New York, NY - Cushman & Wakefield announced today that the real estate services firm has hired Michael Movshovich as an Executive Managing Director to lead its new Alternative Investment Advisory Group in New York. He will be based out of the firm’s Midtown Manhattan office.
As the head of the Alternative Investment Advisory Group, Movshovich will drive the firm’s strategy on advising clients in the private equity, venture capital and hedge fund sectors, using his deep understanding of the industry and Cushman & Wakefield’s platform to ensure clients are receiving exceptional service and innovative solutions for all their business and real estate needs. The Alternative Investment Advisory Group is part of Cushman & Wakefield’s Industry & Specialty Advisory Group platform that provides specialization across more than 20 sectors, designed to meet the ever-changing and complex needs of our clients.
“We are delighted to welcome Michael to our team. Our core strategic focus for this year is to continue attracting the best talent in the industry to serve our clients and hiring Michael to lead our Alternative Investment Advisory Group is a big step,” said Toby Dodd, President of the Tri-State Region for Cushman & Wakefield. “The hedge fund, private equity and venture capital industries in New York are constantly evolving and growing, as is the need for real estate professional services firms to provide specialized resources, data and insights and the latest technology to meet their complex business needs.”
“Michael’s track record throughout New York speaks for itself,” said Lou D’Avanzo, Managing Principal of Manhattan for Cushman & Wakefield. “The expertise he brings to the table coupled with his deep understanding of the intricacies of what both tenants and landlords need makes him a strong addition to the firm. He is an important hire for us and highlights our focus on recruiting the best-in-class next generation talent.”
Movshovich is a trusted tenant advisor and strategist. In addition to his focus on alternative investment clients, he will be an integral part of Bruce Mosler’s acclaimed team, which closed more than 150 deals totaling over 5 million square feet in 2019. Movshovich has worked with an impressive list of corporate institutions and boutique private companies in technology, advertising/PR and media/information. He has assisted numerous firms launching new ventures and spinning off from larger parent organizations. He has also helped develop and implement leasing strategies for multiple leading landlords in New York City, including real estate private equity firms, real estate investment trusts and family offices. Prior to joining Cushman & Wakefield, Movshovich spent more than 12 years at CBRE.
“I am thrilled to partner with the incredible team at Cushman & Wakefield and play a meaningful role in the continued growth of the organization,” said Michael Movshovich. “I am eager to work alongside some of the most talented and hardworking individuals in the industry.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
