NGKF Capital Markets has added depth to its national platform with the addition of David Behin as executive managing director to spearhead capital markets efforts in Brooklyn. A leading broker in investment sales, Behin catapults NGKF Capital Markets to the forefront of the Brooklyn market, further fortifying NGKF’s national prominence with market-leading teams in top gateway cities across the United States.
“David has an outstanding track record in institutional sales in the Brooklyn market and adds significant depth to the NGKF Capital Markets team nationally while also bolstering NGKF’s dominant foothold in New York,” President of NGKF James D. Kuhn stated. “Brooklyn has become a critical market for institutional investment and David’s expertise is sure to strengthen our presence in this borough.”
“NGKF Capital Markets’ strong international platform, along with the firm’s full-service offerings and global reach allow me to take my business to the next level.” said Behin. “I look forward to working with the firm’s top Capital Markets teams in Boston, Los Angeles, San Francisco, Seattle and Washington DC, as well as NGKF’s existing leasing team in Brooklyn to bring maximum value to my clients both in the local market and worldwide.”
With more than a decade of experience, Behin has accumulated an extensive investment sales portfolio, bringing a significant track record to NGKF Capital Markets. Co-founding The Developers Group in 2002-now MNS-one of New York City’s premier, full-service residential and investment sales brokerage firms, Behin has helped plan and bring to market thousands of condominium and rental apartments in New York City, including over 1500 apartments on the Williamsburg waterfront. In 2011, Behin launched the Investment Sales and Advisory Division of MNS, which has since completed more than $500 million worth of transactions, including the sale of development sites, multifamily properties, note sales and equity and debt placements. As a partner of MNS and the president of its Investment Sales and Advisory Division, Behin has been involved in more than $4 billion of real estate transactions in the Tri-State area, with some of his most notable work including the sale of the St. Vincent de Paul church, a 75,000-square-foot conversion site located in North Williamsburg; the note sale of 53 Broadway, an 80,000-square-foot site in South Williamsburg; and the sale of 247 North 7th Street, a 140,000-square-foot development site in North Williamsburg.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.