TerraCRG partner Adam Hess leaves firm

TerraCRG founder Ofer Cohen announced Hess' departure on Thursday

TRD New York /
Sep.September 06, 2018 05:05 PM
Adam Hess

Adam Hess

TerraCRG partner Adam Hess has resigned from the firm.

Ofer Cohen, founder and CEO of the brokerage, announced on Thursday that Hess was leaving. He will be going to Meridian Capital Group, where he will work as a senior managing director, according to Meridian.

Hess worked on multiple major deals during his time at the company. These included the $16 million sale of 427-433 Dean Street in Park Slope to Akelius Real Estate, the $23 million sale of 218 South 3rd Street in Williamsburg to German real estate investor Millennium Venture Capital AG and the $84 million sale of 1 Prospect Park West in Park Slope to Sugar Hill Capital Partners.

This is the latest in a string of notable hires by Meridian. The firm took on former Eastern Conslidated debt brokers Adam Hakim and James Murad in August to expand its debt brokerage business, and it hired Amit Doshi from Besen & Associates earlier this summer.

Related Articles

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

Multifamily market still reigns in Queens, Blackstone balks after rent reforms and more of the biggest CRE trends right now

Real estate titans … and their toys