Massey Knakal named among top sales firms.Massey Knakal Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Services has scored a double header in the investment sales arena. The firm has been named one of the Top 25 Brokerage Firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and chairman and founding partner, Bob Massey, has been ranked among the top ten investment sales brokers in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. for a fourth consecutive year. Massey Knakal was ranked #24 by National Real Estate Investor A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. magazine. The survey results are based on the Top Brokerage Survey conducted by the magazine in February and March of this year. "Given that we focus on only one discipline and are in only one market, it's an understatement to say that we're thrilled to be recognized on a national level," said Massey Knakal chairman Robert Knakal. "New York City is the toughest place in the world to do business, and we're proud to know that on a daily basis, the people in this company prove that the nice guy/girl can finish on top." The rankings were based upon total value of leasing dollar transactions and/or investment sales transactions in 2006. Massey Knakal closed 413 transactions with a total aggregate market value of $2.1 billion. Meanwhile, Massey Knakal chairman and founding partner, Robert A. Knakal, has been named one of Costar's Top Ten Investment Sales Brokers in New York City for a fourth consecutive year. Knakal, a graduate of the Wharton School of Business at the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. , was best-owed the honor based on the aggregate consideration of his sales last year. In 2006, he closed more than $800,000,000 in investment property sales. To date in his career, Knakal has been responsible for the sale of more than 940 buildings worth more than $5 billion. "Individual recognition is nice, but I'm always more concerned about the performance of the company," Knakal said. "My partner Paul [Massey] and I are proud that 2006 was a recording year for Massey Knakal." Knakal started as a full-time investment property specialist with Coldwell Banker Commercial's midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town Manhattan office (now CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. ). In 1984, he collaborated with Massey to establish a property sales group in Manhattan. They served as co-directors for the new specialization and in 1986, shared CB's prestigious top salesman award in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Knakal and Massey retained this top ranking until they left the firm in November 1988 to start their own business. In 2006, Massey Knakal closed on the sale of 413 transactions involving 529 properties with an aggregate market value of $2,100,000,000. |
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