Former Eastern Consolidated Leaders Join ABS Partners
Peter Hauspurg and Daun Paris, along with Peter Takiff, Eastern’s former CFO, will focus on acquisitions and expanding the firm’s relationships.
NEW YORK CITY—Following Eastern Consolidated’s closing in July, the brokerage’s former CEO and chairman Peter Hauspurg and president Daun Paris have landed new jobs. The husband and wife team have joined ABS Partners Real Estate along with Eastern’s former CFO, Peter Takiff.
Hauspurg has been appointed a co-managing partner, while Paris and Takiff are senior members at their new firm. They all will work on building the New York-based real estate investment and management firm, and expanding new relationships. They’ll team up with co-managing partners Peter Burack and Steven Hornstock, and with partners Jason Fein and Randy Modell in the equity investment platform, which connects the firm and its clients with real estate ownership opportunities.
Hauspurg and Takiff will work at the Manhattan headquarters located at 200 Park Ave., focusing on sourcing and structuring investment opportunities. Paris will co-invest in equity opportunities and will manage the portfolio of properties in which she is a managing principal.
“This new chapter in the esteemed careers of Peter, Daun and Peter holds tremendous promise for the growth and success of the ABS Partners investment platform and our ability to source equity investments that meet the appetites and investment goals of our many long-time partners,” says Gregg Schenker, president and co-managing partner at ABS Partners.
Hauspurg commends ABS Partners for their abilities, speed and precision in securing investment opportunities, assembling the deal structures and having partnership to bring deals to closing. “We look forward to connecting our new partners with great opportunities and also introducing the opportunities to our long-time clients who want to have the chance to participate in commercial real estate investment at such a high level,” says Hauspurg.
ABS Partners currently has an investment portfolio of more than 96 properties totaling 13.25 million square feet in 10 states. Fifty-two of the firm’s assets are in Manhattan. The company invests in the full gamut of property types ranging from office, multifamily, industrial, retail, and hotels to parking.
ABS Partners’ recent transactions include buying from the Zirinksy family a 50% interest in a 31-acre parcel with six research and development properties in Princeton, NJ; the acquisition with operating, managing, marketing and leasing responsibilities of 5000 Broadway in the Bronx; and the purchase of 145 E. 57th St. as a redevelopment, leasing and marketing project.