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Jim Kuhn may take lead role at Newmark.

James D. Kuhn, an independent workout consultant to financial institutions, has been tapped by Aaron Gural to head Newmark & Company Real Estate, Inc., sources say.

While Kuhn is expected to share the title of president with Jeffrey R. Gural, he will also become chief operating officer of the firm. Sources say Aaron Gural will remain chairman and other changes are expected within the corporate structure.

Kuhn has extensive institutional advisory and workout experience having acted in behalf of Citicorp and its banking consortium in the disposition of 1540 Broadway to Bertelsmann, A.G., and in the arbitration of the valuation of Swiss Bank Tower for Swiss Bank and Saks.

Kuhn started his career with Metropolitan Life and coordinated its real estate workouts during the 1970's. He joined the Mendik Company in 1978 where he remained for 12 years. As director of Leasing, Kuhn was responsible for the acquisition and redevelopment of 6,000 apartments and 12 million square feet of office space. In 1990, he began J.D. Kuhn Properties, Inc.

Kuhn is expected to head Newmark Institutional Management Corp., the sources say.

Jeffrey Gural has been increasingly involved in the family portfolio and fighting for more equitable city property taxes.

Calls to Newmark and Kuhr were not returned.
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Title Annotation:Newmark and Company Real Estate Inc. appoints Jim Kuhn as president and COO
Publication:Real Estate Weekly
Article Type:Biography
Date:Nov 11, 1992
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