NEW YORK, Sept. 20, 2012 /PRNewswire/ -- Newmark Grubb Knight Frank ("NGKF") has named five seasoned professionals to the executive board of its recently acquired commercial real estate appraisal and valuation consulting division, Landauer Valuation & Advisory ("Landauer"), which is led by Robert Von Ancken, MAI, CRE, FRICS.
Gerald R. Sanders, Lynda Gallagher, Greg Kendall, David Wood and Milton Chacon will join board Chairman Mr. Von Ancken in implementing the expansion of the platform throughout NGKF's global real estate services operations.
"The extraordinary team at Landauer provides another boost to our capacity to cover the entire spectrum of real estate services," said NGKF President James D. Kuhn. "The platform is designed to create long lasting relationships with clients who view us as an extension of their organizations. With the ever-changing nature of the commercial real estate industry and the impact those changes have on property values, there is a critical need for best-in-class valuation advisory services."Mr. Von Ancken, who is based in NGKF's New York headquarters, is recognized as one of the country's foremost experts, having appraised hundreds of billions of dollars of real estate throughout his career. A 40-year veteran of the business, Mr. Von Ancken noted that he is gratified to be part of a dynamic, growing global firm. "We efficiently and effectively leverage the prodigious data available to us because we are not just observers of the market. We are in the market, developing, providing capital, negotiating deals and resolving disputes," he said. Mr. Sanders, MAI, MRICS, also based in New York, added that "the Landauer operation supported by Newmark Grubb Knight Frank, BGC Partners and its affiliate Cantor Fitzgerald is a key part of this game-changing platform in commercial real estate. With our expansive footprint and complete range of service offerings supported by BGC's robust, proprietary technology platform, we are one of the most dynamic and innovative service providers in the industry." Mr. Sanders will head business development and institutional client relations for Landauer. He has more than 25 years of experience valuing, providing specialty consulting services and expert witness testimony for all types of complex institutional real estate assets nationwide.