Los Angeles Concord RE is based in Beverly Hills.

LOS ANGELES—Concord RE has unveiled its aggressive expansion goals. The Beverly Hills-based brokerage house has acquired Prosser Stevens Real Estate Investment, a multifamily investment sales-focused firm founded in 2011 by Kenny Stevens and Heidi Prosser Stevens. Formerly an independent operating firm under Keller Williams Commercial Realty, Prosser Stevens’ 12-person team has moved to the Concord RE offices in Beverly Hills and will operate under the name Concord RE as a single firm.

“We have been really focused on multifamily investment sales for the past six years, and we were really drawn to Concord’s full-service model,” Prosser Stevens, who is now chief operating officer and managing partner at the new firm, tells GlobeSt.com. “We really saw the benefit of being at a full service platform for both our agents, and most importantly, our clients. Because of where the market is right now—this is such an exciting time and there is a ton of growth—we felt like this was the best time to capitalize 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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