Movers: Newmark adds on finance side, NAI taps Transwestern exec in Houston

United Property moves to Austin tower, Hughes Marino comes to Texas

Newmark, Ashland Greene Add Finance Execs — Newmark's Chris McColpin, Ashland Greene's Peter Hales and Jesse Rosenstock and NAI Robert Lynn's Nick Peterson (LinkedIn, NAI Global, Getty)

TRD Staff

Aug 7, 2023, 5:18 PM

Chris McColpin and Andrew Porteous joined Newmark as senior managing directors, specializing in debt, equity and structured finance services. McColpin is based in Austin and joins the firm from JLL. Porteous is based in Dallas and previously worked for Morgan Stanley.

NAI Robert Lynn hired Nick Peterson as president of its industrial division in Houston. Peterson previously worked for Transwestern and was responsible for $155M in transactions last year, the Houston Business Journal reported.

Ayoub Rabah is now regional president of Coldwell Banker Realty’s Midwest region, which includes Texas. Charles El Moussa remains president of Coldwell Banker in Texas.

Austin-based residential real estate agent Elle Klein Garrison has joined Compass. Garrison has 20 years of experience and previously worked for Realty Austin.

Preston Hollow Community Capital is moving from downtown to Uptown Dallas. The investment firm left its lease at 1717 Main Street, the Comerica Bank Tower. It has leased 15,000 square feet in the PwC Tower at 2121 North Pearl Street, the Dallas Morning News reported.

United Properties is moving on up in Austin. The Minneapolis-based company previously had digs in a converted house at 1617 West Sixth Street, the Austin Business Journal reported. The firm has moved to the 15th floor of Colorado Tower at 303 Colorado Street. It has five employees led by Victor Young, and with the move, it is looking to expand its staff.

Hughes Marino Inc. has opened its first Texas office, in the Trammell Crow Center at 2001 Ross Avenue, the Dallas Morning News reported. The California-based commercial real estate firm hired Mike McElwee and Art Green to run its Dallas office. The firm operates in six California markets and has expanded to Boston, Seattle, New York and Raleigh-Durham.

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