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NKF Continues National Expansion of its Valuation & Advisory Practice in Five Key Markets

Columbus, OH (04/03/2019)

10:00 AM

Newmark Knight Frank (NKF) is pleased to announce the expansion of five Valuation & Advisory (V&A) offices throughout Ohio, Indiana and Kentucky, led by Senior Managing Director, NKF V&A Market Leader and Industrial/Logistics Practice Leader, Robert J. Vodinelic, MAI, MRICS. Dynamic teams have been established in its Cleveland, Cincinnati, Columbus, Indianapolis and Louisville offices. Ryan Cloern and Jennifer Cundiff are the newest members of the 18-person regional team, which also includes Thomas Sherick, MAI, Kelly Fried, MAI, Ron Dooman, MAI, Julie Kahn, and Robert Kamb. These professionals bring deep experience across the full spectrum of core asset types and several specialty practices, setting up the regional V&A practice for continued leadership within these markets.

Ryan Cloern joins NKF's Louisville office as vice president, focusing on Kentucky commercial real estate. Previously from Valbridge Property Advisors, he brings with him more than 15 years of experience in appraisals, market studies and consulting services for a wide variety of commercial property types with an emphasis in the multifamily sector.

Vice President, Jennifer Cundiff, is also based in NKF's Louisville office and focuses on the preparation of appraisal reports on a broad spectrum of property types. Ms. Cundiff has more than 15 years of experience working with clients on a wide variety of property types, including retail buildings and shopping centers; restaurants; auto dealerships; office buildings; and industrial facilities. She also joins NKF from Valbridge Property Advisors.

Thomas Sherick brings more than 25 years of experience to NKF's Cincinnati office, serving the Southwest Ohio area as senior vice president. His areas of expertise include appraisal reports for a variety of property types, valuation analyses on TIF arrangements, a variety of tax abatements and litigation assignments, including appraisal preparation and expert witness testimony. He previously worked for more than 19 years with Gem Real Estate Advisory Group.

Kelly Fried also services the Southwest Ohio area as senior vice president and is based in the Cincinnati office. She has more than 17 years of experience in preparing appraisal reports across a wide spectrum of property types, providing valuation and consulting services on federal and historical tax credits, TIF and tax abatements. She has also prepared and provided expert witness testimony in litigation assignments and tax appeal cases throughout the region. She was most recently a Senior Vice President at Gem Real Estate Advisory Group, where she spent 11 years of her career.

Senior Vice President, Ron Dooman, based in NKF's Indianapolis office, brings with him more than 14 years of experience in the valuation industry. He has worked across a spectrum of property types and provided valuation analyses on a variety of tax credits, TIF arrangements, financing subsidies and tax abatements. He also has experience with financial reporting assignments, including FASB/IFRS compliant debt valuation and purchase price allocation. He joins NKF from Capital One/ GE Capital, where he spent three years. Dooman also spent three years at Cushman & Wakefield and held senior roles at CBRE and ARC/David A. Kunkel/Peterson Appraisal Group earlier in his career.

Julie Kahn brings with her more than 11 years of experience to NKF's Columbus office as vice president, working across a wide variety of property types including office, industrial, medical use facilities and special use assets. She joins NKF from Cushman & Wakefield, where she spent approximately two and a half years. She also spent time earlier in her career at Ohio's Office of Real Estate and Planning.

Vice President, Robert Kamb, based in the Columbus office, has more than 15 years of experience providing appraisal and consulting services to investors across a number of property types, including a particular focus in the multifamily sector. Prior to joining NKF, he worked at Cushman & Wakefield for six years, serving as a member of the firm's national Multi-Family Practice Group. He also previously worked at Wells Fargo and Vogt Strategic Insights.

"We're delighted to provide premium valuation and advisory services in this region with the superior efforts of this extraordinarily talented team," said Mr. Vodinelic. "Their diverse experience and deep understanding of the local landscape and trends in these markets continues to add value to our practice."

About Newmark Knight Frank
Newmark Knight Frank ("NKF"), operated by Newmark Group, Inc. ("Newmark Group") (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF's investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. 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. For further information, visit www.ngkf.com.

Discussion of Forward-Looking Statements about Newmark Group
Statements in this document regarding Newmark Group 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 Group 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 Group'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.

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Newmark Knight Frank
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