BEVERLY HILLS, CA-GlobeSt.com has learned exclusively that Kennedy Wilson has hired Michael Pakravan to join KW Properties Group, the commercial-brokerage and property-management division of the firm, as VP. He will be based in the firm’s Beverly Hills office.
Prior to joining KW, Pakravan was a top producer at Center Business Management in L.A. A seasoned retail broker, he has represented both landlords and tenants throughout Los Angeles, Riverside and Orange counties, working with companies such as Chase Bank, Wells Fargo, Dollar Tree, Big 5 and FedEx Kinko’s. He has also successfully represented a wide array of landlords, including Denley Investments, Safco Capital, 7-Eleven, Bolour & Associates, El Tapatio Markets, Parkford Properties and Axiom Realty. In addition, Pakravan has received a number of awards and has completed more than 400 lease transactions during the past nine years, closing 17 in one month alone.
“Michael’s combination of development experience, business savvy and real-world know-how will be a valuable addition to our brokerage team,” says Ed Sachse, executive managing director of KW’s commercial brokerage division. “His track record as an effective dealmaker exemplifies what Kennedy Wilson prides itself on. We look forward to a synergistic and long-lasting business relationship with one of the industry’s top leading professionals as we continue to expand our team.”
The hiring of Pakravan is part of a continuing expansion in Kennedy Wilson’s brokerage division in Los Angeles. As GlobeSt.com reported in May, the firm added Fred Cordova, Christine Deschaine and Ryan Eddy. At the time, since the first quarter of this year, KW had added seven veteran brokers, including three in Los Angeles, two in Northern California and two in Austin, TX.