This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Newmark Grubb Knight Frank Strengthens Its Commitment To Las Vegas And International Gaming Industry With Hires Of John J. Knott II And Michael R. Parks

LAS VEGAS and NEW YORK, July 20, 2012 /PRNewswire/ -- Newmark Grubb Knight Frank has further strengthened its leading position in the global gaming market with the addition of two of the top executives in the business: John J. Knott II and Michael R. Parks.

"As the gaming industry continues to evolve into a truly global business, we are attracting the very best and most committed professionals to join our team, those who understand the nuances of this industry and the needs of our clients," said Michael Lehrman, head of Global Real Estate at BGC Partners, Inc. (NASDAQ:BGCP). "John and Michael are both natural choices who will be instrumental in expanding our capabilities worldwide."

Knott and Parks were the founders of the Global Gaming Group, based in CBRE's Las Vegas office.  Knott, an executive vice president, and Parks have completed more than $3 billion in gaming property and land sales. Notable sales include:  Las Vegas Hilton, Sahara, Caesars Tahoe, Flamingo Laughlin, Trump Marina in Atlantic City, Fitzgeralds and, most recently, Boomtown in Reno.  In addition, the team set the land price for the Singapore government for the country's two integrated resorts. 

"Newmark Grubb Knight Frank, one of the fastest growing commercial real estate firms in the industry, is unique in its ability and commitment to serve all aspects of the industry including casino investment sales and finance," Mr. Lehrman said. "While the national and local economies are still in recovery, we are unwavering in our confidence in the fundamental strength and value of the gaming, hospitality, lodging and leisure sectors, and are committed to serving the marketplace with an incomparable team offering unrivaled expertise and resources."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs