News: Brokerage

Gingold appointed to mananging director of VVA's new LA office

VVA, LLC, a global leader in project management and cost consultancy, announced the opening of a West Coast office in Los Angeles, California. The VVA Sweett office in LA marks yet another significant step in achieving its long-term growth strategy and expansion of its global platform. "We have been looking forward to opening an office in Los Angeles for quite some time in order to serve our West Coast and Asia Pacific clients in closer proximity," said Lorenzo Vascotto, founding partner and managing director of VVA. "I am pleased to announce the appointment of Jeff Gingold as managing director, to lead the effort. He will be supported by long time VVA veteran, Cathy McHale." Jeff is a lifelong resident of California, with close to thirty years of experience in project management and the real estate industry. Jeff has personally managed the construction of over seven million square feet of space in the Western United states with an estimated project value of over $10 billion. His extensive experience, local expertise and relationships will be vital in the success of the West Coast office. Cathy McHale, a senior associate and LEED AP currently working at VVA's New York HQ, is also a native of California with over 20 years of experience in commercial interior design and project management." I am excited to return to my hometown and bring the wealth of experience I've gained in New York to my clients in California." said Cathy. VVA was founded in New York City in 1994 and has expanded its reach throughout the Americas with regional offices in Washington, D.C., and Sao Paolo, Brazil. In 2011, VVA enhanced its global service capabilities by establishing VVA Sweett, Inc. a joint venture unifying the forces of VVA, LLC and the Sweett Group Plc, a premier global project management and cost consultancy firm. 2013 marked the expansion into New England with the office in downtown Boston. The West Coast office is the second VVA Sweett office in the Americas, and advances an already successful initiative. Dean Webster, Chief Executive Officer of Sweett Group said, "We are extremely pleased to announce VVA Sweett's West Coast expansion and the ability to serve the needs of the region's very active commercial real estate market. The US construction sector is regaining strength and momentum. Cross referrals are encouraging and we continue to jointly bid on projects offering our combined delivery solution. VVA Sweett Los Angeles is a key component in serving West Coast clients while leveraging our firm's global expertise and resources. The LA Office is off to a good start with several sizeable assignments, including two international law firms in Palo Alto and Costa Mesa. VVA Sweett's global platform provides clients with access to over 1,450 professionals across more than fifty five offices in the Americas, Africa, Asia, Australia, Europe and the Middle East.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,