Marcus & Millichap promotes Cliff David and Steve Gebing
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Cliff David and Steve Gebing have been named executive managing directors. The executive managing director designation is the highest designation a Marcus & Millichap investment professional can attain. Of the firm’s over 2,000 investment sales and financing professionals, only 32 hold the executive managing director distinction. Previously, David and Gebing were senior managing directors. They specialize in multifamily investment sales in the Greater Phoenix area with the firm’s Institutional Property Advisors (IPA) division, which utilizes Marcus & Millichap’s vast network to serve institutional and high net-worth investors.
Business partners and friends for decades, former college roommates David and Gebing have closed $7 billion in multifamily sales on behalf of clients.
“Cliff and Steve have raised the bar for everyone in our industry,” commented Ryan Sarbinoff, vice president and regional manager of Marcus & Millichap’s Phoenix office. “The tireless energy and enthusiasm they bring every day is an inspiration to all of us. The level of attention to detail and thoroughness with which Cliff and Steve study their market gives their institutional and major private clients up-to-the-minute data and a distinct advantage in the multifamily investment marketplace. Their success is so well-deserved, and I look forward to our continued work together on behalf of multifamily investors in Arizona and throughout the West.”
“It’s an honor to carry the distinguished title of executive managing director,” added David. “Both with respect to the firm’s rich tradition and as an emblem of sorts – a testament to the many clients that have entrusted our team to execute their investment sales transactions on their behalf.”
David began his career as a sales intern with Marcus & Millichap in 2002, became an associate in 2004 and in 2005 was recognized as Marcus & Millichap’s Top First Year Agent for its Arizona offices. He achieved the firm’s senior managing director designation in 2017. David holds a B.S.B.A. degree in finance from the University of Arizona and is a member of the National Multi Housing Council and Arizona Multihousing Association.
Gebing joined his childhood friend David at Marcus & Millichap in 2006 after spending nearly seven years at IBM, where he served as the worldwide sales and marketing manager for IBM’s emerging storage virtualization software at corporate headquarters in New York. Gebing joined the Institutional Property Advisors’ division of Marcus & Millichap in 2014 and achieved senior managing director status in 2017 alongside David. He graduated from the University of Arizona summa cum laude with a B.A. degree in management information systems and received a Master of Science in technology commercialization from The University of Texas at Austin, earning the George Kozmetsky Award for Academic Excellence.
Ware Malcomb announces promotion of Douglas Gullo
Ware Malcomb, an award-winning international design firm, today announced Douglas Gullo has been promoted to Director, Architecture in the Phoenix office. In this role, Gullo leads the growth and management of the Architecture Studio and oversees all architecture projects for the firm’s Phoenix office.
“Douglas has done an excellent job managing our architecture practice with teamwork, positivity and talent,” said Kevin Evernham, Principal of Ware Malcomb’s Phoenix office. “His commitment to our clients and delivering a quality product, along with his leadership and business development efforts, have resulted in new opportunities with numerous clients both locally and nationally. We look forward to his continued growth as a leader for Ware Malcomb.”
Gullo joined Ware Malcomb in 2018 as Studio Manager, Architecture in the Phoenix office. He brings more than 25 years of architecture and business development experience to the Ware Malcomb team, including work on many notable Greater Phoenix-area projects spanning office, retail, industrial, medical office, and resort and entertainment sectors. Utilizing his architectural design and project management skills, Gullo manages the design process from initial concept and ideas through successful project completion.
Gullo holds a Bachelor’s degree in Architecture from the University of Arizona and is the design author on many award-winning office, retail, industrial and medical buildings in the Greater Phoenix market.
Sonoran Pueblo Contracting names Scott Sheldon CEO
Sonoran Pueblo Contracting, an enterprise of the Pascua Yaqui Development Corporation (PYDC), has named Scott Sheldon as its chief executive officer (CEO). Sheldon joins the tribal enterprise from California, where he most recently worked for a general contractor.
As CEO, Sheldon will oversee the company’s more than 30 employees, tribal and non-tribal, including skilled tradesman and professional team members.
“I have been involved with construction management for nearly 20 years,” said Sheldon. “I’m thrilled to be back in Tucson again. Earlier in my career I was involved in a variety of projects for the Pascua Yaqui Tribe including the Sewailo Golf Course Clubhouse site work at Casino Del Sol.”
Sheldon is a certified professional estimator with experience in construction management, strategic planning, budgeting, pricing and data analysis.
Sonoran Pueblo is a licensed and bonded contractor and bids on projects throughout Southern Arizona, with the goal of doing work throughout out the Southwest region.
The Pascua Yaqui Tribal Council established the PYDC to provide additional economic development opportunities on the reservation.
JHC partner assumes chairmanship
Chad Schexnayder, a partner at Jennings, Haug & Cunningham, is the new chair of the Fidelity & Surety Law Committee (FSLC), of the American Bar Association’s (ABA) Tort Trial & Insurance Practice Section (TIPS). Mr. Schexnayder’s appointment will extend through July of 2021. During his tenure as chair, he will collaborate with industry colleagues throughout the country to produce national conferences and publications, enhance communications among industry peers and promote the professional development of FSLC’s membership.
The FSLC, founded in 1933, is widely recognized as the industry’s pre-eminent organization. It is dedicated to the development, study of, and expertise in practice and improvement of the application of justice relating to fidelity and surety matters. Its membership works throughout the country and internationally. The FSLC is comprised of attorneys practicing surety and fidelity law, claims and underwriting professionals from surety and fidelity companies, as well as engineers, accountants and other consulting professionals who support the operations of the industry.
Mr. Schexnayder has been a member of the American Bar Association for more than three decades, the past 25 of which he has actively served in a variety of roles, including presenter, moderator and program chair at dozens of conferences across the nation. As both an author and editor, he has contributed to some of the ABA’s most successful and widely utilized legal reference manuals and publications. Mr. Schexnayder is regarded in the industry as a leading authority on bankruptcy, construction law, complex surety bond disputes, as well as other surety and fidelity matters.
For the past three years, he has moved through a line of succession toward his role as chair. The process has allowed him to consult with his predecessors, formulate a vision for his term and develop plans for several large-scale national programs. The current pandemic has added an unanticipated level of complexity to the position and his responsibilities.