News: Brokerage

Rosewood hires new associate broker Steinmetz

According to Rosewood Realty Group, Mark Steinmetz has joined the firm's commercial investment sales team as an associate broker. Steinmetz brings with him years of related industry experience as a successful high producing broker. Prior to joining the firm, Steinmetz was the president and CEO of Lemarc Energy, Inc., a firm he founded in 2007 that identified and completed oil and gas projects in the U.S. He raised start-up capital for the company along with extensive income and expense forecasting. He also researched and developed business prospectus for company projects, along with managing a staff of employees. Before that he worked as a senior investment sales associate at a top commercial real estate firm where he transacted over $250 million in commercial real estate sales, created and implemented team sales techniques and generated leads. "Mark is a seasoned broker with an intuitive knowledge of the market," said Aaron Jungreis, founder of Rosewood, whose company now has 10 brokers on staff. "He is a keen analyst and understands how to get a deal done. "We are very pleased to welcome yet another deal junkie to Rosewood Realty." "I am very proud to be a new member of the Rosewood Realty Group team," said Steinmetz. "The team that Aaron and David Berger have put together is a solid one, that is unparalleled in the industry." Rosewood Realty, a commercial brokerage firm, founded in 2007 by Jungreis, specializes in multi-family and office buildings, with activity focused in New York, New Jersey, Connecticut and Florida.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,

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,
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