Graystone Capital Advisors, an investment sales brokerage headquartered in Newport Beach, promoted Florida-based Shannon Bona to first VP. Bona joined Graystone Capital Advisors in 2021 and since has been a top producing agent.

Bona is the broker of record for both Florida and Connecticut and, together with partner Julius Swolsky, leads Graystone’s net lease team’s growth nationwide. With more than a decade of experience, she has closed nearly $1 billion in commercial sales during her career.

She specializes in investment sales of shopping centers and net lease assets, with specific expertise in sale leasebacks, 1031 exchanges, and managing developer and institutional client relationships. Through fortifying strong relationships, Bona has partnered with a wide variety of real estate owners, such as REITs, private equity funds, high net-worth individuals, family offices and developers.

Brenton Baskin, managing director at Graystone, said, “Because of her experience, and work ethic, she brings a service level to her clients that cannot be matched. She’s a leader within the firm and we look forward to many more years of continued success and growth throughout the country.”

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Kidder Mathews has added valuation advisory specialist Eric Cross, MAI as an SVP in Downtown Los Angeles. For more than 20 years, he has focused on valuation assignments in Los Angeles, Orange, Riverside, San Diego, San Bernardino and Ventura counties and also has extensive experience in the Central Valley, including Sacramento.

Cross began his commercial real estate appraisal career with Cushman & Wakefield, followed by CBRE, before forming Independent Valuation Consultants, Inc., which he ran for 10 years before joining Kidder Mathews.

His valuation experience includes traditional property types as well as special-purpose properties like churches, rail yards, equestrian centers, schools, and sea & airport facilities (FBO). He has represented a wide range of clients, with owners and occupants including Starbucks, Waste Management, CVS, United Grocers, LA Fitness, Trader Joe’s and Taco Bell.