Women of Influence

Nathan Sciarra has been named a principal and shareholder of the firm and Leah Pitts has been named a director.

Borrowers looking to secure debt and those that already have debt should expect to see lenders adopting SOFR language this year.

Lenders are trying to maintain discipline as competition rises for deals in the debt markets.

This year CBRE is finding that the capital markets are more cautious on buildings with more than 15% of their space dedicated to flex.

Investors are making strategic adjustments as the cycle matures and opportunities for yield become scarce.

They are succeeding in a male-dominated field as the U.S. Dept. of Labor estimates only about 10 percent of workers in construction are women.

MacKay joined Cushman & Wakefield's board of directors in 2018. She was most recently a senior advisor to iStar, a New York City-based investment REIT that finances, invests in and develops real estate and real estate related projects.

On the heels of announcing Nadine Watt as a new CEO, the firm names John Devereux as president.