This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Newmark Grubb Knight Frank Hotels Expands With Key Hires

Stocks in this article: BGCP

NEW YORK, Jan. 16, 2013 /PRNewswire/ -- Newmark Grubb Knight Frank (NGKF), one of the world's leading global real estate advisory firms, today announced the addition of three hospitality professionals to its rapidly growing NGKF Hotels group, an extension of NGKF Capital Group. Joe Weinberger joins as a managing director, Jonathan Kule as a vice president, and Rachel Cohen as an associate.

(Logo: http://photos.prnewswire.com/prnh/20121115/NY14588LOGO )

The hires reinforce NGKF Capital Group's commitment to attract top talent as it continues to expand its offerings as a comprehensive, best-in-class advisor for the hotel industry.

"These new members of our group add invaluable capability and depth of hospitality expertise," said Michael Lehrman, global head of real estate at NGKF parent company, BGC Partners, Inc. "By equipping Joe, Jonathan, Rachel and all of our industry-leading capital markets professionals with the unparalleled, integrated resources of NGKF Capital Group, including Landauer Valuation & Advisory, as well as Cantor Fitzgerald and Cantor Commercial Real Estate (CCRE), we offer clients a service platform like no other. We are ideally positioned to address every aspect of our clients' real estate and finance needs."

NGKF President and head of NGKF Capital Group James D. Kuhn stated, "Halfway into our one-year plan to build a fully integrated capital markets platform, in addition to the nearly 150 capital markets and investment sales professionals acquired through the acquisition of Grubb & Ellis, we have added more than 35 high-level capital markets executives in the last six months, and we are only getting started."

Clients benefit from the capital markets prowess and the global reach of full-service commercial real estate advisory firm NGKF and its London-based partner, Knight Frank, according to Jonathan Falik, head of hospitality capital markets and head of hotel investment sales for NGKF Hotels.

"The combined platform of NGKF, its affiliates and partners includes a wide spectrum of services such as site selection and feasibility analysis, appraisal, acquisition due diligence, joint venture equity raising, mortgage finance, property and facilities management, investment sales, strategic retail advisory and more," commented Mr. Falik. "We have the expertise, the capability and the experience to add value for our clients throughout the transaction and ownership cycles.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs