Cushman & Wakefield Update 12/01/23

Blake Okland to Lead Cushman & Wakefield’s Multifamily Capital Markets Platform

Greystone, a leading national commercial real estate finance company, and Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, jointly announce that Blake Okland, Greystone’s Chief Revenue Officer, will expand his duties and assume the additional role of President, Multifamily Capital Markets at Cushman & Wakefield, effective December 1.

Prior to joining Greystone in 2023, Blake served as Vice Chairman and Head of Multifamily Investment Sales for Newmark, where he led the expansion of the firm’s multifamily business nationally, accelerating the growth of its investment sales, lending and servicing platforms. While there, he also served on Newmark’s U.S. Operating Committee and its Global Capital Markets Board. During his career, Blake has held roles with ARA prior to its acquisition by Newmark, CBRE and Archstone-Smith Communities Trust. Additionally, he is an Executive Committee member of the National Multifamily Housing Council and a member of ULI’s Multifamily Gold Product Council.

“Blake’s industry expertise is a unique fit for the joint venture platform, and we are so thrilled for him to take on this additional role dedicated to the success of our multifamily service offerings together with Cushman & Wakefield,” said Steve Rosenberg, Founder and CEO of Greystone.

“Multifamily continues to be one of the largest asset classes for institutional investors in the U.S. and remains a key area of strategic growth and focus for our business. Our joint venture with Greystone has contributed to our goal of building the finest multifamily platform in the country,” said Dan Broderick, President, Americas Advisory, Cushman & Wakefield. “As we look ahead to 2024, I am confident we will build on our positive momentum and will thrive under Blake’s leadership.”

The joint venture between Greystone and Cushman & Wakefield, formed in 2021, continues to deliver advisory services and capital solutions to existing, joint and new clients. Greystone is a top multifamily lender, including bridge, Fannie Mae DUS®, Freddie Mac Optigo®, and HUD-insured debt products. In 2020, Cushman & Wakefield acquired Pinnacle Property Management, one of the largest multifamily property management firms in the U.S., further contributing to the expanded platform’s capabilities to service the multifamily sector nationwide.

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