Curtis Palmer was announced as the latest addition to one of Newmark Grubb Knight Frank’s ventures. The new hire will occupy the position of executive managing director for ARA Newmark. The move follows the additions of Al Cissel from JLL and Ryan Lang from CBRE, as the company continues to boost operations across the U.S.
Palmer has been brought on to lead the expansion of ARA Newmark into the Southern California markets. A professional whose career included stints with CBRE, Transwestern and Insignia/ESG, Palmer has been involved with more than $25 billion worth of multihousing transactions, sales and debt and equity financing. A founding partner of Multi-Housing Capital Advisors, an entity that has sold, financed and equitized $2 billion in multifamily and commercial assets, Curtis Palmer will join ARA’s L.A. office.
His most representative transactions include the $300 million sale of Palazzo Westwood Village, the $200 million sale of 8th+Hope and the $193 million sale of Alliance Residential Southern California portfolio.