New York Real Estate Journal

2019 Ones to Watch: Jacob Namdar, Klosed Properties

April 16, 2019 - Spotlight Content

Name: Jacob Namdar

Title: Senior Managing Director of Acquisitions 

Company Name: Klosed Properties

Year that you entered your current field? 2010

List up to three CRE organizations that you are currently a member of:

  • ICSC,
  • YJP,
  • AIPAC

What do you consider to be your greatest professional accomplishment in the past 12 months? 

During a difficult time in the market, we were able to close on several transactions in the Bronx and Harlem.

What advice can you offer to someone who is interested in a career in your industry? 

Always have positive attitude and energy, despite the market trends. Try to envision the cup as half-full at all times. Don’t allow factors that are out of your control to affect you negatively. 

If you have a mentor, who is it and how have they influenced your personal & professional growth? 

Jeff Sutton was a leasing broker representing Payless ShoeSource. He found a creative way to look outside the box and purchase properties, while simultaneously leasing them to high-end tenants. Over time, he amassed a billion dollar portfolio of some of the strongest retail properties in the world.

Who or what do you attribute to your success? 

Our team, persistence, and perseverance