Partners CRE Closes $200 Million in Commercial Deals
In two short years, Beverly Hills-based Partners CRE has grown dramatically.
The group closed more than 50 deals worth $150 million in 2019, its founding year. It topped that in 2020 despite the pandemic, with $200 million in sales.
Partners CRE stands out for its focus on commercial real estate within Compass, the big-name brokerage known for handling home sales.
The division is led by Shaya Braverman, Morgan McMullin and Dario Svidler, who knew and worked with each other for years before creating Partners CRE.
Commercial division’s top producers launch Partners CRE
Introducing Partners CRE, a new Compass Commercial real estate team.
On the heels of Compass Commercial LA hosting its inaugural annual awards to celebrate the division’s top producers, four of its award winners—Top Producer Dario Svidler, Platinum Producer Shaya Braverman and Gold Producers Morgan McMullin and Zachary Krasman—joined forces to form Partners CRE at Compass. Established as a collective, Partners CRE will be headquartered in Compass’ Beverly Hills office on Rodeo Drive and also features junior members Patrick Barakat, Tai Kagehiro and Justin Ruder. They are supported by staff members Robert Fitzgerald (operations), Peter Svidler (operations) and Robert Gutierrez (marketing).
Chatting with Commercial agent Shaya Braverman about Residential vs. Commercial business
New Apartment Project in Los Angeles Trades for $683k/Unit
A 10-unit, brand-new 2019 construction apartment property in L.A.’s Mid-City area was acquired by an out of area buyer in a $6.83 mil transaction. The deal came in a cap rate of 4.4%, a GRM of 15.62 and a price of $683.5k per unit.
Pocket Park in the Works Near the Gold Line's Soto Station
The proposed green space would replace an early 20th century duplex.
The Department of Recreation and Parks has requested permission to begin the process of acquiring a .19-acre property at 318 North Mathews Street - called the Brooklyn Heights Parcel - for the purpose of using it for open space. The Department will need to determine a funding mechanism for acquisition of the property and conduct an environmental study of the land prior to finalizing any purchase.
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Coming Soon: What’s Underway for Hollywood Park Complex
While eyes are focused on the giant stadium superstructure nearing completion in Inglewood, Los Angeles Rams owner Stan Kroenke’s real estate development company is also hard at work on the surrounding 280-acre retail and entertainment complex.
“LA Confidential” studio lot sells for $20M
Remember dear readers, you heard it here first, off the record, on the QT, and very hush-hush. — Sid Hudgens, “L.A. Confidential”
Updated Wednesday, August 23, 2017 at 4:02 p.m.: The Lincoln Heights property — where notable movies such as “LA Confidential” and “Dead Presidents” have been filmed — sold to production firm Buck Design for $20 million in a deal that closed Tuesday, sources (on the hush-hush) told The Real Deal.
Partners CRE wraps a record-breaking year
Leading Compass Commercial, top agents Dario Svidler, Morgan McMullin, and Shaya Braverman are quite the team — closing more than 50 deals and a total of $150 million in 2019 alone, they are a proven powerhouse in commercial brokerage deal making.
Realtors Report WeHo’s Purchase of Lot on SMB at Sweetzer Has Closed
It’s official. The City of West Hollywood’s purchase of the 21,892 square foot lot across from City Hall closed last Friday.
The property, which sits on the northwest corner of Santa Monica Boulevard and Sweetzer, is the location of Crossroads Trading Co, Peters Cleaners, and Joey’s Café. It is adjacent to the property that houses the Coast Playhouse at 8325 Santa Monica Blvd., which the city purchased in 2016 for $2.5 million.
New Res Development in Westchester Sells for $575k/Unit
A brand new, 18-unit multifamily development in Westchester sold for $10.35 mil, or $575k/unit. The property, located at 6908 Knowlton Place, between La Tijera and La Cienega Blvds, was sold by the developer, TJC Real Estate Fund. It was designed by Southern California Architects.
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Development in Inglewood has skyrocketed ahead of the opening of the stadium that will house the National Football League’s Los Angeles Rams and Los Angeles Chargers.
The Brick Work Podcast: Dario Svidler of Compass Commercial Full Episode
Dario features as our first podcast guest during the summer of 2019 to discuss development, the apartment business, co-living, and opportunity zones.