Los Angeles

LOS ANGELES—Concord RE has unveiled its aggressiveexpansion goals. The Beverly Hills-based brokerage house has acquired Prosser Stevens Real EstateInvestment, a multifamily investment sales-focused firm foundedin 2011 by Kenny Stevens and Heidi Prosser Stevens.Formerly an independent operating firm under Keller WilliamsCommercial Realty, Prosser Stevens' 12-person team has moved tothe Concord RE offices in Beverly Hills and will operate under thename Concord RE as a single firm.

“We have been really focused on multifamily investment sales forthe past six years, and we were really drawn to Concord'sfull-service model,” Prosser Stevens, who is now chief operatingofficer and managing partner at the new firm, tells GlobeSt.com.“We really saw the benefit of being at a full service platform forboth our agents, and most importantly, our clients. Because ofwhere the market is right now—this is such an exciting time andthere is a ton of growth—we felt like this was the best time tocapitalize on this opportunity.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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