Real Estate’s Biggest Turnover in 20 Years

The commercial real estate sector, known for its dynamic players, has seen significant movement among industry leaders in brokering (leasing and sales), management (including top executives), and lending, largely influenced by a volatile market. Recent months have witnessed notable shifts, such as Darcy Stacom leaving CBRE to establish her own firm, JLL removing Bob Knakal abruptly, and Marty Burger, the former CEO of Silverstein Properties, teaming up with Andrew Farkas for a new real estate venture. Other changes include Paul Darrah’s move from Google to head up Citadel’s real estate operations, Jonathan Pollack’s transition from Blackstone Real Estate Credit to become the president of Starwood Capital Group, and various other notable shifts in the industry. Examples include Robert Futterman’s return to Newmark, Jonathan Firestone’s switch from Eastdil Secured to Newmark, Christopher Lawton’s departure from Bank OZK for Nuveen Green Capital, and the moves of office brokers Howard Hersch and Steven Rotter from JLL to positions at Newmark, among others, extending even to the West Coast.

*Article courtesy Commerical Observer

For more information about New Jersey, Pennsylvania or New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to WCRE, is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage firm that specializes in healthcare, office, retail, land, industrial, and investment properties.

WCRE is a full-service CORFAC International brokerage, and advisory firm that provides a full range commercial real estate listings, services and property management services for landlords, owners, investors, tenants and more.

As experts in tri-state region, the WCRE team provides ongoing detailed information about commercial properties to our clients and prospects to help them achieve their commercial real estate goals.