NEW YORK, NY – August 20, 2018 – Ariel Property Advisors is pleased to announce Alexander Taic, Stephen Vorvolakos and Eli Weisblum have joined the firm’s New York office as Directors in its Investment Sales and Capital Services Divisions. The new hires are part of the company’s ongoing expansion, with the goal of gaining an even stronger presence in the New York City commercial real estate market.
Alexander Taic, Stephen Vorvolakos and Eli Weisblum
Mr. Taic and Mr. Vorvolakos have joined the firm’s teams covering Queens and Brooklyn, respectively. In their roles, they will lead business development and networking initiatives in sub-market neighborhoods. Mr. Weisblum will concentrate on debt and equity placement, specifically for multifamily and mixed-use properties.
“Alex, Stephen and Eli are rising stars and bring a vast amount of knowledge about investment sales and commercial real estate financing,” said Shimon Shkury, President and Founder of Ariel Property Advisors. “We look forward to them leveraging our platform, and further enhancing our growing foothold in the market.”
All three Directors will report to Paul McCormick, Senior Vice President of Investment Sales and Capital Services.
“The hiring of Alex and Stephen should further entrench us as leaders in the Queens and Brooklyn investment sales markets, while Eli enhances our growing profile in the financing arena,” McCormick said. “From a company growth perspective, this is most certainly an exciting time for us.”
Mr. Taic is focused on the origination and execution of exclusive sales listings in Jamaica, Queens, as well as its surrounding neighborhoods. Prior to joining the company, he worked as a residential broker at Peter Ashe Realty. While there, he spearheaded the firm’s commercial arm, working with local businesses to acquire leases for retail and office space. In the four years at Peter Ashe Realty, Mr. Taic executed over $10 million in sales and generated over $1 million in annual rent income from residential and commercial leases.
Mr. Vorvolakos is concentrating on the origination and execution of properties in the Brooklyn neighborhoods of Sunset Park, Greenwood Heights and Bayridge. Prior to joining the firm, Mr. Vorvolakos was a Senior Associate at Cushman & Wakefield, formerly Massey Knakal Realty Services. During this time, he was involved in the valuation of over $1.2 billion in properties, and successfully participated in the sale of over 20 transactions, with an aggregate value of more than $124 million.
Mr. Weisblum is responsible for the financing of properties, both in and out of the New York City. Prior to joining the company, Mr. Weisblum worked as a commercial mortgage broker at Eastern Union Funding. Previously, he worked at Citibank, where he focused on residential and business loans. In 2016, Mr. Weisblum was named one of Citibank’s Top 5 bankers having closed over $100 million in loans during the year. Since the end of 2017, he has arranged financing for over $50 million in loans.
Ariel Property Advisors is a commercial real estate services and advisory company located in New York City. The company covers all major commercial asset types throughout the NY metropolitan area, while maintaining a very sharp focus on multifamily, mixed-use and development properties. Ariel’s Research Division produces a variety of market reports that are referenced throughout the industry.
For press inquiries, please contact our Public Relations Department at 212.544.9500 ext. 19 or via email@example.com
Click on the titles below to browse through recent Ariel Property Advisors' press releases:
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein.