Sperry Commercial Global Affiliates Expands Into Chicago with Ellermann Brokerage, Inc.

Irvine, CA (August 21, 2017) – Sperry Commercial Global Affiliates has announced that Ellermann Brokerage, Inc., a Chicagoland-based brokerage, has joined as its first Chicago affiliate. Led by David P. Ellermann, CCIM, CIPS, Ellerman Brokerage, Inc. specializes in office investment sales and industrial tenant representation. “I’ve always looked to be innovative and entrepreneurial, regardless of...

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Tax Credit Buyer Acquires Garden Grove Affordable MF

Connect California – July 28, 2017 Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Garden Grove Manor Apartments, a 78-unit cooperative community in Garden Grove, CA, traded hands for $13.2 million. The buyer was an Orange County-based affordable housing developer, which converted the property to affordable...

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The Accidental Pilot – How A Business Venture Led to Neil Sherman’s Private Pilot License

AZRE July/August 2017– By DAVID MCGLOTHLIN Unlike most private pilots, Neil Sherman bought his first airplane before he had his private pilot license (PPL) and unlike most pilots, he earned his PPL about 20 years after his first lesson in the late 1980s. “I wasn’t in a hurry,” explains Sherman, managing director of Sperry Commercial Global Affiliates’ Phoenix office. “I loved to fly and had...

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Hotel, Apartment Concept Pitched for Downtown ATT Skyscraper

By Brent Godwin  – Real Estate Editor, Birmingham Business Journal – Jun 15, 2017, 12:07pm CDT Updated Jun 15, 2017, 12:30pm A mostly vacant skyscraper in downtown Birmingham could get a new lease on life, as brokers are pitching a mixed-use concept for the building. Berkadia said today it is marketing the top 18 floors of the 30-floor AT&T City Center building for hotel and residential...

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Ram Rafiee of BRC Advisors, A Sperry Commercial Global Affiliate, Sells Claremont Hotel Westwood for $12.25M

UPDATED, 12:55 a.m., April 26: Shamina Investments, a Los Angeles-based firm, has snapped up the aging Claremont Hotel Westwood for $12.25 million, its lender, Thorofare Capital, announced Wednesday. Shamina, headed by Benjamin Keywanfar, will team up with the Paligroup hospitality brand to renovate the 53-key hotel, at 1044 Tiverton Avenue, and rebrand it as the Palihotel Westwood. Paligroup will...

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BRC Advisors Receives Minority Business Enterprise Certification

LOS ANGELES, CA–(Marketwired – Mar 13, 2017) – James Huang, CEO and President of BRC Advisors, Inc., one of Los Angeles County’s top-ranked, commercial real estate brokerages, today announced that the firm has been certified as a Minority Business Enterprise (MBE) by the Southern California Minority Supplier Development Council (SCMSDC). In order to receive MBE status, its...

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Insignia joins Sperry Commercial Global Affiliates as affiliate

Insignia Commercial Real Estate has become the first Phoenix affiliate for Sperry Commercial Global Affiliates. The current Insignia team numbers seven brokers and support personnel with plans to grow to 15 to 20 brokers within the next 12 to 15 months. Neil Sherman, managing director, noted that the firm plans to add a property management platform and a capital markets group over the next year...

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Sperry Commercial Global Commercial Affiliates Completes $27.4 Million Sale of Apartment Portfolio

VICTORVILLE, CA – Sperry Commercial Global Affiliates, LLC has completed the $27.4 million sale of a two-property, fully occupied apartment portfolio totaling 320 units in Victorville, Calif., a city in the High Desert region of the Inland Empire. The properties, which are located approximately 2.5 miles apart, are both garden-style assets built in 1988 and renovated in 2014. In total, they include...

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Sperry Commercial Global Affiliates Brings The Andrews Group on Board as First Alabama Affiliate

Irvine, CA (February 15, 2017) – Sperry Commercial Global Affiliates, LLC has announced that Keith Andrews of Sperry Commercial Global Affiliates -The Andrews Group has joined as its first affiliate in Alabama. This latest announcement builds on Sperry Commercial Global Affiliates’ aggressive national expansion, as its first affiliate in the Southeast. The firm has been adding affiliates across...

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Top Brokerage Firms in 2016

Commercial real estate brokerage firms posted another strong year in 2015, growing both leasing and investment sales volumes, according to data provided to NREI as part of our annual ranking of the top commercial real estate brokers. CBRE Group continued to lead the way. It is the 13th consecutive year that CBRE has led the industry in total transaction volume. CBRE cracked $300 billion in transactions...

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