New Managing Directors will Lead Multifamily Investment Sales in Chicago Region
CHICAGO, June 7, 2023 – Cushman & Wakefield announced today that Jack Maloney and Brad Smith have joined the firm as Managing Directors of its Midwest Multifamily Advisory Group.
Maloney and Smith will be charged with further building Cushman & Wakefield’s apartment brokerage business in the Chicago region, extending into Wisconsin, Iowa and Western Michigan and partnering closely with Executive Vice Chairs George Tikijian and Hannah Ott, two key leaders of Cushman & Wakefield’s Midwest Multifamily Advisory Group.
“Jack and Brad are a great complement to our dominant local capital markets platform, which leads the region across the industrial, retail and office sectors, in addition to Susan Tjarksen’s team that focuses on alternative multifamily asset classes,” said Vicki Noonan, Cushman & Wakefield Chicago Managing Principal. “I look forward to working with them and Susan to leverage our platform to accelerate growth in the entire multifamily sector.”
Added John O’Neill, Cushman & Wakefield President, Multifamily Capital Markets, “We are fortunate to have a great list of clients throughout the Midwest, and the addition of Jack and Brad enables us to expand our advisory services in these important markets and strengthen our regional business. And equally as important, both Brad and Jack share our value-set of client service, integrity and teamwork.”
Maloney joins Cushman & Wakefield from Berkadia, while Smith joins Cushman & Wakefield from Walker & Dunlop. Over the course of their careers, Maloney and Smith have been instrumental in orchestrating more than $1 billion of large multifamily transactions on single assets and portfolios in Chicago and across the Midwest.
"Investors want to work with brokers with integrity and a singular focus on successful execution, two cornerstones of our careers,” Smith said. “Now, across our Midwest multifamily platform, our combined relationships; enhanced capacity for business development; and a great blend of experience, drive, sophistication and innovation will truly differentiate Cushman & Wakefield’s multifamily investment advisory. No other Midwest team is doing more volume, and we’re in a unique position to collaborate and provide the cohesive client services across the region that our clients demand.”
Added Maloney, “Having been actively involved in transactions ranging from large middle-market deals to institutional dispositions, Brad and I bring an energy, enthusiasm, and client- and relationship-focused approach that our clients look for in these times of uncertainty. Combining our Chicago-based team’s target markets in Illinois, Wisconsin, Iowa and Western Michigan to the broad reach of Cushman & Wakefield’s Midwest Multifamily Advisory Group will ensure that we can provide clients with market-leading insight, clarity into industry trends and, ultimately, successful execution on their investment strategies.”
Jack Maloney and Brad Smith Join Cushman & Wakefield’s Midwest Multifamily Advisory Group in Chicago
Bailey Webb • 6/7/2023
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.