Niko Nicolaou and Ryan Dowd have been named co-leaders of Cushman & Wakefield’s Multifamily Capital Markets Group based in the East Rutherford office.
In addition, the firm announced it has recruited three market leading professionals – Justin Lupo, David Jarvis and David Oropeza – who will serve as executive managing directors based out of the same office.
With their extensive expertise, C&W officials feel Nicolaou and Dowd will play a pivotal role in expanding the team’s capabilities and delivering best-in-class services to clients, while the new additions to the team will focus on enhancing market coverage as they specialize in urban housing and garden apartments. “The appointment of Niko and Ryan to lead our Multifamily Capital Markets platform is an exciting development for us and we are thrilled to welcome our new team members,” Peter Bronsnick, managing principal of New Jersey, said. “With a deliberate strategy to expand our offerings in the multifamily sector, the guidance and expertise of our new co-leads and the invaluable experience of our new hires will undoubtedly contribute to the prosperity of this market. Backed by Cushman & Wakefield’s global platform and extensive resources within capital markets, we aim to bring a new level of sophistication to the multifamily sector that has never been seen before.”
Nicolaou has more than 15 years of experience representing a wide variety of property owners and investors, from institutional entities and private equity funds to family offices and private individuals. Dowd brings over 10 years of experience to his new role, successfully executing numerous multifamily transactions ranging from trophy luxury towers to infill development projects within several of the region’s prominent suburban communities.
As co-leaders of the Multifamily Capital Markets Group, Nicolaou and Dowd will collaborate to drive growth initiatives, foster client relationships and deliver innovative solutions to clients in the multifamily sector.
Jarvis joins Cushman & Wakefield from Gebroe-Hammer Associates, where he served as executive vice president for over 20 years. He began working in family real estate in 1994, and throughout his career has been involved in transactions totaling over $7 billion. Oropeza also joins from Gebroe-Hammer Associates after nearly 37 years with the firm. In his nearly four-decade tenure, Oropeza has been involved in the sale of billions of dollars of multifamily, office and retail properties and has completed the sales of thousands of buildings. Lupo brings nearly a decade of experience in the multifamily industry to his new role. Prior to joining Cushman & Wakefield, Lupo was a Senior Vice President at The Kislak Company Inc., specializing in the sale of investment properties in the Mid-Atlantic where he was consistently one of Kislak’s leading salespeople.
John O’Neill, President, U.S. Multifamily Capital Markets, said the group will greatly enhance C&W’s market coverage.
“Their addition fills a critical gap in the New Jersey market, enabling us to cover the full range of the multifamily asset class in the region,” he said. “Through a strategic partnership with the firm’s Equity, Debt & Structured Finance team and the legacy capital markets team, the Multifamily Capital Markets Group will have access to unprecedented resources and relationships, enabling us to grow our market share as we set our sights on being the number one team in the multifamily sector.”