MANAGEMENT PERSONNEL.

Randall D. White (photo) has been named director of Cushman & Wakefield Asia's Beijing office. White will be responsible for overseeing Cushman & Wakefield Asia's operations in the city. "Randy is an experienced professional and we will look to him to provide quality service to our clients in a critical area of the world," said Cushman & Wakefield senior managing director for Asia and Europe, John B. Coppedge, III.

A veteran of 10 years in international real estate, with experience in the U.S., Europe, and Asia, including two years in Beijing, White has spent most of his career at Jones Lang Wootton. American born and the holder of a master's degree in real estate from the University of Denver and a bachelor's degree in engineering from the University of Colorado, White has spent many years servicing the real estate needs of multi-national corporations.

Ellen Bitton (photo), president and founder of Park Avenue Mortgage Group, Inc., a high-end residential mortgage brokerage and banking firm serving the needs of the tri-state area's high-end residential real estate market, announced the formation of Park Avenue Commercial Group, Inc., the commercial arm of Park Avenue Mortgage Group. The new company will focus on co-op underlying mortgage placements and other major financial transactions.

Bitton's extensive and proven track record in the mortgage world has earned her the reputation as one of the most experienced and innovative mortgage brokers in the country. As president of The Manhattan Mortgage Company, which she founded in 1985, Bitton's prowess was quickly noticed among mortgage and corporate executives alike. Previously, she was vice president at Gilbert Charles Beylen, Inc./Mortgage Placements, Inc., where, as director of the mortgage department, she was responsible for closings, training and banking for more than 50 new condominiums and coops. Bitton began her mortgage brokerage career as an assistant coordinator at Stanley Thea Associates on a Rose Associates building, The Colonnade.

In addition to heading both Park Avenue Mortgage Group and Park Avenue Commercial Group, Bitton remains a highly active member of the residential and commercial real estate industry, acting as a consultant to many of Manhattan's prestigious banks, attorneys and real estate professionals. She was also a member of the Board of Directors of the New York Association of Mortgage Brokers and has sat on a number of mortgage advisory boards, including Citibank, Manufacturers Hanover Trust and Dime.

Jeffrey H. Newman (photo) has been promoted to executive vice president of W&M Properties and its affiliates. Previously, Newman was senior vice president of W&M Properties. Newman, who has been with W&M since January of 1995, will continue to direct the leasing, marketing, operations and financial management of W&M's suburban portfolio of Class A office space in Fairfield and Westchester counties. He also will continue to assist in acquisitions in the expansion of W&M's portfolio.

Newman, 43, is also the 1999 president of the New York-City and Westchester/Fairfield Counties Chapter of the National Association of Industrial and Office Properties (NAIOP), a position he was elected to earlier this year. NAIOP is a national trade association for developers, owners, investors and asset managers of commercial real estate.

In addition, Newman serves on the Executive Committee of the Fairfield/Westchester Chapter of Real Estate Finance Association (REFA), the Executive Board of the Westchester Chapter of Building Owners and Managers Association (BOMA), and the Real Estate Committee of both the Fairfield and Westchester Counties March of Dimes.

Before joining W&M Properties, Newman served as general counsel for Albert D. Phelps, Inc. at Merritt 7 Corporate Park. Previously, he was a vice president and general counsel for Collins Development Corp. and Yankee Properties, Inc., and, before that, an associate in the real estate department of the New York law firm formerly known as Reavis & McGrath (now Fulbright & Jaworski).

A cum laude graduate of the University of Pennsylvania and the law school at George Washington University, Newman is a member of the New York State and Connecticut bars. He is a registered salesperson for Wien & Malkin Securities Corp., and has also successfully completed several courses towards a masters degree in Real Estate Development and Investment at New York University.

Newman and his family reside in Fairfield.

Cold well Banker Real Estate Corporation has announced the evolution of its commercial real estate program into a separate business division- Coldwell Banker Commercial, and the appointment of Jerry D. Anderson (photo), formerly senior vice president for the company's commercial real estate program, its president. In his new role, Anderson will be responsible for growing the division nationally and internationally through new affiliations and helping current franchisees to grow their businesses and take full advantage of merger and acquisition opportunities. He will oversee all Coldwell Banker Commercial servicing, marketing and support staff. Anderson will continue to report to Alex Perriello, president and CEO, Coldwell Banker Real Estate Corporation.

