NEW YORK CITY-Looking to expand its brokerage and real estate service business into the retail sector, financial services firm GFI Capital Resources Group has formed GFI Retail Group.

The group will acquire and broker all types of retail properties, as well as joint venture on projects with owners and developers. In addition, the division will focus on exclusive portfolios and act as a broker for owners, as well as act as a tenant representative for retailers.

“For GFI, it was a perfect time. The company has been in business for a long time, and understand all facets of the business,” Lon Rubackin, managing director of the new venture, told “It has always been nimble and opportunistic. For companies that are well-capitalized, this may be the first and only time in recent memory where there will be significant opportunities.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.