Erik Yankelovich: Investment Sales Brokerage | Discovering Commercial Real Estate Podcast #10

Erik Yankelovich is a Principal and founding partner at ARG. He began his career as a commercial real estate sales associate in 2003 and quickly developed a distinguished reputation in the industry. He is an expert in the New York City real estate market and has established many dynamic relationships with countless property owners. Erik educates his clients on all aspects of the commercial brokerage business and has a very active client base of local and abroad investors. He has negotiated the sale of over $1B worth of real estate. Erik’s transaction and press releases have been featured in outlets such as Crain’s, The New York Times, The Real Deal, BISNOW, NYRJ and Commercial Observer. Notably, several of his transactions broke records allowing many in the industry to reach for new heights. Among some of his more notable transactions are:

Blackstone’s purchase of 535 Zerega Avenue for $28,500,000
Greenroad Capital purchase of Prospect Park South buildings for $27M
$46 million portfolio sale of three large Brooklyn elevator buildings
$27M Upper East Side Sale to European investor
Rybak buys Brighton Beach site for $13.5M, plans 22-story tower
Sale of 115 Ocean Ave., an 89-unit Prospect Park building for $25.7 million, about $16 million more than previous owner paid four years prior
Sale of longtime Sheepshead Bay diner for $13M
Sale of Loehmann’s Seaport Plaza for $24M

We talk about how compassion always wins in the game of commercial brokerage, how to persevere as a businessman & professional, and how to navigate the business of multifamily assets in NYC. I hope you all enjoy this episode as much as I did.

Tune in Wednesdays and Sundays @ 7pm EST to hear more conversations like this with Real Estate Developers, Real Estate Investors, Real Estate Brokers, Real Estate Private Equity Sponsors, Real Estate Lawyers, Real Estate Bankers, and Construction Managers.

If you are interested in coming on the podcast to share your journey in CRE and pave the way for the future of the industry, email us: discoveringcre@gmail.com

*Nothing in this video should be construed as tax, legal, accounting, valuation, or financial advice or recommendation. All information in this video is intended solely for educational purposes, and you are advised to consult with your own personal professional advisors regarding your personal investment decisions.

#commercialrealestate #realestateinvestment

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