X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Kaufman Realty Group, a commercial real estate investment and management firm, is seeking acquisition opportunities after selling various properties over the last two years. The company has hired Simon Arpiarian as director of acquisitions/asset management.

Arpiarian, who previously was associate vice president of investment sales with DTZ Rockwood, says Kaufman Realty’s strong liquid position allows the firm to capitalize on buying opportunities resulting from the economic downturn and continued uncertainty in the capital markets.

“Frankly, we think the dislocation of the credit markets gives us an advantage,” Arpiarian tells GlobeSt.com. “Our business is buying assets at a price that makes sense to us and to our investors.”

Based in Atlanta for the last 14 years, Kaufman Realty seeks out value-add properties for its private and institutional investment partners. It was an active seller in 2006 and 2007, when commercial properties commanded record prices, and intends to continue many of those broker relationships in buying mode.

“We deal regularly with investment brokers in our acquisition efforts, and tenants and their tenant brokers in our asset management efforts,” says Craig Kaufman, the company’s president. “Simon has worked with both these constituencies and understands our customer’s perspective.”

Kaufman notes that Arpiarian also brings solid analytical skills to his new position, having started his career with Studley Inc. helping large law firms and corporations reduce their real estate costs. The Cornell University graduate was also a senior consultant with Ernst & Young’s Real Estate Advisory Services, directing projects for institutional owners and consulting on multi-billion-dollar portfolio valuations.

Arpiarian, a resident of Buckhead, will report directly to Kaufman in the company’s Atlanta office. Kaufman Realty owns office properties in Atlanta, Charlotte, NC, and Jacksonville and Orlando, FL.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.