Newmark is pleased to welcome Senior Managing Director Gil Licudine to the Valuation & Advisory (V&A) group as National Leader of the firm’s Property Tax Group. In this capacity, Licudine will grow the practice by pursuing new business and cross-selling across the many platforms Newmark has to offer, including Global Corporate Services, Capital Markets and Property Management to name a few.
Throughout his career, Licudine has assisted clients in all phases of the property tax cycle: pre-acquisition due diligence, assessment review and appeals, informal negotiations with assessing officials and presentations before formal boards of review. 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.
“The opportunity to build and grow a national property tax practice from the ground up with a firm like Newmark and the support of the V&A leadership is really unprecedented,” said Licudine. “I’m excited to be able to work alongside the best people in the industry and build out the rest of our national practice with strategic acquisitions and more hires. The reception we’ve received in the marketplace has been stellar; property owners appreciate that the single-most important factor in the success of an assessment appeal is valuation expertise, and the talent that Newmark has assembled is unparalleled. I can’t wait to see what our future holds.”
“Gil has proven himself to be a demonstrated leader and expert property tax professional, serving a multitude of diverse clients across the country,” commented V&A President John Busi. “We are committed to growing a multidimensional property tax practice and will assemble the top talent in the US for this specialized team as we perpetuate best-in-class service for Newmark’s growing V&A practice.”
Licudine has been joined by new members in the rapidly expanding Valuation & Advisory Practice: Managing Director Jonathan Sanders located in Houston, TX; Managing Director Patty Richards and Senior Administrative Assistant Weslee Davis, both in Chicago, IL; and Director of Business Development Bob Trigg, located in St. Louis, MO.
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”.
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