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Thursday, May 2, 2024

2023 Commercial Real Estate Awards: Brokerage Executive of the Year

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NICK DIPAOLO (TIE)
Executive Vice President, Los Angeles Market Leader

Nick DiPaolo joined Newmark as executive vice president and market leader of the Los Angeles region in October of 2021. He guides and drives Newmark’s full spectrum of service offerings in the region, working to strategically further client advocacy objectives in alignment with Newmark’s initiatives and direction. After 12 years as an office leasing broker, he transitioned into a leadership role at a competitive firm overseeing the San Diego brokerage platform. DiPaolo has always been a natural leader and skilled at managing people, building and maintaining relationships, and facilitating career growth. At Newmark, and at the age of 38, DiPaolo runs the company’s third largest market, overseeing six offices and 250 professionals.

DiPaolo’s depth of experience, leadership approach and esteemed reputation has significantly elevated Newmark’s Los Angeles presence, building on the strong momentum in the region. In his first year as market leader, DiPaolo hired two key senior recruits, executive managing director Tony Malk and executive managing director Shaun Stiles and his team members. Lou Alvarado, Newmark’s chief revenue officer, reported that, “Nick is a proven leader in the Los Angeles area, bringing a wealth of skills and experience to our platform. His strategic approach, strong relationships and depth of industry knowledge make him a valuable asset for our organization.”

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TRES REID (TIE)
Vice Chairman

During his more than 30-year career with CBRE, Tres Reid has emerged as one of the foremost tenant representation professionals in the industry and one of the most active brokers in the country. Having completed over 1,500 sale and lease transactions representing over $4.2 billion and 75 million square feet of space, he’s demonstrated leading expertise in the industrial market and highly respected leadership across the real estate industry. Reid ranked in the top 10% of producers in the U.S.

in 2021, and the top 20% in 2019. Within CBRE, he is among the top five producers in the Greater Los Angeles region, and in 2022 ranked within the company’s top 100 producers nationally. In September 2022, Reid was promoted to vice chairman, the highest rank for producers at CBRE, and is now one of only 25 vice chairman focused on industrial in the country. As a leading tenant representation professional overseeing the highest level of negotiations with some of the most high-profile clients throughout the LA region, this promotion reflects not only his expertise, but his long-term relationships with his clients and dedicated work ethic. Based in CBRE’s South Bay office, Reid is a role model to both his team and the office.


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ROB RUBANO
Vice Chairman

In 2022, despite market volatility and constrained liquidity in the commercial real estate debt markets, Rob Rubano closed or was under contract on a total of 64 financings across the U.S., spanning all asset classes and risk profiles with an aggregate total loan volume in excess of $9.1 billion. Select Los Angeles area financings that he closed during the year included 555 Aviation in El Segundo, Echelon Television Center in Hollywood, Hotel June and Waterstone in Moorpark. Additionally, he has transacted on a substantial number of large, high-profile financing transactions outside of the Los Angeles region.

 

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