Business Management People on the Move
Vonderahe Promoted to Associate Director of Asset Services at CBRE
Cori McLain Vonderahe has been promoted to associate director of asset services at CB Richard Ellis Inc.
Bridge Development Expands to Miami, Appoints Carroll to Principal
Bridge Development Partners L.L.C. has opened an office in Miami and appointed Kevin Carroll principal to operate the new location.  In this capacity, Carroll will be responsible for acquiring and developing office and industrial real estate throughout Miami-Dade, Broward and Palm Beach Counties.
Agree Realty Promotes O'Leary to VP, Development
Agree Realty Corp. promoted Patrick O'Leary to vice president of development. O'Leary's responsibilities include implementing and directing new development opportunities throughout the West Coast and Southeast United States. Mr. He previously held the title of director of development
Kojaian Appointed Chairman of Grubb & Ellis
Grubb & Ellis Co. said that its board of directors has unanimously appointed C. Michael Kojaian non-executive chairman of the board, effective immediately.  Kojaian replaces Glenn Carpenter, who is stepping down as chairman, but remains on the board as an independent director.
kimball Big Changes Continue at GVA
GVA Worldwide, which has undergone some major changes of late, including the buyout of a majority stake in its New York-based subsidiary and the retirement of its CEO in October, has made another move with the addition of a new president & CEO focused on North America and another for Asia and Europe.
Bibby Takes Over as Grosvenor CEO
Andrew Bibby has assumed the role of CEO for Grosvenor Americas, the U.S. and Canadian operations are of private property development, investment and fund management firm Grosvenor Group. Bibby previously served as the firm’s chief development officer.
Freddie Mac’s New Chief Credit Officer Brings Strong Credentials to Tough Task
Freddie Mac today named Raymond G. Romano chief credit officer. Romano had been the company’s senior vice president of credit risk oversight since joining Freddie Mac in 2004 and in September also took the position of acting chief credit officer.
maggiacomo Sperry Van Ness Gets New President
Sperry Van Ness International will kick off the new year with a new president, now that the real estate brokerage firm's board of directors has voted unanimously to push COO Kevin Maggiacomo up the ladder to the new position.
Charles Dunn Promotes Harris to Senior Director
Susan Harris has been promoted to senior director at Charles Dunn Co., a partner of GVA Worldwide. Based in Los Angeles, she was formerly director of its retail services group.
New SEC Head Faces Tough Tasks
President-elect Barack Obama has picked Mary Schapiro to chair the Securities and Exchange Commission. Schaprio was a member of the SEC from 1988 to 1994--originally appointed by President Reagan--and is currently CEO of the non-governmental Financial Industry Regulatory Authority, a post she has held for about two years. She also chaired of the Commodity Futures Trading Commission for two years during the Clinton administration.
Liquid Realty Hires Gabrielsen as Associate
Liquid Realty Partners has hired Rein Gabrielsen as associate. In this role, Gabrielsen has responsibility for portfolio management functions of the firm's investments, and participates in investment analysis and reporting for Liquid Realty's funds.
Wade Returns to Grubb as VP, Office Group
Grubb & Ellis Co. said today that 28-year industry veteran Sherrie Wade has rejoined the company’s San Antonio office as vice president, office group.  In this position, she will be responsible for representing landlords, tenants, buyers and sellers in office related transactions.
Sperry Van Ness Adds Two Brokers
Sperry Van Ness Real Estate Services L.L.C. has expanded its expertise in the Phoenix brokerage market and has hired Barbara McKenney as senior advisor and Heather Cheney as an advisor.
Snyder Joins KBS Capital as CFO
KBS Capital Advisors, an affiliate of KBS Realty Advisors,  has appointed  David Snyder its chief financial officer with responsibility for the company’s growing portfolio of non-traded publicly offered real estate investment trust products.
MGM Mirage Creates Global Gaming Division
MGM Mirage Hospitality has formed MGM Mirage Global Gaming Development, a new division that will focus on expanding MGM Mirage Hospitality into new markets internationally with luxury resorts, both with and without gaming. The division’s president will be Lloyd Nathan, who has been with the company since 2002.
Liquid Realty Taps Graham as Analyst
Liquid Realty Partners has hired John Graham as analyst.  In this capacity, Graham participates in the evaluation of real estate secondary investments.
Ross Joins Grubb as SVP
Grubb & Ellis Co. announced that 28-year commercial real estate veteran Michael Ross has joined its downtown Los Angeles office as a senior vice president, responsible for investment sales on behalf of institutional and high net worth investors.
Madison Apartment's Niklaus Named IREM President of  Delaware Valley Chapter
Anne-Marie Niklaus, regional vice president of Madison Apartment Group L.P., the multifamily operating arm of BPG Properties Ltd, has been named president of the Delaware Valley Chapter of the Institute of Real Estate Management.  In her new role, Niklaus is responsible for leading various IREM initiatives in 32 counties, driving membership efforts and fundraising for the IREM Foundation.
KPMG Taps Diliberto as Managing Director
Frank Diliberto joins KPMG Corporate Finance L.L.C. as managing director with real estate services, heading the company’s real estate auction platform.
Halvorson Joins Hanley Investment as SVP, Arizona Retail
Hanley Investment Group Real Estate Advisors said today that industry veteran John Halvorson has joined the company as a senior vice president to focus on the Arizona retail market.
Molinaro Koger's Founder Passes Away at 86
Molinaro Koger announced today that Joe Molinaro, the firm's founder, died at Memorial Hospital in Easton, Maryland. He was 86.
Gavinet Takes Over as New CFO for Younan
Younan Properties Inc. has appointed Andres Gavinet to the role of CFO.
Economou Joins Grubb as EVP
Richard Economou has joined Grubb & Ellis Co.'s New York office as executive vice president.  Specializing in the finance, insurance and real estate sectors, he brings more than two decades of commercial and retail real estate experience to the firm, including experience with real estate turnaround transactions.
CBRE Promotes 4 to SVP
CB Richard Ellis has promoted Sacha Zarba, Doug Lehman, Andrew Sussman and Bill Mooney to senior vice president.  They were previously first vice presidents.
Jones Lang's Meyer Named President, Society of Industrial, Office Realtors
The head of Jones Lang LaSalle’s industrial practice, Craig Meyer has been named the new president of the society of industrial and office realtors.
 

Real Estate Developers Look for New Centers of Opportunity


Real estate players involved in commercial real estate development know the importance of keeping up with the latest industry trends. From professionals in commercial real estate development to real estate mortgage lenders, Commercial Property News keeps tabs on the latest moves in the industry.