Charles Rutenberg Realty is expanding its firm by adding around 100 agents working in commercial real estate.
They will cover the entire Long Island and New York metropolitan areas and, if necessary, will complete transactions on a national basis.
Richard Diller, the new director of the commercial division, commented, “Our growing roster of agents will give us a broader presence in the marketplace and provide businesses and investors greater resources when considering new locations as well as new investment opportunities.”
Diller was the founding member of Equity Programs, Ltd., a real estate firm based in Manhattan, where he was responsible for creating 39 investment partnerships with a value in excess of $140 million. The portfolio included more than 2,500 apartment units and 500,000 s/f of commercial space.
As president of Equity Realty Securities Corp., he raised over $70 million from high-net worth investors for the acquisition of real estates in nine states.
CRR currently has some 1,300 agents ain the tri-state area.