Peter Hauspurg and Daun Paris resurface at ABS Partners

Former Eastern Consolidated owners will focus on acquisitions

New York /
Oct.October 03, 2018 05:45 PM

Peter Hauspurg, Daun Paris, Gregg Schenker, and ABS Partners offices at 200 Park Avenue South (Credit: Twitter and ABS Partners)

Peter Hauspurg and Daun Paris are taking new roles at ABS Partners Real Estate after closing their company Eastern Consolidated this summer.

Hauspurg will have the title of co-managing partner and Paris will be a senior member of the company, Commercial Observer reported.

The two wanted to try “something other than the brokerage business,” Hauspurg told the publication.

“We have been buying [privately] for the past 15 years for friends and family and we thought it was an exciting thing to try,” he said. “I’m 65 years old, so if you want to try it, better to do it now than at 70.”

ABS, which has an investment portfolio spanning 96 properties, also scooped up former Eastern CFO Peter Takiff, who will work with Paris and Hauspurg on the company’s acquisition pipeline.

The company’s president and co-manager partner Gregg Schenker told CO he has known Hauspurg for many years. “The foundation [of the hire] is from that relationship,” he said. “Also, Earle [Altman, the chairman of ABS] serves on the M&T Mortgage Advisory Committee with him. That led to a discussion.”

Hauspurg and Paris decided this summer to shut Eastern Consolidated down after nearly 40 years in the business, putting a number of top dealmakers out on the market looking for jobs.

Competing firms have snapped them up over the past few months. Brian Ezratty and Ron Solarz, for example, joined Newmark Knight Frank. Compass hired Adelaide Polsinelli and her team to launch the firm’s commercial division. [CO] – Rich Bockmann


Related Articles

arrow_forward_ios
Brookfield's Bruce Flatt with 1100 Newark Turnpike (Loopnet, Brookfield)
Brookfield buys CSX industrial site in Northern New Jersey for $67M
Brookfield buys CSX industrial site in Northern New Jersey for $67M
198 Scholes Street, 65 Kent Avenue, 506 DeKalb Avenue and 11 Gunther Place (Illustration by the Real Deal with Getty, Google Maps)
Avi Philipson deal to acquire All Year portfolio is back on
Avi Philipson deal to acquire All Year portfolio is back on
From left: McSam Hotel Group's Sam Chang and SL Green's Marc Holliday with 711 Seventh Avenue  (Getty, Google Mpas, SL Green)
Times Square hotel developer sues neighbors over delayed demolition
Times Square hotel developer sues neighbors over delayed demolition
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
arrow_forward_ios

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

Loading...