News: Brokerage

Rosewood Realty Group makes CoStar's top power sales brokerage

The Rosewood Realty Group was named a top power sales brokerage firm and its president and founder Aaron Jungreis a top sales broker for 2011 in New York City by Co-Star.com. Rosewood Realty Group ended 2011 with over $600 million in over 50 closed deals. "It's an honor to be recognized in our industry as leaders," said Jungreis. "And to be recognized alongside firms that are five to 50 times larger than we are - with more resources and staff - is an even greater honor." According to Jungreis, Rosewood's brokers pride themselves on personally knowing many of the local buyers and sellers. "Almost every morning and at least three times a week on my way home I look at buildings that are about to be put on the market," said Jungreis. This is not the first time Jungreis and the firm also received the top "Power Sales Brokerage" and "Power Sales Broker" awards. Jungreis was awarded the prestigious Co-Star "Power Sales Broker" in 2010 and 2011. Rosewood Realty Group was also named one of the top "Power Sales Brokerage Firms" for sales competed in 2010 when the firm closed $470 million in over 45 deals --- mostly multifamily buildings in Manhattan, Brooklyn, the Bronx and Queens. This year, Rosewood - which has already closed 21 deals - is on track to beat last year with an estimated 80-90 deals worth over $1 billion dollars, said Jungreis. Rosewood Realty Group focuses primarily on small commercial real estate transactions in New York's five boroughs, Connecticut and New Jersey. The firm's portfolio includes an wide array of multi-family properties, office buildings, shopping centers, development sites and conversion deals ranging from $1 million to $500 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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