Newmark Knight Frank announced another milestone in the development of its Valuation & Advisory (V&A) practice, with the acquisition of the assets of two Integra Realty Resources (IRR) offices, located in Boston and Pittsburgh.
The acquisitions were led by Barry Gosin, NKF’s chief executive officer, and John Busi, president of V&A.
The move augments the recent hiring of specialized leaders in NKF V&A’s service sectors, including: Healthcare / Seniors Housing; Hospitality, Gaming & Leisure; Industrial / Logistics; Mission Critical / Data Centers; Multihousing; Retail / Regional Malls; Self Storage; Financial Reporting and Property Tax.
The firm has also recently expanded its coverage throughout the Americas with the recent hiring of V&A leaders in Canada and Mexico.
The V&A practice has brought together some of the industry’s most sought-after regional businesses, market and asset class leaders, and recognized professionals in less than 18 months’ time.
“The rapid growth of NKF’s Valuation & Advisory practice adds substantial value for our clients, making it a key success for the firm,” said Newmark CEO Barry Gosin.
“As the valuation market continues to evolve in 2018, our strategy will adapt to the shifting landscape and will support the continued upwards trajectory of our platform.”
Added Busi, “We believe what we have accomplished with the V&A team could only have happened at NKF, which is committed to advancing this business. Our CEO, Barry Gosin, has been completely aligned with our vision and with the strategies that will help us optimize our goals.”
NKF has now acquired the assets of eight Integra Realty Resources offices,across the country as part of the company’s ground-up construction of its Valuation & Advisory.