Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Karl Brumback Named Realtor Associate Of The Year By Bronx-Manhattan North Association Of Realtors

04/21/2014

Massey Knakal Realty Services proudly congratulates Karl Brumback for being awarded “Realtor Associate of the Year” by The Bronx-Manhattan North Association Of Realtors® (BMAR). Karl will be honored at their 90th Annual black tie banquet on Thursday, April 24th, 2014 at the Marina del Rey in the Bronx.

“Karl’s recognition by BMAR is a fitting testament to the professionalism he demonstrates with every client he represents, and for his commitment to enhancing the communities in which he works,” said Todd Korren, Executive Managing Director.

 For nearly a decade, Karl Brumback has been handling investment sales at Massey Knakal and has become the territory expert for various Bronx neighborhoods including Fordham, Riverdale, Kingsbridge and Wakefield. He has sold over 65 properties or notes with an aggregate consideration of nearly $400,000,000. His most noteworthy transaction was the Hamilton Dunbar Portfolio which consisted of a 15 building portfolio containing approximately 1100 units located throughout Northern Manhattan.  The properties were sold in six transactions based primarily on location to maximize value and economies of scale.  The aggregate sales consideration for the portfolio was over $139 million.

Karl graduated from the University of North Carolina with his Bachelor of Science degree in Chemistry and went on to the University of Virginia's Darden School to earn his MBA. After taking a real estate course taught by Massey Knakal Founding Partner Paul Massey, Karl bought and renovated a townhouse on Manhattan's Upper West Side and subsequently purchased and renovated several more buildings. His passion for real estate led him to his current role at Massey Knakal. His prior professional career included management consulting, supply chain management, manufacturing operations and immunotoxicolgy research.

Karl is involved in a variety of philanthropic and service endeavors with a focus on education, including serving on the University of North Carolina’s Board of Visitors and the University of Virginia’s NCOUR grant foundation. He is a board member of BMAR and serves as VP of Grant Applications for Massey Knakal’s Charitable Foundation.

BMAR is a professional trade association officially representing the real estate industry since 1924 and is the local chapter for the New York State and National Association of Realtors®.The association continues to unite the real estate industry and business community by bringing together hundreds of members, companies, and friends from throughout the New York metropolitan region to network and renew old friendships. For more information on this event, please visit www.bmar.org

04/21/2014 - 09:40

Source

Cushman & Wakefield Capital Markets Group New York

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