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Newmark Grubb Knight Frank (NGKF), the nation’s fastest-growing commercial real estate services firm, announced it has built on recent growth in its Southern California offices with the addition of Michael F. Kane as Executive Managing Director in its Capital Markets group.
Mr. Kane, with over $6 billion in sales, acquisitions and dispositions of institutional quality properties during his 20+-year career, joins the Capital Markets group in the firm’s Downtown Los Angeles office, where he will concentrate on the greater Western U.S. and represent clients nationally. As part of the Capital Group’s Southern California team, he will focus primarily on providing investment sales and capital solutions expertise to both private and institutional office and industrial owners and lenders.
Mr. Kane most recently served as a senior director in the Strategic Partners division of CBRE Global Investors, as well as senior vice president with CBRE, and is the sixth executive-level capital markets broker in Southern California to join NGKF in recent months.
“We are building a world-class capital markets group and are now a powerhouse in the western United States following additional hires in top markets like San Francisco, Las Vegas, Denver and Phoenix,” said James D. Kuhn, president of NGKF. “Our unmatched platform continues to attract superb talent like Michael, giving clients access to the brightest in the industry to help them achieve maximum value through every contingency, whether it be to assist in complex investment decisions, secure financing or to manage distressed properties.”
“The unique combination of highly skilled debt and equity professionals, as part of NGKF’s fully integrated real estate platform, presents an unparalleled opportunity to provide clients with specialized real estate solutions to achieve their objectives,” stated Mr. Kane.
Mr. Kane provided clients with high-level investment analysis and strategic planning in his previous position, executing more than $700 million in acquisitions and dispositions of institutional quality office buildings. Prior to joining CBRE Global Investors in early 2010, he worked for a decade in the institutional group of CBRE Capital Markets in Newport Beach, Calif., most recently as a senior vice president, co-leading an investment sales team that generated average annual gross revenue of $4.4 million. He sold or acquired more than 130 properties, amounting to more than 26 million square feet, as well as more than $160 million in land transactions.
Mr. Kane was named one of the top 25 sales professionals in the Orange County region five years in a row, including three years among the top 10 in Newport Beach. Costar named him a Power Broker from 2006 through 2009, and he was named Newport Beach’s Rookie of the Year in 2001. In the 1990s, Mr. Kane worked for more than five years as a real estate appraiser specializing in institutional-grade properties, and he served as an acquisitions analyst with Insignia Financial Group. He earned his bachelor’s degree in finance from Loyola Marymount University in Los Angeles.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, Newmark Grubb Knight Frank employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, Newmark Grubb Knight Frank’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, Newmark Grubb Knight Frank serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newmark Grubb Knight Frank is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.