TerraCRG partner Adam Hess leaves firm

TerraCRG founder Ofer Cohen announced Hess' departure on Thursday

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

arrow_forward_ios
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
A photo illustration of the proposed Lower Platte River Corridor (Getty, Plan Preserve Play NE)
Nebraska lawmakers mull digging $1B recreation lake
Nebraska lawmakers mull digging $1B recreation lake
Illustration of Stefan Soloviev (HaydenSoloviev, CC BY-SA 4.0, via Wikimedia Commons, Getty)
Soloviev bets long-dormant Midtown East site in casino sweepstakes
Soloviev bets long-dormant Midtown East site in casino sweepstakes
CHIP's Jay Martin and HCR Commissioner RuthAnne Visnauskas (Getty)
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
PulteGroup's Ryan R. Marshall and RedFin's Glenn Kelman (PulteGroup, RedFin, Getty)
Wall Street is bidding up housing stocks again
Wall Street is bidding up housing stocks again
Empire Capital Holdings' Josh Rahmani, Hakimian Capital's Michael Hakimian, RXR's Scott Rechler and 1330 6th Avenue (Getty, Hakimian Capital, Empire Capital Holdings, 1330aofa.com)
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Urban Commons' Salvatore G. Takoushian with Wagner at the Battery
Urban Commons puts FiDi hotel into bankruptcy
Urban Commons puts FiDi hotel into bankruptcy
(Illustration by The Real Deal; Getty)
Multifamily faces stricter emission caps
Multifamily faces stricter emission caps
arrow_forward_ios

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

Loading...