NEW YORK CITY—Blake Okland will head US multifamily for ARA, a Newmark company, moving up into his new post from vice chairman. In his new position, Okland will identify and execute strategic initiatives nationwide and also lead business development for ARA Newmark.
“NGKF has made significant investments in building a robust capital markets platform composed of the industry's best brokers collaborating on a global scale,” Okland says. “Working alongside NGKF Capital Markets and utilizing the capital base of our global platform, we will build out ARA Newmark to the same standard and will better serve our clients as a truly national, integrated brand.”
Okland briefly served as the investment advisory firm's head of US multifamily on an interim basis last year, while also serving as a senior partner in the Carolinas operation. Previously he served on ARA's national executive committee for five years and played a critical role in the firm's 2014 acquisition by BGC Partners Inc., at which time it became part of Newmark Grubb Knight Frank.
“We are determined to provide the resources necessary to make NGKF the top capital markets operation in all major cities and market sectors,” says NGKF CEO Barry Gosin. “Blake is the best in the business and I have no doubt he will lead ARA Newmark to be the preeminent multifamily practice in the nation.”
Several economic factors have resulted in net positives for the multifamily sector and prices in core markets are at an all-time high. But just how long can the market continue on this trajectory? Join us at RealShare Apartments East on Feb. 28 and March 1 for insights on succeeding in the right markets as well as navigating and finding opportunities in the more challenging ones. Learn more.
“NGKF has made significant investments in building a robust capital markets platform composed of the industry's best brokers collaborating on a global scale,” Okland says. “Working alongside NGKF Capital Markets and utilizing the capital base of our global platform, we will build out ARA Newmark to the same standard and will better serve our clients as a truly national, integrated brand.”
Okland briefly served as the investment advisory firm's head of US multifamily on an interim basis last year, while also serving as a senior partner in the Carolinas operation. Previously he served on ARA's national executive committee for five years and played a critical role in the firm's 2014 acquisition by BGC Partners Inc., at which time it became part of Newmark Grubb Knight Frank.
“We are determined to provide the resources necessary to make NGKF the top capital markets operation in all major cities and market sectors,” says NGKF CEO Barry Gosin. “Blake is the best in the business and I have no doubt he will lead ARA Newmark to be the preeminent multifamily practice in the nation.”
Several economic factors have resulted in net positives for the multifamily sector and prices in core markets are at an all-time high. But just how long can the market continue on this trajectory? Join us at RealShare Apartments East on Feb. 28 and March 1 for insights on succeeding in the right markets as well as navigating and finding opportunities in the more challenging ones. Learn more.
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
