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Randy Modell

Randy Modell

Partner

2

Closed

127K

Area

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LEASED
TENANT
Steve Hornstock Of ABS Partners & Randy Modell Of Modell Investment Team Sign 75-Year Ground Lease At 515 West 57th Street For $17.2M
Office46K sqf
Property Image
LEASED
BROKER
First Pioneer Properties Leases 80,676 SF Office Space To Piece Of Cake Moving & Storage
Office$24 PPSF80.7K sqf
Alexander Taic
Steven Hornstock
+ 4

About

I am currently a partner at ABS Partners, where I began my career 20-years ago. From 20-years in the industry advising families and institutions, brokering deals, and buying and managing deal for my own account, I have developed relationships with most of the major owners, attorneys, and brokers in NYC – an invaluable resource! Anyone in NYC Real Estate that I do not know, I am one degree of separation away from being introduced to them. . Acquisitions and Ownership: • Identify and source off-market opportunities • Handle all aspects of due diligence • Negotiate the purchase and sale agreement • Raise and structure the equity investment • Obtain financing • Implement the business plan • Oversee the property manager Advisory and Brokerage Activity: • Fee and leasehold valuations • Implementing highest and best use strategies for underutilized assets • Zoning analysis • Assembling and vacating properties for development, including purchasing air rights • Investment sales and net leasing • Identifying and structuring JV Partnerships • Overseeing the 1031-Exchange process • Advising through end-of-lease-term complications • Valuating and structuring rent resets ... Read More

Member since: August 2022