Anderson, a 28-year commercial real estate industry veteran, has been responsible for in excess of $600 million in commercial transactions throughout his career. Prior to joining the Coldwell Banker Commercial program, Anderson was a national real estate consultant involved in strategic business development, training and consulting for insurance companies, major corporations, private investors and real estate companies. National clients of Anderson's have included Grubb & Ellis, New America International, Colliers and Oncor. He began his career as a licensed real estate broker in Ohio in 1971 and also served as the Coldwell Banker Commercial southeastern investment manager. During his tenure as a real estate professional, Anderson has structured significant lease transactions, consulted and trained two national "Corporate Services" programs, disposed in excess of $500 million in assets for insurance companies and has been involved in management, franchising and tenant rep assignments on a national scale.

Patricia D. Faulkner (photo), formerly senior director with NAI's Corporate Services Group, has been appointed vice president of Corporate Services in recognition of her various accomplishments in developing and managing corporate accounts. She will continue to operate from NAI's headquarters in Hightstown.

"By providing single-source access to our exceptional range of corporate real estate services worldwide, and providing that access so efficiently, Ms. Faulkner has been a major factor in the growth of NAI's reputation and client roster," said Jeffrey M. Finn, president and COO of NAI. "She's been doing a wonderful job of enhancing and expanding our relationships with older accounts, and developing new accounts."

Prior to joining NAI, Faulkner served as an auction sales coordinator and asset marketing specialist for the Resolution Trust Corporation in Valley Forge, PA. She was also associated with Calton, Inc. of Freehold, NJ for two years as director of acquisitions, and as director of real estate for Levitt Corporation in Freehold. Her real estate career began as a salesperson for East Brunswick, NJ-based Eric Bram & Company (now NAI Eric Bram). She is a graduate of Rutgers University.

Alec Monaghan (photo) has been named director of European Operations for Cushman & Wakefield Worldwide and will be responsible for managing and coordinating European assignments referred by the firm's professionals, as well as sourcing European clients to refer business back to Cushman & Wakefield professionals in the U.S.

Monaghan joined Cushman & Wakefield in 1982 and moved to Hong Kong in 1995 as director of Corporate Services Asia to concentrate on the representation of the real estate interests of U.S. multi-national corporations in Hong Kong and Asia.

Monaghan was in charge of Cushman & Wakefield's Asian Corporate Services Program and had account responsibility for Cushman & Wakefield Worldwide formal regional corporate accounts. He was also responsible for tenant representation assignments in Hong Kong and Singapore with companies such as Employer's Reinsurance, Applause, Ernst & Young, Shearman & Sterling, Cordiant Holdings, General Signal, PepsiCo, Raytheon, First Data Corporation, Duracell, General Reinsurance, Bausch & Lomb, and Revlon.

After spending four years with IBM, Alec spent 14 years working for Cushman & Wakefield in the leasing of commercial office buildings on the East Coast of the U.S. Accordingly, his specialties are tenant representation and the leasing of new office developments. During his career, Monaghan has been responsible for the leasing of more than 10 million square feet of commercial properties.

Monaghan received a degree in Economics from Trinity College in Hartford, CT in 1978, and received an MBA in Finance from Temple University in Philadelphia, PA in 1986.

Insignia/ESG, Inc. announced Martin Lomazow (photo), a managing director of the Long Island regional office, has been named the 1998-99 Top Producing Broker of the Year for Long Island for the second year in a row. In addition, Lomazow was named 1998-99 Broker of the Year by the Association for a Better Long Island (ABLI) and Commercial Industrial Brokers Society (CIBS).

According to Richard Karson, senior managing director of the Long Island office, Lomazow's diversified skill set provides his corporate clientele with expert guidance and support on the toughest of transactions. "Marty's work has helped to catapult our Long Island operation to the status enjoyed by our counterparts in New York and in the major markets around the country," Karson added.

On the ownership side, Lomazow is involved in the representation of some of Long Island's most significant projects, including the Queens Atrium Corporate Center in Long Island City (1 million square feet), EAR Plaza, Uniondale (1.1 million square feet), 711 Stewart Avenue, Garden City (350,000 square feet) 3 HQ, Melville (400,000 square feet) and Crossroads Corporate Center, Hauppauge (500,000 square feet).

Developers planning new construction such as Tritec and its 400,000 square foot Class A office space at 100 Motor Parkway, Hauppauge, have also tapped into Marty's deal-making prowess.

Prior to joining Insignia/ESG, he served as principal/president of Madison Partners of NY, Inc., and Madison Management of NY, Inc.; as vice president at Broadwall Brokerage & Consulting, Inc.; and as an associate at Helmsley-Spear, Inc.. He is a member of the Real Estate Board of New York, the Building Owners and Managers Association, the Long Island Association and NACORE.

Lomazow, his wife Robyn and two children reside in Woodbury, NY.