**Chicago/Midwest People & Company News – Week of May 22, 2025**
**Newmark Appoints Michael Moynagh as Senior Managing Director**
Newmark has named Michael Moynagh, MAI, as Senior Managing Director for Newmark Valuation & Advisory. He will also serve as Market Leader overseeing operations across Minnesota, North Dakota, South Dakota, Nebraska, and Iowa. Based in Minneapolis, Moynagh is responsible for new business development, client relations, and appraisal report production, leading a team committed to delivering top-tier appraisal services and client excellence.
**Justin Farr Joins Regency Properties as VP of Property Management**
Regency Properties has selected Justin Farr as Vice President of Property Management. Bringing more than 20 years of experience in the field, Farr is expected to offer strategic guidance and strong leadership for Regency’s growing portfolio.
**Leadership Transition at Opus**
Tim Murnane, President and Chief Executive Officer of the Minneapolis-based Opus organization, will retire after 38 years with the company and a 46-year career in commercial real estate. Matt Rauenhorst, currently serving as President and CEO of Opus Development Company, will step into Murnane’s role. Additionally, Phil Cattanach, a former Opus team member, will return to take over Rauenhorst’s current position.
**McHugh Construction Taps Jaime Zwierzynski for Business Development**
McHugh Construction has announced Jaime Zwierzynski as its new Director of Business Development. With over 12 years of experience in the architecture, engineering, and construction sectors, Zwierzynski will focus on growing the firm’s client base and project pipeline through strategic relationship-building and data-driven initiatives.
**Farbman Group Expands Team with Three New Hires**
The Farbman Group has welcomed three new team members to its family of companies. Shaundale Davis-Richmond and Emily Marlowe have joined the firm as Property Managers, while Zach Thomas has come aboard as an HVAC Apprentice with Apex Mechanical Solutions.
**Grant Bollman Promoted at Lee & Associates of Illinois**
Grant Bollman has been promoted to Senior Vice President at Lee & Associates of Illinois, advancing from his previous role as Vice President. This marks Bollman’s second promotion within six months. He specializes in representing office tenants and investors in acquisitions and dispositions within Chicago’s East-West Corridor.
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