Cushman & Wakefield’s Rick Graf to Retire at End of Year

The firm has named a company veteran to succeed the longtime industry leader.

Rick Graf

Rick Graf, President of U.S. Multifamily Asset Services, Cushman & Wakefield. Image courtesy of NAA

Rick Graf, the president of Cushman & Wakefield’s U.S. Multifamily Asset Services, will retire on Dec. 31. Woody Stone will take his place, providing strategic oversight for the growth of the platform.

With 48 years of multifamily industry experience, Graf was appointed president of the company in 2008, overseeing 180,000 units across 32 states and Washington D.C. Throughout his career, he served as a professor of real estate in the Dallas County Community College District, and as the Chairman of the National Apartment Association.

Marla Maloney, the company’s president of Americas Services, said in prepared remarks that Graf led his team to accelerate several new measures, including touchless technology and self-guided tours during the pandemic.

Before his promotion, Stone served as executive managing director within the company, overseeing national operations and client services for the platform. He has been with Pinnacle and Cushman & Wakefield for the past 14 years. Starting next year, he will also manage a range of assets for major institutional clients across several states.

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