Albany, NY Cushman & Wakefield | Pyramid Brokerage Co. hired their newest commercial real estate salesperson, Jared Skaarup.
Skaarup comes to Pyramid Brokerage after 15 years in the insurance industry. As a representative for both Allstate and GEICO he collaborated on office marketing and oversaw employee training and development. Applying a consultative approach and attention to detail he generated $3.5 million in insurance premiums.
Skaarup holds New York State licenses for real estate sales, personal lines insurance as well as life, accident and health insurance.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,