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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.

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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.

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