From the November issue: A roundup of news and data on the commercial market.
In February, Epic Commercial Realty promoted one of its senior brokers to be a partner, principal and head of the Manhattan division alongside CEO Yona Edelkopf. That leadership structure didn’t last very long. Just a few months later, the broker, Ido Tzaidi, and his colleague, Sasi Elya, bought the Brooklyn-centric middle-market investment sales brokerage from Edelkopf and have begun shifting its focus to Manhattan, while also making forays into Queens and the Bronx. Like many …
Ackman-Ziff Real Estate hired Evan Denner to expand the brokerage’s investment sales operation and other areas of business with several senior-level hires, the firm told The Real Deal. Denner, co-founder of merchant banking firm Lauderhill Partners, joined the Midtown-based finance brokerage late last month as an adviser. He is focusing on growing the investment sales and joint-venture equity divisions in New York and the satellite offices. The move is part of a larger hiring push
From the Los Angeles website: Properties fitted out for tech and creative tenants led the way in investment sales in 2016, a banner year for the industry. In Playa Vista, Invesco’s $34 million-per-acre acquisition of Runway Playa Vista not only shattered price-per-square-foot records but created a domino effect, lifting values across the submarket — even for residential properties. more … more