In BCG’s takeover of Grubb & Ellis, it’s becoming clear that the new acquisition will be placed under the assets of Newmark Knight Frank, not alongside them, as the two companies join to create Newmark Grubb Knight Frank.

After receiving approval from the bankruptcy courts, BGC has completed the acquisition of Grubb & Ellis and has announced the creation of a new firm, Newmark Grubb Knight Frank, that combines the assets of G&E with Newmark Knight Frank.

In a saga that began nearly a month ago, BGC Partners is about to complete its purchase of Grubb & Ellis Co. after receiving approval from the U.S. Bankruptcy Court.

With the strategic alliance of Houston-based Transwestern and Paris-based BNP Paribas Real Estate, the two firms have positioned themselves to focus on occupier clients and enhanced services to the firms’ customers in Europe, the Middle East, Africa, India and the United States.

Starpoint CEO Paul Daneshrad blogs on CPE’s From the Inside experts blog about the outlook for the multi-family property sector and his company’s investment plans.

CPE’s 2012 Stars to Watch include 12 movers and shakers from different parts of the industry. This expanded online-only presentation of their accomplishments (summarized in CPE’s March 2012 issue) features insights from their own learning experiences, their advice for a successful climb up the real estate ladder, plus observations from their clients, colleagues and bosses provide about what these rising stars bring to the table.

Larry Sloan, 36, Senior Vice President & Director of Development, Behringer Harvard
Larry Sloan has real estate in his blood.

Stephen Rosetta, 39, Executive Vice President & Market Leader, Cushman & Wakefield Inc.
The son of an avocado farmer, Stephen Rosetta was exposed to real estate through his family’s involvement in land development.

Rachel Rosenberg, 34, Executive Vice President & Partner, RKF
Rachel Rosenberg discovered real estate at 19, but she developed a love for the restaurant business even earlier.

Jake Roberts, 31, Vice President, Capital Markets, Marcus & Millichap Capital Corp.
One of the hallmarks of a financing guru is the ability to find a way to make a deal work—no matter what roadblocks get in your way.