10:00 AM
Newmark is pleased to announce that six new team members have joined the firm’s expanding Valuation & Advisory practice. John Mackris, Bryan Younge, Gil Licudine, Robert Colantonio, Christopher Jarvis and Shawn Vetter are the newest members of Newmark’s Valuation & Advisory practice. Mackris, Younge, Licudine, Colantonio and Jarvis will be based in Chicago and Vetter will be domiciled in St. Louis, Missouri.
Bringing 21 years of experience to his role, John Mackris, MAI, MRICS, has joined the firm as a senior managing director and market leader for Illinois, Missouri and Kansas. Prior to joining Newmark, he served as an executive director with Cushman & Wakefield, also serving as a Midwest leader in the firm’s retail specialty practice. Before Cushman & Wakefield, Mackris worked for Terzo & Bologna, Inc. in Michigan as a senior appraiser. Throughout his successful career he has prepared and performed valuations and market analysis on a broad range of property types including super-regional malls, lifestyle centers, single-tenant retail, industrial, office buildings, mixed-use developments and vacant land, to name a few. Mackris has carried out valuations for mortgage financing, tax appeal, investment counseling, potential sale or purchase, leasehold and rental analysis and feasibility analysis. His clients have included commercial banks, developers, corporations, individual property owners, public agencies, insurance companies and legal firms.
Bringing nearly 20 years of experience to his role, Bryan Younge, MAI, ASA, FRICS, has joined the firm as an executive managing director and national practice leader of the Hospitality, Gaming and Leisure group. Prior to joining Newmark, he served as a managing director and national practice leader of the Hospitality and Leisure group with Colliers International Valuation & Advisory. Younge joined Colliers after nearly 13 years at Cushman & Wakefield, where he was the national practice leader of the Sports and Entertainment group and a senior member of the Hospitality and Gaming group. Throughout his esteemed career, he has completed appraisal, financial reporting and consulting assignments locally, regionally and globally for a wide range of property types, including resorts, hotels, stadiums, golf courses, amusement parks, office buildings, industrial facilities, shopping centers, multifamily housing and land. Younge has also provided litigation support related to bankruptcy, special servicing, condemnation, estate planning, receivership and other court-administered issues.
Gil Licudine, CPA, JD, joins Newmark’s Valuation & Advisory practice as a senior managing director and national leader of the firm’s Property Tax Services practice. He will lead a group of property tax professionals, MAI appraisers and valuation experts who serve the property tax needs of the firm’s clients across the United States. He brings over 21 years of experience assisting clients in all phases of the property tax cycle. He has managed regional and national portfolios of properties for a variety of clients including real estate investment trusts, institutional real estate investors, retailers, manufacturers and banks. In addition, Licudine has personally filed assessment appeals in Cook County, Illinois and successfully saved clients hundreds of millions of dollars in the process. Prior to joining Newmark, he was a managing director with Cushman & Wakefield and Midwest regional leader of the firm’s Property Tax practice. Before Cushman & Wakefield, Licudine served as a senior managing consultant / principal with Paradigm Tax Group to which he was recruited to serve as Geographic Leader of its Chicago office. Prior to Paradigm, he was a director with PricewaterhouseCoopers and a senior manager with Deloitte.
Also joining Newmark’s Valuation & Advisory practice is industry veteran Robert Colantonio, MAI, MRICS, who will serve as a senior vice president and industrial property valuation leader for Illinois, Missouri and Kansas. Based in the firm’s Chicago-O’Hare office, he will provide valuation services and lead a staff of industrial appraiser professionals who provide valuation services in the Midwest. Throughout his 25 years in the industry, Colantonio has successfully prepared and performed valuations and market analyses on a myriad of property types and has also carried out valuations for mortgage financing, use-value, tax appeal, investment counseling, real estate allocation, potential sale or purchase, leasehold and rental analysis, and feasibility analysis. Prior to joining Newmark, Colantonio was a senior director with Cushman & Wakefield for over 16 years. Before Cushman & Wakefield, he worked in the industry as an independent fee appraiser in the Chicago area.
Christopher Jarvis, MAI, joins Newmark’s Valuation & Advisory practice as a first vice president. He brings over 20 years of experience performing valuations for all types of existing and proposed properties throughout the U.S., including office, industrial, retail and lodging facilities, with a particular focus on multifamily properties. Prior to joining Newmark, Jarvis was a vice president with CBRE’s Valuation & Advisory Services group in Chicago for 13 years. Before CBRE, he served as a senior commercial appraiser in the Tampa office of Deloitte & Touche. Jarvis began his professional career as a staff appraiser in the St. Louis, Missouri office of Arthur Andersen.
With 24 years of industry experience, Shawn Vetter has joined the firm as a senior vice president and will be based in the firm’s St. Louis, Missouri office. A highly experienced appraiser, he has prepared and performed valuations and market analyses on a broad range of property types, with a focus on multifamily. Prior to joining Newmark, he served as a senior appraiser with CBRE, Inc. in St. Louis, Missouri. Before joining CBRE in 2001, Vetter worked for private firms in St. Louis and in Kansas City, Missouri.
“Chicago and the three state Midwestern market was a critical territory for us and is one of the final ‘pieces of the puzzle’ of our U.S. V&A platform. This block of hires consists of three national specialty practice leaders and three seasoned regional professionals so it was obviously an impactful ‘get’ for us,” said John Busi, president of Newmark’s Valuation & Advisory group. “It’s awesome to reconnect with John, Bryan, Rob and Gil whom I’ve watched grow into industry leaders and to have the opportunity to work with Chris and Shawn for the first time. With John leading the charge in the Midwest and Bryan and Gil building out and advancing national practice groups we are poised to create dominant practices that will take our new business to the next level.”
About Newmark
Newmark is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. Newmark’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing, corporate advisory services, consulting, project and development management, property and corporate facilities management services, valuation and advisory services, and capital markets services provided through its Newmark Capital Markets brand. For further information, visit www.ngkf.com.
Newmark is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.