Newmark Grubb ACRES Welcomes Four Industry Experts To Team
Salt Lake City―Newmark Grubb ACRES (NGA) is pleased to welcome industry experts Josh Prettyman, Gabe Phillips, Jeffrey Sorenson, and Derek Kofoed. All four agents join the NGA team from Marcus and Millichap and bring with them a diverse background of expertise and experience.
Mr. Prettyman and Mr. Phillips are a dominant team that primarily focuses on the hospitality sector. Prettyman’s background includes both acquisitions and dispositions in hospitality investments alongside a comprehensive resume in skilled underwriting. Mr. Prettyman has worked with a multitude of clients and hotel franchise groups throughout the country including Marriot, IHG, Hilton, Best Western, Choice, Wyndam, La Quinta, and many more. He currently holds a license to work in both Utah and Idaho and continues to excel in his ability to serve already existing and new clients each year.
In regards to the platform change, Mr. Prettyman commented, “When deciding to join NGA, I was attracted to Newmark’s history of success and expansion, the cooperative team-based culture, the diverse network of CRE experts here, and the unique opportunity to build a successful team of hospitality experts to dominate this niche sector. I’m very excited to be here and I look forward to assisting my clients throughout the country in maximizing their returns and achieving their goals this year, and for years to come.”
Mr. Phillips worked in the software industry before making the move to real estate at Marcus and Millichap. During his time there, Mr. Phillips earned the Pace Setter Award which is only given to new agents who complete a rigorous set of requirements and meet an exceptional standard of performance. His impressive sales background helps tremendously as he works with his clients in building portfolios in both purchasing and selling various hospitality assets.
“My decision to join NGA was a relatively easy one,” said Mr. Phillips. “I was attracted to the multi-faceted business approach within commercial real estate here, and the professionals working within their specialty areas. There was an opening and a need to build a team of hospitality experts which was both exciting and enticing. I’m looking forward to expanding my network, adding to the culture here, and assisting my clients realize their real estate goals.”
Mr. Sorenson is an investment specialist who has been working in the investment real estate field for the last 12 years. He joined Marcus and Millichap after graduating from Brigham Young University and became a vital part of their office and industrial investment team until making the move to NGA. Mr. Sorenson focuses on helping to create and preserve wealth for his clients and has been involved in both acquisitions and dispositions of investment properties across the nation.
Also a graduate from Brigham Young University where he focused on Construction and Facility Management, Mr. Kofoed was a finalist in the Utah Real Estate Challenge during his collegiate career. Mr. Kofoed joins NGA as a multifamily specialist with expert experience in conventional and student housing properties. Mr. Kofoed’s strong work ethic started from working on the family farm and transferred over well to building his desire to be a leader in the investment real estate field.
“All four agents will add tremendous value to our growing capital markets platform,” said Managing Director, Nick Wood. “They will be adding to our existing office division, as well as growing our hospitality and multifamily segments. Their varied experience will add a new dimension and level to the great service we already provide our clients.”