Berkadia announced last week it is launching a new investment sales team in Morristown.
Joining from CBRE, the group — Senior Managing Director Nat Gambuzza, Senior Directors Spencer Beriont and Trevor Fiebel, Director Tim Blashford, Senior Transaction Manager Brian Antognini and Senior Financial Analyst Mike O’Reilly — will establish a new investment sales office for the firm, reporting to Executive Vice President, Co-Head of Investment Sales Keith Misner, Berkadia said.
“We’ve been expanding our presence in the Mid-Atlantic and Northeast significantly over the last 18 months with industry leading hires in Washington, D.C., and Boston,” Misner said in a statement. “We are very excited to add Nat and his team to that growing bench.
“This group is unmatched in experience and expertise in the region and across all client types, which is more crucial than ever as we see an increasingly diverse and aggressive investor pool looking to enter the multifamily space,” he added.
At CBRE, the team consistently ranked among that company’s top investment sales groups.
Gambuzza and his colleagues provide strategic insight and advice to private investors partnerships, leaders and institutions for transactions including portfolio sales, distressed property sales, note sales and 1031 tax exchange transactions. Recently, at CBRE, that’s resulted in the $14.33 million sale of a Ridgewood apartment complex. Last year, the group announced six sales transactions in April that added up to a cumulative $42 million.
“We’re thrilled to join Berkadia and to continue to affirm the company’s position as a leader in investment sales in the Northeast,” he said in a prepared statement. “In joining Berkadia’s robust platform, we’re eager to sustain the incredible momentum the industry saw in 2021 by bringing our clients the best suite of technology, resources and support to inform their strategic decision making. Together, we’re bringing the best services and solutions to help meet the needs of this evolving market and exceed our collective goals.”