Oakland, CA, February 03, 2010 --(PR.com
)-- Cornish & Carey Commercial/ONCOR International (C&C), the dominant real estate force in Northern California, today announced that the firm has significantly expanded its multi-family investment services group by adding the brokerage team from Premier Apartment Advisors. Premier Apartment Advisors’ Richard Knutson, John Leyvas, Jay Cross, Stephen Pagones, Mike Pagones and Anthony Pappageorge will be based in C&C’s Oakland office and Vince McCarrie will be based in C&C’s Santa Clara office. This team joins industry veteran Keith Suddjian, senior vice president in C&C’s Palo Alto office, who together comprise C&C’s Apartment Advisors.
“Cornish & Carey is excited to welcome the Premier Apartment Advisors team to the C&C family,” said C&C CEO Chuck Seufferlein. “Adding these talented investment brokers to C&C’s respected Apartment Advisors group enhances our ability to service the multi-family investment market.”
Richard Knutson and John Leyvas co-founded Moison Invesment Company’s East Bay Group in 1997. The company became Premier Apartment Advisors in 2006. The Premier Apartment Advisor team is active in all nine Bay Area counties as well as the northern Central Valley and Sacramento. The team has a strong track record in servicing a wide variety of clients, from private equity clients to institutions, REITS, professional investors, advisors and developers. They have experience in selling all types of multi-family properties including senior housing, affordable housing and bulk condominium conversion sales.
“Over the past few years, Premier Apartment Advisors was fortunate to have had several options for growth,” said Richard Knutson, now a senior vice president with C&C. “We ultimately chose to join Cornish & Carey because our teams share the same business values, professionalism and high ethical standards. Additionally, we have the utmost respect for the talented people at C&C, and are proud to be a part of this team.”
The new executive members of the C&C Apartment Advisory team include:
Richard Knutson, CCIM – Senior Vice President
Mr. Knutson began his real estate career with Coldwell Banker Commercial as an apartment investment specialist in 1982. During his 15-year tenure he earned “Top Rookie” and “Top Five” honors. He joined Moison Investment Company – East Bay Group as a partner in 1997.
Mr. Knutson has successfully closed nearly 200 sales transactions representing more than 10,000 units for a value in excess of $1 Billion. His expertise includes underwriting apartment investments, structuring financing, condominium conversions, tax-deferred exchanges and affordable housing transactions.
John Leyvas – Senior Vice President
In 2006, John Leyvas co-founded Premier Apartment Advisors, formerly the East Bay office of Moison Investment Company. He joined the Moison Investment Company in 1992 where he earned “Top Salesman” honors eight times. Prior to Moison, he was an investment broker with Grubb & Ellis Commercial where he earned the “Rookie of the Year” award, and was on the “Top Ten” List. Mr. Leyvas was a founding Board Member of the Northern California Apartment Council.
Mr. Leyvas has successfully closed transactions with sales valued in excess of $1 Billion. He specializes in analyzing apartment investments, condominium conversions, affordable housing tax-deferred exchanges market area economic analysis, buyer profile analysis and apartment forecasting.
Jay Cross – Vice President
Jay Cross has been a senior investment advisor with Premier Apartment Advisors since 2003. Previously, Mr. Cross held the position of Acquisitions Manager for Palo Alto-based Pacific Property Company where he was responsible for the acquisition, market repositioning, and subsequent disposition of San Francisco Bay Area apartment assets. He also served as Acquisitions Director for San Francisco-based SSR Realty Advisors (now BlackRock), targeting apartment investments in major West Coast markets on behalf of institutional clients and commingled funds. Mr. Cross is responsible for closing transactions on more than 4,100 units representing in excess of $500 Million.
Other new C&C Apartment Advisory team members include:
Stephen Pagones – Senior Sales Associate
Mike Pagones – Sales Associate
Anthony Pappageorge – Sales Associate
Vince McCarrie – Sales Associate
About Cornish & Carey Commercial
A dominant regional real estate force since 1935, Cornish & Carey Commercial/ONCOR International provides a full range of services for both property owners and companies occupying buildings throughout Northern California. More than 250 agents uphold C&C’s core values of integrity and knowledge creating a powerful combination of people and services. With 11 strategically located offices - Santa Clara, Palo Alto, San Mateo, San Francisco, Oakland, Walnut Creek, Emeryville, Pleasanton, Hayward, Roseville and Sacramento - Cornish & Carey Commercial is one of the largest privately held commercial real estate service providers in the world. Our services have expanded throughout the United States and to major markets internationally in conjunction with the company's affiliation with ONCOR International, an organization of leading brokerage firms in North, Central and South America; Europe; Africa; Asia and Australia. For more information, visit Cornish & Carey Commercial online at: http://www.ccarey.com/