GSA fills two key leadership positions. Jennifer Hill and Mark Weiss join the General Services Administration to lead the Federal Acquisition Service and Public Buildings Service, respectively. November 4, 2026 4:35 pm The General Services Administration filled two key leadership roles with permanent executives. Administrator Ed Forst has named Mark Weiss as the commissioner of the Public Buildings Service (PBS) and Jennifer Hill as the commissioner of the Federal Acquisition Service (FAS). "These industry-leading professionals bring records of strategic execution, operational discipline, and results-driven leadership that will strengthen GSA's ability to deliver best-in-class value across acquisition and real estate," Forst said in a statement. Hill joined GSA in February 2026 as an advisor to Forst, where she worked with FAS leadership to improve government operations through procurement consolidation, streamlined processes and more strategic use of the federal government's purchasing power. She replaces Josh Gruenbaum, who left as FAS commissioner in May after 16 months in that role. Laura Stanton, the deputy FAS commissioner, has been acting since Gruenbaum left. "I also want to thank Laura Stanton for guiding FAS over the past several months. Her exceptional leadership has been instrumental in furthering our priorities. Laura will return to her position as deputy FAS commissioner," Forst wrote in an internal email to staff Federal News Network obtained. Hill came to GSA after spending her career in the private sector. She spent 30 years working in financial services and investment banking at companies like Goldman Sachs and Bank of America. She was the chief financial officer of Bank of America Merrill Lynch, and for the last 10 years, she has consulted for financial services companies in asset management, specialized lending, banking and brokerage. She also has been on the boards of many high-tech financial firms like BlockFi, Xplor Technologies and Octane. She has an MBA from Columbia Business School. FAS continues to grow revenue. It's unclear how much federal acquisition experience Hill has before coming to GSA. Having spent the last eight months at GSA will give her a head start in leading FAS, but understanding the complex federal acquisition sector is never easy for a new leader. One former GSA executive said she also will be facing a more aggressive oversight environment now that the Democrats control the House and Senate. "It is a real full-time job plus, and I just hope she is prepared and has the stamina," the former GSA executive said. "FAS is just a collection of so many different businesses that the learning curve is steep." Hill inherits a growing organization that saw record revenue in fiscal 2025 of more than $115 billion and reached a new all-time high of more than $125 billion in 2026. FAS recently completed initial steps of a reorganization to address the changing buying habits of agency customers as well as the Trump administration's procurement consolidation goals. Along with the reorganization, other top FAS initiatives include absorbing the National Institutes of Health IT Acquisition and Assessment Center (NITAAC)'s governmentwide acquisition contracts, the possible merger of NASA SEWP VI into FAS and implementing the new artificial intelligence regulations for its contracts. She also will have to oversee the continued roll out of the OASIS+ multiple award contract, new capabilities for the schedules program and GSA Advantage! as well as improving the operational relationship between GSA and the Department of Veterans Affairs, and the continued need to train and grow the workforce. 42 years in commercial real estate. Weiss joins PBS after spending the last 10 years as the executive vice chairman at Cushman & Wakefield, a commercial broker and advisor in the real estate industry. He replaces Michael Peters, who left in July 2025 after only seven months on the job. "I would like to express my sincere gratitude to Michael Gelber and Andrew Heller for their stellar work as acting PBS commissioners. Michael and Andrew will continue serving as deputy commissioners for PBS," Forst wrote. Like Hill, it's unclear how much federal experience Weiss has. He spent 42 years working in commercial real estate for companies including Newmark, Knight, Frank, Savills and the Edward S. Gordon Company. "At its core, PBS's mission is to provide and manage efficient, cost-effective and mission-ready workplaces that enable federal agencies to serve the American people," Weiss said in the release. "We will continue to advance the Trump-Vance administration's objectives and maintain the integrity of the federal government's real estate portfolio." Among Weiss's top priorities will be to continue to increase the utilization rate of federal buildings. GSA set an occupancy goal of 80% back in 2025 and the latest data shows no agency met the 60% utilization rate required under the USE IT Act. GSA shows 78 agency buildings came close to the goal, using at least 59% of their office space utilization. Weiss also will lead the administration's effort to continue to offload buildings and properties that aren't needed any more. GSA currently lists 39 properties for sale to include federal buildings and courthouses across the country. GSA faces a $50 billion backlog in maintenance and repair projects - more than double the agency's previous highest estimate - according to a report released in March by the Public Buildings Reform Board. The board wrote that GSA's inventory of owned buildings "requires a radical reduction in size to become financially sustainable." Weiss could get some help from Congress to address the backlog of maintenance if lawmakers approve giving GSA full access to the