RIPCO Real Estate LLC (RIPCO), a leading independent full-service brokerage firm providing leasing, investment sales, property management, debt/equity and structured finance services, is proud to announce that Mark Kaplan been promoted to President. Kaplan will also continue to serve as the company’s Chief Operating Officer.
“This promotion is earned and well deserved,” said Peter Ripka, co-founder of RIPCO along with Todd Cooper. “Mark is highly intelligent, ambitious, analytical, creative and solves problems in fair minded ways. He is a natural born leader and more important than anything, he has become family for us, and we enjoy working with him every single day.”
Under Kaplan’s leadership, and in the five years since joining in 2017, he has been instrumental to the firm’s growth having accomplished the following:
· Increased RIPCO’s market presence from three offices to eight, with locations in Manhattan, Queens, Brooklyn, New Jersey, Long Island, Connecticut, as well as the company’s 2021 launch in Florida, with offices in Miami and Tampa
· Grew RIPCO’s brokerage team to over 100 brokers from 33 in 2017
· Launched RIPCO’s additional service lines including RIPCO’s investment sales, property management and debt/equity and structured finance divisions
· Led the company through its first-ever merger and acquisition deal with the recent acquisition of BCD, a premier restaurant real estate brokerage specializing in the development and expansion of food and beverage brands
As President, Kaplan will oversee company operations, expansion, implementing new initiatives, and sourcing strategic opportunities that continue to further RIPCO’s reputation as an independent, full-service brokerage powerhouse. Additionally, he will work closely with RIPCO principals Peter Ripka, Todd Cooper and Gene Spiegelman to nurture and expand RIPCO’s unique culture of collaboration and client commitment that has been cultivated over the past thirty-one years.
“After more than five years at RIPCO and working closely with Todd, Peter and Gene to expand the firm’s offering, I am looking forward to taking on this new leadership position,” said Kaplan. “It’s been rewarding to be part of the company’s growth, especially during the challenges brought on by a global pandemic, and I am eager to continue to advance RIPCO as a highly regarded and nationally recognized real estate firm.”
Kaplan is also an Executive Board Member of the Long Island Real Estate Group and co-founder of its Next Generation Division, as well as a founder of Sagamore Hill Partners, a retail-focused real estate investment firm. Kaplan is a licensed real estate broker and member of the New York State Bar Association. He graduated with honors from Columbia Law School.
For more information about RIPCO, please visit www.ripcony.com.