• Thu. Jun 13th, 2024

Transwestern Real Estate Services Promotes President, Savills Names Executive, NAI Launches Management Division

Bynewsmagzines

Apr 28, 2023
Transwestern promoted Greg Munson to president of Transwestern Real Estate Services. (TRS)

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Transwestern has named a new president of Transwestern Real Estate Services as the Houston-based, global commercial real estate firm moves to expand its companies across the U.S. and abroad.

In his new role as president of Transwestern Real Estate Services, Greg Munson will oversee TRS operations, lead expansion opportunities in strategic markets and drive business development, according to the firm. He is based in the company’s Minneapolis office.

Munson will succeed former TRS President Tom Lawyer, who joined Transwestern in 2018 and will be retiring after 45 years in the industry. Under Lawyer’s leadership through the pandemic, TRS continued to grow operations and expand headcount. Lawyer will remain with Transwestern through 2023.

“One of my primary objectives when I joined Transwestern was to find the next leader for our services organization and orchestrate a well-planned and orderly changing of the guard,” Lawyer said in a statement announcing the move. “Greg and I have worked side by side over the last two years, and I am confident we have found the right next-generation leader for TRS.”

Munson had served as executive managing director for the firm’s Midwest region since 2021, overseeing offices in Illinois, Minnesota, Wisconsin, Michigan and Iowa. Since joining the firm in 2016 as managing principal and market leader in Minneapolis, he has assumed increasing leadership responsibilities and currently sits on Transwestern’s board of directors and executive committee.

During Munson’s tenure, Transwestern completed one of downtown Minneapolis’ most notable retail-to-office transformations, recruited one of the region’s leading retail teams and attracted new talent to the Midwest capital markets team. Last year, Lawyer and Munson led the firm through the acquisition and integration of Chicago-based MB Real Estate, which saw the addition of 120 team members and a regional property management portfolio topping 12 million square feet.

Before joining Transwestern, Munson worked as executive vice president of development and risk management at McGough Cos., according to his LinkedIn profile. Munson holds a Juris Doctorate degree from the University of Minnesota Law School and a bachelor’s degree from Gustavus Adolphus College.

Whit McCrary

Savills has hired commercial real estate industry veteran Whit McCrary as an executive managing director, bolstering the firm’s tenant representation practice in the Nashville market.

In his new role, McCrary joins the Savills Nashville team consisting of Executive Managing Directors David McRae, David Koziak and Tatum Flynn, Associate Director Austin Johnson and Operations Manager Michelle Schreiber.

McCrary brings nearly 30 years of tenant representation and transaction management experience. He most recently worked at Cushman & Wakefield, where he served on the firm’s national tenant advisory group and its legal sector advisory group. Throughout his career, McCrary has participated in more than $1 billion in lease transactions and $1 billion in investment sales on behalf of clients in the legal, healthcare and financial industries.

Justine DelMonico

NAI has launched its capital commercial management division to provide property management solutions on behalf of commercial real estate owners, and has tapped Justine DelMonico to lead the charge.

DelMonico joins NAI Capital Commercial in Los Angeles as managing director of capital commercial management. In her new role, she will source property management opportunities and oversee recruiting efforts across Southern California.

A California native, DelMonico has nearly a decade of experience, most recently as a senior property manager at Kennedy Wilson in Beverly Hills, where she managed an office portfolio on behalf of high-profile clients. Before that, she was a commercial property manager at Omni Group and a real estate services administrator at CBRE in Century City.

Reina Abboud

Reina Abboud has joined JLL Capital Markets as a senior director in the firm’s Washington, D.C., office.

In her new role, Abboud will focus on debt advisory in the Richmond, Virginia, and Tidewater/Hampton Roads markets, reporting directly to Senior Managing Directors and co-heads of JLL’s Washington, D.C. office, Andrew Weir and Jamie Leachman.

