The Real Deal New York

New Ventures

October 29, 2007 04:48PM

New Weichert franchises in Bushwick, Riverdale
Broker Steve Boudourakis has opened Weichert Realtors, Property Works in Brooklyn at 855 Knickerbocker Avenue in the Bushwick neighborhood. The office will be home to four agents and an office manager. And partners Joe Greene and Cevin Soling have launched Weichert Realtors, House & Home, located at 609 Kappock Street in the Riverdale neighborhood of the Bronx.

Jones Lang LaSalle expands into Middle East
Jones Lang LaSalle announced that it is acquiring RSP Group, a Dubai-based real estate investment and advisory firm. RSP Group senior management, Blair Hagkull and Thierry Lou , will jointly head the new venture, called Jones Lang LaSalle MENA (Middle East & North Africa).

PropertyShark partners with TitleVest has formed a strategic alliance with title insurance provider TitleVest to offer its services to PropertyShark users. The first product to be launched under this agreement is the “Detailed Foreclosure Research” service.

PBS Realty Advisors becomes Realogy affiliate
PBS Realty Advisors, the New York partner of Oncor International, is now affiliated with Realogy Corporation. The change follows the announcement last month that Oncor will operate as part of the Realogy Franchise Group.

Newmark moves New Jersey headquarters
Newmark Knight Frank announced it is moving its New Jersey headquarters to Rutherford from Woodbridge, nearly doubling the size of its Northern New Jersey operations. The executive managing directors in the new office are Tim Greiner, Kevin Murphy and Peter Rossi.

Studley enters European venture
Studley announced in September the acquisition of a substantial interest in AOS, a Paris-based commercial brokerage that focuses on tenant representation. Studley and AOS have become joint partners in a newly formed company that will operate in the United Kingdom and Continental Europe under the name AOS/Studley.

Cushman & Wakefield buys Mexico affiliate
Cushman & Wakefield has acquired Cushman & Wakefield Mexico, reported. Cushman & Wakefield purchased the 50 percent of the firm it did not already own.

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