Hunter and Phoenix form Coldwell company

New York /
Jan.January 27, 2010 02:34 PM

The Hunter Organization, a Manhattan-based commercial brokerage firm, and Phoenix Asset Management have formed a partnership under the Coldwell Banker umbrella. A press representative for the new partnership described it as a “uniting” rather than a merger, in which the heads of the individual companies will work together. The new commercial real estate services is called Coldwell Banker Commercial Hunter Phoenix, according to a press release sent today by the new company, and will operate as a franchise flagship under the Coldwell Banker name. Hunter’s past clients include American Express, while Phoenix counts the Woolworth Building among its seven million square feet of real estate nationwide. Hunter and Phoenix will remain in their independent offices, and plan to utilize each others’ services through the partnership. “We’re a growth story,” Peter Sabesan, a Hunter principal and co-founder told The Real Deal, adding that neither his group nor Phoenix will be laying off any employees. “Our platform will remain the same,” he said. TRD


Related Articles

arrow_forward_ios
Realogy CEO Ryan Schneider (iStock)
Realogy’s iBuying program expands after pausing in spring
Realogy’s iBuying program expands after pausing in spring
Survival of the slimmest: TRD looks at the future of the residential brokerage
Survival of the slimmest: TRD looks at the future of the residential brokerage
Survival of the slimmest: TRD looks at the future of the residential brokerage
WATCH: LA luxury market snapshot with Jade Mills, Rayni Williams, Stephen Shapiro & Josh Flagg
WATCH: LA luxury market snapshot with Jade Mills, Rayni Williams, Stephen Shapiro & Josh Flagg
WATCH: LA luxury market snapshot with Jade Mills, Rayni Williams, Stephen Shapiro & Josh Flagg
Coldwell Banker CEO Ryan Gorman
Coldwell Banker is waiving franchise fees for minorities
Coldwell Banker is waiving franchise fees for minorities
Welcome to the broker hunger games: Only “the strong will survive.” (Photo credit: Lionsgate)
Welcome to the broker hunger games
Welcome to the broker hunger games
On Collaborative's Christine Lutz and CEO David Wolf
NRT sells On Collaborative by Coldwell Banker to division CEO
NRT sells On Collaborative by Coldwell Banker to division CEO
Coldwell Banker's Joseph Hamdan (Credit: iStock)
Coldwell Banker is coming back to Manhattan
Coldwell Banker is coming back to Manhattan
Compass poaches Coldwell Banker’s top producer Chris Cortazzo
Compass poaches Coldwell Banker’s top producer Chris Cortazzo
Compass poaches Coldwell Banker’s top producer Chris Cortazzo
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...