News: Brokerage

LRC Properties adds Harrell as director, acquisitions

David Harrell has joined LRC Properties, LLC as director with the acquisitions team. Harrell will be responsible for sourcing deals by identifying, evaluating and conducting financial/market analysis on potential investment opportunities and acquisitions in the office, industrial, and hotel sectors. He joins LRC after working in a consulting role with the company since 2012, and is based in the firm's New York office. "We're excited to have David join LRC in a full-time role," said Howard Lavitt, co-founder and principal of LRC. "David brings a wealth of experience, knowledge and contacts that will help LRC in our continued work to identify and purchase properties that we can reposition, restructure and redevelop, returning value to the properties as well as our investors. He is a great asset to our team." Prior to joining LRC, Harrell was an associate director with Studley Inc.'s national accounts team in Washington, D.C. where he engaged in lease and contract negotiations, strategic planning, and portfolio management for client tenants with national and regional real estate portfolios. David also previously worked with Public Properties LLC, a boutique Washington, D.C.-based commercial real estate firm specializing in representing federal government agencies, and as a practicing attorney with Carlock, Copeland, Semler & Stair, representing developers, contractors, and design professionals in construction and development-related litigation. David received a B.A. in economics from Wofford College and a J.D. from the University of South Carolina School of Law.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,