Federal Buildings Fund, a pot of money that includes all rent payments GSA receives from tenant agencies. Another former GSA executive said they found it interesting that neither Hill nor Weiss has any easily identifiable federal experience. "I wonder if they understand how much time they will spend dealing with oversight," the former official said. "It is a good thing they have season career deputies who can help them make the transition." Forst wrote, "This is an exciting time for GSA, and I'm energized by the work we're doing and the industry-leading team driving it forward. As we build on our shared achievements and continue moving forward together, our people will remain what makes our agency exceptional: we are GSA!" Jason Miller is executive editor of Federal News Network and directs news coverage on the people, policy and programs of the federal government. Federal Acquisition Service reorg driven by market forces Reorganization GSA: No federal building meets 60% occupancy target set by law Facilities/Construction GSA chief presses appropriators to address 'deteriorating' federal office space Facilities/Construction Related Topics

Cushman & Wakefield (NYSE:CWK) announces earnings results. Cushman & Wakefield (NYSE:CWK - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.01, FiscalAI reports. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.78 billion. Cushman & Wakefield had a return on equity of 15.90% and a net margin of 0.64%. The business's revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $0.29 EPS. Here are the key takeaways from Cushman & Wakefield's conference call: * Cushman & Wakefield reported its highest third-quarter revenue on record, up 8% to $2.8 billion; adjusted EBITDA rose 16% and adjusted EPS increased 28%, marking its seventh consecutive quarter of double-digit earnings growth. * Leasing revenue grew 15% and capital markets revenue increased 18%, while services revenue rose 5%. Management highlighted broad leasing strength in the Americas and ongoing demand for project and facilities management. * Performance was uneven across regions: EMEA leasing declined 8% and capital markets revenue fell 21%, which management attributed mainly to macroeconomic and geopolitical uncertainty; EMEA EBITDA also declined. * The company repaid its remaining $150 million of 2028 Notes ahead of schedule, bringing net leverage to 2.9x from 3.4x a year earlier and supporting greater capital-allocation flexibility. Management plans to balance organic investment with selective acquisitions and measured share repurchases. * Management maintained its 2026 adjusted EPS growth target of 18%-23% and expects revenue growth in the mid-to-high end of its 6%-8% range; it also expressed confidence in meeting its 2027 targets. Cushman & Wakefield stock Performance. Shares of NYSE:CWK traded up $1.13 during trading on Wednesday, hitting $14.75. The stock had a trading volume of 3,066,631 shares, compared to its average volume of 2,137,778. Cushman & Wakefield has a 12-month low of $10.88 and a 12-month high of $17.40. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 50.86 and a beta of 1.53. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. The stock has a 50-day simple moving average of $12.52 and a two-hundred day simple moving average of $13.38. Insider activity at Cushman & Wakefield. In related news, insider Laurida Sayed sold 16,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $13.88, for a total value of $222,080.00. Following the transaction, the insider owned 5,461 shares in the company, valued at approximately $75,798.68. This represents a 74.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nathaniel Robinson sold 12,500 shares of Cushman & Wakefield stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $13.39, for a total transaction of $167,375.00. Following the sale, the insider owned 58,376 shares of the company's stock, valued at approximately $781,654.64. The trade was a 17.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by corporate insiders. Analysts set new price targets. A number of brokerages have commented on CWK. UBS Group reduced their target price on shares of Cushman & Wakefield from $17.00 to $15.00 and set a "neutral" rating for the company in a report on Monday, August 10th. Morgan Stanley reduced their price target on Cushman & Wakefield from $19.00 to $15.00 and set an "overweight" rating on the stock in a research report on Thursday, October 22nd. Barclays raised their price objective on Cushman & Wakefield from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research report on Monday, August 17th. Citizens Jmp dropped their target price on Cushman & Wakefield from $19.00 to $16.00 and set a "market outperform" rating on the stock in a research note on Thursday, October 22nd. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Cushman & Wakefield in a research report on Thursday, October 22nd. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $16.57. Cushman & Wakefield company profile. Cushman & Wakefield plc (NYSE: CWK) is a global commercial real estate services company that provides advisory, transaction, and property-related solutions to property owners, occupiers, investors, and developers. The company serves clients across office, industrial, retail, multifamily, hospitality, and other real estate sectors. Its services include leasing and tenant representation, capital markets and investment sales, valuation and advisory, property and facilities management, project and development services, and workplace and portfolio consulting. Receive News & Ratings for Cushman & Wakefield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushman & Wakefield and related companies with MarketBeat.com's FREE daily email newsletter.

