Newmark has hired Michael Moynagh, MAI, as a Senior Managing Director for Newmark Valuation & Advisory and Market Leader for Minnesota, North Dakota, South Dakota, Nebraska and Iowa, where he oversees new business development, client relations and appraisal report production. Based in Minneapolis, Moynagh leads a team focused on delivering high-quality appraisal work and exceptional client service.

Regency Properties announced the selection of Justin Farr as Vice President of Property Management. With over 20 years of extensive experience in property management, Farr will bring exceptional leadership and strategic insight into Regency’s portfolio.

Tim Murnane will retire as President & Chief Executive Officer of Minneapolis-based Opus, after 38 years of service to Opus and 46 years in the commercial real estate industry. Matt Rauenhorst, currently President & Chief Executive Officer of Opus Development Company, will succeed Murnane. Phil Cattanach, formerly of Opus, will return to assume the role of President & Chief Executive Officer of Opus Development Company upon Rauenhorst’s succession to his new role.

McHugh Construction has appointed Jaime Zwierzynski as director of business development. With more than 12 years of experience in the architecture, engineering and construction industry, Zwierzynski brings a track record in revenue growth, client engagement and strategic market positioning. In her new role, Zwierzynski will focus on expanding McHugh’s client base and project pipeline through targeted relationship-building and data-driven insights.

Farbman Group announced the addition of three new team members to its family of organizations. Shaundale Davis-Richmond and Emily Marlowe join Farbman as property managers, and Zach Thomas joins Apex Mechanical Solutions as an HVAC apprentice.

Lee & Associates’ Grant Bollman has been promoted to senior vice president at Lee & Associates of Illinois, from vice president. This promotion marks Bollman’s second promotion in just six months. Grant represents office tenants and investors in the acquisition and disposition of office space, with a geographical focus in Chicago’s East-West Corridor.