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.
East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
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