realestate

Title: Jesse Van Dyke joins Newmark as Midwest Lead

A seasoned brokerage professional has left a prominent development firm in Chicago to pursue a new venture in brokerage. Meanwhile, a multifamily investment firm has appointed a new chief investment officer, a local conglomerate of MLS's has a new top att

V
eteran real estate dealmaker Jesse Van Dyke has made a move from Sterling Bay to Newmark, where he will serve as Executive Vice President for the firm's North and Central Regions, which include offices in Chicago, Minneapolis, Milwaukee, and Detroit. Van Dyke's move illustrates New York-based Newmark's commitment to maintaining a strong presence in the Midwest and extends its talent acquisition streak. He brings over three years of experience in leading leasing efforts for projects outside of Chicago, having previously worked with WeWork, JLL, and CBRE. Van Dyke played a key role in Citadel's acquisition of the site for its future global headquarters in Miami, where the financial services company was previously based in Chicago. His first day at Newmark was September 3.

    Jay Madary's Oak Brook-based multifamily investment firm, JVM Realty, has appointed Adam Short as its new Chief Investment Officer. Short comes from Golub & Co., where he spent 18 years in various roles before rising to the role of CIO for the past year. His new role at JVM will focus on managing capital needs, directing transactions, and overseeing investment strategy. JVM's $1.6 billion Midwest multifamily portfolio will be under Short's watchful eye. Short succeeds JVM's former CIO Steve Meyer, who is transitioning to a senior advisor role.

    Midwest Real Estate Data (MRED), a conglomeration of local multiple listing services in the Chicago area serving nearly 50,000 members, has appointed Charles El-Moussa as its new General Counsel. El-Moussa brings over two decades of experience in multifamily real estate, having served as president at Coldwell Banker Realty and as General Counsel and COO at RE/MAX in Texas. His move to MRED comes as MLS's across the nation grapple with major changes forced by a $418 million legal settlement agreed to by the National Association of Realtors. El-Moussa's work for MRED will include working with current legal firm Greenberg Traurig on existing litigation, as well as handling MRED's internal contracts and governance, supporting its human resources, and providing legal advice on strategic direction.

    Finally, Anna Fiascone and Natalie Ryan, two top-producing agents at Berkshire Hathaway HomeServices Chicago, have made the move to Compass. With 15 and eight years of experience at Berkshire Hathaway respectively, they have closed $36 million in sales over the past 12 months and $130 million since 2020 when they began their partnership. Their recent highlight deal was the $5.1 million sale of 15W181 87th Street in southwest suburban Burr Ridge. Compass's recruitment of Ryan and Fiascone follows its recent acquisition of other notable Chicago teams including The Capitaninis and The Pak Group.

Jesse Van Dyke, real estate executive, joins Newmark in Midwest region leadership role.