BluSky Restoration welcomes Sheila Acar as Vice President of Marketing. BluSky Restoration Contractors, LLC Nov 03, 2026, 09:57 ET Accomplished marketing leader brings fresh perspective, creative vision, and a passion for building teams that move businesses forward. DENVER, Nov. 3, 2026 /PRNewswire-PRWeb/ - BluSky Restoration Contractors, LLC ("BluSky"), a leading national provider of commercial restoration and reconstruction services, today announced Sheila Acar as its new Vice President of Marketing, bringing new energy and more than 16 years of marketing leadership experience to the company. Acar joins BluSky from Cushman & Wakefield, where she served as National Director of Property Marketing and led more than 50 marketing and creative professionals across the Americas. Her career includes leadership roles at Cushman & Wakefield, CBRE, and JLL, with experience turning ambitious ideas into marketing programs that build brands, connect with clients, and support business growth. Across those organizations, Acar has built and transformed teams, strengthened collaboration between marketing and sales, and introduced new approaches to brand development, demand generation, and digital marketing. She pairs creative thinking with a practical focus on giving teams the tools, direction, and support to do their best work. At BluSky, Acar will lead marketing strategy, strengthen the company's brand presence, and help create new opportunities across key markets. Working closely with Sales and Operations, she will focus on bringing BluSky's story to life and developing programs that support local offices and build lasting client relationships. "Sheila sees opportunity and knows how to bring a team together around it," said Mark Minasian, Chief Executive Officer at BluSky. "Her commercial real estate experience gives her valuable insight into our clients' needs, and her passion for building brands will help us reach new audiences. We're excited to have her leading our marketing team as we build BluSky's next chapter." Acar's leadership approach puts people first, encouraging collaboration and making room for new ideas. Her experience combining creativity, technology, and data will help BluSky build on its strengths and find new ways to reach and serve clients. "There's so much to be excited about at BluSky, starting with the people," said Sheila Acar, Vice President of Marketing. "Every day, teams across the country step into difficult situations and help clients move forward. That work gives us an incredible story to tell. I'm ready to listen, learn, and build alongside this team - to bring fresh ideas to the table and turn them into work that makes a difference for our offices and our clients." About BluSky Restoration Contractors, LLC BluSky Restoration Contractors, LLC is a full-service national restoration contractor with locations coast to coast. Janwoodgroup provide residential, commercial, industrial, governmental, and multifamily mitigation, restoration, renovation, environmental, and roofing services for properties damaged by water, fire, storms, and other disasters across the country. Its engaged employees bring experience and teamwork to anyone who owns or manages the property, provides property insurance, or manages property insurance claims. BluSky is known for its ability to deliver rapid response, clear communication, and consistent execution across complex, large-scale projects. For more information about BluSky Restoration Contractors, please visit GoBluSky.com or call (800) 266-5677. Media Contact Jenna Martin, BluSky Restoration Contractors, LLC, 1 800-266-5677, [email protected], https://www.goblusky.com/ SOURCE BluSky Restoration Contractors, LLC