SAN FRANCISCO-Erik Doyle has been named executive managing director of the Newmark Knight Frank Cornish & Carey Commercial Capital Group to lead all western US institutional investment sales. In this new position, Doyle is responsible for managing clients’ investment requirements in the western region as well as facilitating investment connectivity both nationally and internationally.
The Newmark Knight Frank Cornish & Carey Commercial Capital Group’s western region headquarters is located in San Francisco. “We now live in a global real estate environment, where the importance of accessing investors mandates a strong presence in the key supply constrained markets that are attractive to the global players. A strategic foothold in San Francisco will augment our strengths in New York, Hong Kong, London and Singapore,” says James Kuhn, president of NKF and head of the investment sales and financial services platform.
For Doyle, the recently revealed merger between Cornish & Carey Commercial and Newmark Knight Frank, created the right opportunity for a return to the business of brokering investment sales while expanding his executive role, according to a prepared statement
He joined Cornish & Carey Commercial as president in May of 2008, charged with retooling the firm’s capital markets platform. “He successfully implemented improved internal processes, recruited new talent and developed a strong team with a platform that is now nimble, focused and scalable to meet the needs of a global marketplace,” says the release.
For institutional brokerage assignments, Doyle works closely with senior managing director Brad Zampa and managing director Sean Fulp to deliver comprehensive investment sales and debt placement services to clients. C&C Capital founder and principal Brad Zampa now leads Newmark Knight Frank Cornish & Carey Commercial Capital Group’s finance team. C&C Capital will no longer operate as its own business unit having effectively merged into the Newmark Knight Frank Cornish & Carey Commercial Capital Group suite of services.
Fulp focuses on institutional investment sales as well as the sale of distressed assets. Doyle, Zampa and Fulp work as a team, approaching all assignments with investment sale, finance and asset advisory expertise.
Doyle, Zampa and Fulp are currently active in the marketplace with more than $1 billion in product. The team is marketing more than $500 million in investment properties for sale, managing $400 million in debt placement and selling over $100 million of distressed assets.
“Brokering investment sales and working directly with clients is my passion,” Doyle says. “This is a fantastic opportunity for me to return to the brokerage business and I look forward to scaling the Newmark Knight Frank Cornish & Carey Commercial Capital Group presence in the west. We will be developing new offerings tailored to our west coast clientele, leveraging Newmark Knight Frank’s strong global platform and working closely with our New York, London and Hong Kong offices.”
President and CEO of Cornish & Carey Commercial Newmark Knight Frank Chuck Seufferlein says, “The services provided by Newmark Knight Frank Cornish & Carey Commercial Capital Group are essential components of our strategy to support a global client base. I am confident that under Erik’s leadership, Newmark Knight Frank Cornish & Carey Commercial Capital Group will successfully expand our coverage, reach and commitment to the Northern Californian market and beyond.”
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