Peter Hauspurg and Daun Paris resurface at ABS Partners

Former Eastern Consolidated owners will focus on acquisitions

TRD 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 Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Cadre founder Ryan Williams and Allen Smith

Cadre brings on former Four Seasons CEO as president

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

250th Issue

The Real Deal celebrates 250 issues

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

arrow_forward_ios
Loading...