Abboud brings 10 years of experience in real estate finance, most recently as a vice president at full-service capital markets provider NorthMarq. Before that, she worked as a financial analyst with Phillips Realty Capital and as a community assistant at Education Realty Trust. Throughout her career, Abboud has been involved in originating, structuring and executing more than $1.5 billion in real estate transactions with a focus on market-rate and affordable multifamily sectors and Fannie Mae, Freddie Mac and Federal Housing Administration loans.

Patrick Burke

Patrick Burke has joined Premier, an end-to-end architecture, design, procurement and capital management firm in Dallas, as a senior vice president of architecture.

In his new role, Burke will contribute to expand the firm’s growing suite of offerings as it expands into the hospitality and multifamily sectors.

Burke brings more than 30 years of industry experience, having led teams handling ground-up developments, acquisitions, remodels and renovations. He most recently served as a vice president and principal at BRR Architecture, and before that was chief operating officer and principal at RHA Architects for four years, where he oversaw the firm’s new builds and renovations, expansions, acquisitions, special projects and project management efforts.

Lauren Wayne

Lauren Wayne was promoted to senior vice president of accounting and investor reporting at Continental Realty Corp., a Baltimore-based real estate investment and management company.

In her expanded role, Wayne will oversee all corporate accounting functions and manage third-party equity fund investment accounting and reporting across CRC’s diversified, multi-state real estate portfolio valued in excess of $3.5 billion.

Wayne has worked with the company since 2010, most recently as vice president of accounting. She also serves on CRC’s executive committee. Wayne has more than 18 years of financial real estate experience, having previously worked as a controller for Sterling Partners and with PwC. She is a certified public accountant in the state of Maryland.

Mark Hay

Colliers has hired Mark Hay as a vice president in its Parsippany, New Jersey, office as the global commercial real estate services firm continues to expand its presence across the state.

In his new role, Hay will facilitate the leasing and sale of warehouse and distribution facilities, working alongside Noah Balanoff and Jacquelyn Severino.

Hay brings more than 18 years of commercial real estate experience and has completed more than $235 million in transaction deal volume throughout his career. He focuses on tenant representation and investment sales on behalf of a client list that includes J.G. Petrucci Co., Summit Supply, Coupa Software, Advanced Local Media, Mavis Tire and Auto Distribution, as well as regional and national banks. Earlier in his career, Hay worked in construction management.

Lauren Feder

Trion Properties, a private equity real estate firm focused on multifamily investments, has promoted Lauren Feder to director of asset management, a new leadership position in the growing company. She is based in the firm’s West Hollywood, California, office.

In her expanded role, Feder will maintain oversight of the firm’s assets, implement business plans and objectives around marketing and leasing, and develop operational and capital improvement investment strategies for each property including budgets, forecasts and performance reports. She will also handle financial performance, property management and operations to achieve the company’s leasing and revenue goals.

Feder joined Trion in 2019, most recently serving as an acquisitions associate. In her time with the company, Feder has completed several portfolio transactions, including refinancing, recapitalization and acquisitions for the firm. Feder previously worked at JRK Hotel Group and NBC Universal, according to her LinkedIn profile.

David Nighswonger

International design firm Ware Malcomb has promoted David Nighswonger to director of regional operations in the firm’s Denver office.

In his expanded role, Nighswonger will oversee operations for the civil engineering team across the company.

Nighswonger joined Ware Malcomb in 2016, and since then has managed numerous civil engineering projects and overseen construction documents and administration for the firm’s public, commercial, residential, education sector and retail projects. In addition, he’s expanded the civil engineering team’s footprint from just three offices to 12 in the past four years. Nighswonger is a registered civil engineer in Colorado and has more than 31 years of industry experience, including 15 as development engineering manager and public works director for the city of Thornton, Colorado.



CoStar’s People of Note is a national column published each Friday covering the latest personnel moves in the commercial real estate industry. Send new executive hires and promotion announcements to
news@costar.com.


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