The Real Deal New York

Start-ups grab growing share of sub-$50M investment sales market

TRD analysis shows more total potential commissions on lower end of market

April 11, 2012 10:30AM
By Adam Pincus

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Aaron Jungreis, the founder of Rosewood Realty Group, has grown his barely four-year-old firm quickly, doing $364 million in deals under $50 million last year

From the April issue: New York City’s newest investment sales shops — which have been launched by brokers splitting off from established firms — are handling an increasing portion of the city’s smaller building sales, an analysis from The Real Deal shows. The newbie firms, like Rosewood Realty Group (and, to a lesser extent, others like Pinnacle Realty of New York and ERG Property Advisors), have not displaced the old-guard firms, many of which were founded in the 1980s. But they are starting to give them a run for their money. [more]

  • DevelopMan

    Just look at how busy that guy is! He’s on the phone AND his Blackberry at the same time! All while standing up! That’s amazing!

  • Scrooged

    I had no idea that those smaller brokers make so much more money than CB and places like Cushman

  • David Berger

    The crookest guy I have ever met