Top Cushman exec exits a day after Massey Knakal deal

Head of North American operations left to “pursue other career opportunities," says rep

TRD New York /
Dec.December 16, 2014 02:35 PM

A day after Cushman & Wakefield announced the $100 million purchase of Massey Knakal Realty Services, James Underhill, the chief executive of North American operations at Cushman, exited the firm.

A representative for Cushman said Underhill left to “pursue other career opportunities,” Crain’s reported. Underhill is now president of Underhill Properties, according to his LinkedIn profile cited by Crain’s.

John Santora, who serves on the Cushman board of directors and has worked at the firm for almost 40 years, is replacing Underhill as head of the firm’s operations in North America.

In the wake of the brokerage acquisition, Massey Knakal CEO Paul Massey will oversee sales brokerage operations for New York City. Robert Knakal will also fill a key role at Cushman, which aims to ramp up its portfolio of small and mid-sized buildings. [Crain’s]Mark Maurer


Related Articles

arrow_forward_ios
Rich Barton, Howard Lorber, Jay Hennick, Brett White

Real estate firms are raising billions in debt and equity. Here’s why

Real estate firms are raising billions in debt and equity. Here’s why
Clockwise from top left: Vornado's Steven Roth, Newmark Knight Frank's Barry Gosin, Redfin's Glenn Kelman, SL Green's Marc Holliday, Marriott's Arne Sorenson, Zillow's Richard Barton, Realogy's Ryan Schneider, and Cushman's Brett White

A real estate earnings call season for the ages

A real estate earnings call season for the ages
Cushman & Wakefield's Brett White (Credit: iStock)

Cushman’s income drops 70% in Q1

Cushman’s income drops 70% in Q1
He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?
Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much

Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much

Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much
Cushman & Wakefield CEO Brett White

Cushman’s Brett White taking 25% salary cut

Cushman’s Brett White taking 25% salary cut
Cushman & Wakefield Netherlands’ head Jeroen Lokerse

Cushman & Wakefield already has a social distancing office concept in development

Cushman & Wakefield already has a social distancing office concept in development
Brett White, CEO of Cushman & Wakefield (Credit: iStock; Cushman & Wakefield)

Cushman & Wakefield lays off employees, but won’t say how many

Cushman & Wakefield lays off employees, but won’t say how many
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...