sales. More


Follow the news on Twitter [at] LaurieForbes and [at] TheCoStarGroup. Check out last week’s edition of People of Note.

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