Aaron Jungreis, president and founder of Rosewood Realty Group, announced the launch of its new National Brokerage Division.
The division focuses on completely off market properties outside the New York metro area and adds a new focus for one of New York City’s top investment sales firms.
Rosewood has promoted in-house veteran sales broker Jonathan Brody to head the company’s new division as Vice President of National Investment Sales and Alan Soclof as Director.
Before joining Rosewood, six years ago, Brody worked at HHRMC, a real estate management company where he managed properties for private equity firms and hedge funds. Soclof joined Rosewood two years ago as an investment sales broker.
“We are taking the same Rosewood approach to New York and applying it to specific states in up and coming markets,” said Jungreis, who said the company already has several national deals in the pipeline in Texas, Florida, Washington, D.C., Michigan, New Jersey and Philadelphia.
“We prepared ourselves for the NYC’s rent law change that went into effect this past June,” said Rosewood’s Jonathan Brody, vice president of National Investment Sales. “We formed a team quickly and began our journey in other targeted markets. In just a few months we have seen great success.”
The Division announced its first deal closed this week: a $100 million-plus sale in DC Metro. Brody represented the undisclosed seller, a NYC family office, and Rosewood’s Alan Soclof represented the undisclosed buyer.
Rosewood also has another deal in contract – a $45.5 million multifamily sale in Washington, D.C. and a $6.4 million multifamily sale in Oklahoma City.