Israni promoted by BSD

Broad Street Development (BSD), has promoted David Israni to managing director for the firm, joining principal, Daniel Blanco, in running the leasing operation at BSD. Israni previously served as associate managing director for the company. He works closely with the principals of BSD on matters of due diligence and overall marketing for the company. Israni joined BSD in April 2006. Broad Street Development is an investor group led by Raymond Chalmé and Daniel M. Blanco focusing on the acquisition and management of real estate assets. With more than two decades of combined real estate experience, Mr. Chalmé and Mr. Blanco have developed a reputation as "hands-on" owners and managers. The firm's initial area of concentration is the repositioning of acquired assets to meet the requirements of today's commercial and residential tenants.