Elliman expands retail division to Brooklyn
Prudential Douglas Elliman Retail Leasing and Sales Division chairman Faith Hope Consolo has begun staffing the firm’s Brooklyn locations with retail brokers. Beginning in June, six will be on-site at the commercial and new development office at 146 Montague Street. The initiative will continue with the staffing of Prudential Douglas Elliman’s newest Brooklyn location at 154 Seventh Avenue in Park Slope, as well as three additional sites throughout the borough.
Besen & Associates creates new group
Besen & Associates has formed the Loft/Small Office Investment Sales Group, headed by Ron Cohen and Christen Portelli. The group will focus on selling properties ranging from 10,000 to 150,000 square feet in size, located primarily in Manhattan.
Ex-UBS executive launches real estate investment firm
Bray Kelly, who recently left UBS to form real estate investment firm JBK Capital, commenced operations in his New York City office in late April. The firm will initially focus on acquiring assets valued at $25 million or less in under performing submarkets in the tri-state area and Florida.
Sonnenblick Goldman forms real estate securities firm
Sonnenblick Goldman announced in May that SG Real Estate Securities LLC, a wholly owned subsidiary of the firm, has been formally accepted by the National Associations of Securities Dealers as a registered Broker Dealer. Dan MacDonnell is registered as the general securities principal.
Newmark Knight Frank Retail expands to L.A.
Newmark Knight Frank Retail has expanded into the Los Angeles market. Lasia Casil Sonmez is heading up the new operation, expanding the West Coast coverage currently provided by Newmark Knight Frank’s San Francisco office.
Kurland launches commercial division
Kurland Realty last month launched a commercial division out of its Chelsea office. The division has two full-time commercial brokers and currently has five exclusives for office and retail leases, the company said.