NEW YORK CITY—JLL has hired Amanda Bokman as a managing director. She will be responsible for new business development and tenant representation services. Bokman has eight years of experience in New York metropolitan-area commercial real estate leasing, following five years in CRE acquisitions earlier in her career. Prior to joining JLL, Bokman was a SVP with a major brokerage firm here, focusing on large acquisition and disposition assignments involving office and industrial properties. Earlier, she served as CFO for 15 years at several wholesale and retail apparel companies

RKF, the retail leasing, investment sales and consulting firm, has promoted several brokerage associates. Former associates David Abrams, Tess Jacoby and Chris Johnson are now senior associates, all specializing in both landlord and tenant representation. Meanwhile, canvassers David Goldschmidt, Michael Paster, Chris Masi and Hunter Rief all have been promoted to associate after joining RKF last year.

Arbor Realty Trust has announced the recognition of a $58 million net gain related to its investment in 450 W. 33rd St. In 2007, the company received net proceeds of approximately $58 million from the closing of this transaction and recorded a corresponding net deferred gain as a result of guarantying a portion of the property's indebtedness. In July 2014, the existing debt on the property was refinanced and the company's portion of the guarantee terminated, resulting in the recognition of the deferred gain for GAAP purposes. The recognition of this gain will increase, on a pro-forma basis, the company's previously disclosed March 31, 2014 GAAP book value per common share by $1.16 to $8.71 from $7.55 per common share.