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Newmark is pleased to announce that five new team members have joined the firm’s expanding Valuation & Advisory practice. Laurel A. Keller, MAI, Christopher Orlando, MAI, John A. Kelley III, CHIA, Benjamin Scott and Roudy Oliver are some of the newest members of Newmark’s Valuation & Advisory practice and will be based in the firm’s Cleveland, Ohio office.
“Over the past year, Newmark has greatly enhanced its V&A practice locally, regionally and nationally. In fact, Newmark’s V&A team has grown from approximately 15 people to over 300 people nationally since March of 2017, and continues to expand,” said Rob Vodinelic, MAI, MRICS, senior managing director and market leader of Newmark’s Valuation & Advisory group in Ohio, Indiana and Kentucky. “This new team of hires in Cleveland, consisting of top-tier V&A professionals, was critical to our firm’s mission in continuing that expansion in the Midwestern market. I’m confident that this new team’s deep market knowledge, along with the development of our V&A platform regionally and nationally, will prove to be a recipe for success for our firm and in providing top-tier service to our clients.”
Bringing 22 years of experience to her role, Laurel A. Keller, MAI, has joined the firm as a senior vice president. A member of the V&A team’s Hospitality, Gaming & Leisure specialty practice, she brings substantial expertise in the valuation and advisory of hotels, resorts, amusement and theme parks, family entertainment centers, golf courses, casinos, campgrounds and other leisure-related assets to her role. Throughout her esteemed career, Keller has completed appraisal and consulting studies for existing and proposed properties in 34 states and has appraised individual assets ranging in value from less than $1 million to well over $100 million. She has completed assignments for a number of major hospitality brands and management companies, making use of her extensive knowledge of brand criteria, best practices and current market trends. She has also provided litigation support related to tax appeals. Prior to joining Newmark, Keller served as a vice president with Hotel & Leisure Advisors, where she was responsible for completing appraisals, feasibility studies, economic impact studies, brand-on-brand impact studies and operational reviews for various hospitality-related assets throughout the United States.
Bringing over a decade of experience to his role, Christopher Orlando, MAI, has joined the firm as a senior vice president in the Northeast Ohio region of the Valuation & Advisory group. His responsibilities include business development, overseeing a team of appraisers within Northeast Ohio and preparing and reviewing appraisal reports on a diverse spectrum of property types. Prior to joining Newmark, Orlando served as a vice president with CBRE, where he worked in various appraiser positions since joining the firm in 2009. Throughout his career, he has worked with clients on a wide variety of property types including office, retail, industrial, multi-family, special use assets, medical facilities and complex mixed-use developments. Orlando has also provided valuation analyses on Federal and State Historic Tax Credits, Tax Increment Financing (TIF) arrangements and a variety of tax abatements.
John A. Kelley III, CHIA, an eight-year hospitality and leisure real estate veteran, joins Newmark as a senior analyst. He brings substantial expertise in valuation and advisory in amusements, convention and conference centers, hotels and resorts, waterparks and other leisure-related assets to his role. Throughout his career, Kelley has completed appraisals and studies on assets ranging between $1 million to more than $300 million. Prior to joining Newmark, he was a senior associate with Hotel & Leisure Advisors, where he was responsible for completing appraisals, feasibility studies, economic impact studies, impact studies and operational reviews for various hospitality-related assets throughout the United States; some unique assets included indoor waterpark resorts, aquariums, municipal aquatic centers, and mixed-use developments.
Also joining Newmark’s Valuation & Advisory practice is Benjamin Scott, who will serve as a senior analyst. Scott brings broad experience in several aspects of the corporate real estate industry to his role, including valuation, development and transactions. Prior to joining Newmark, Scott was an appraiser with CBRE, where he researched and drafted appraisal reports for commercial real estate valuations. Before CBRE, he worked as a project manager with a Cleveland-based real estate developer.
Roudy Oliver joins Newmark as a senior analyst, bringing experience in the appraisal of multifamily, office, industrial, retail, parking facility, and mixed-use properties. Prior to joining Newmark, Oliver was an associate with Cushman & Wakefield. Before Cushman & Wakefield, he served as an analyst and appraiser assistant with VSI Appraisal Group in Columbus, Ohio.
About Newmark
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. 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. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), 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 “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 “BGCA”.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s and BGC’s Securities and Exchange Commission filings, including, but not limited to, any updates to such risk factors contained in subsequent Forms 10-K, 10-Q, or Forms 8-K.