Avison Young has acquired the assets of The Singer & Bassuk Organization, adding five real estate professionals to its debt and equity financial services platform. The team will focus on capital solutions for institutional and entrepreneurial real estate owners and developers in New York City and across the US. The Singer & Bassuk Organization’s founders Andrew J. Singer and Scott A. Singer have joined Avison Young as principals in New York and co-leads of the Tri-State Debt & Equity Finance Group. Senior Directors Kathleen McSharry, Jeffrey C. Moroch and Alan Schwartz are also joining the Avison Young office in New York.
The Singer & Bassuk Organization, a boutique real estate investment firm, is a six-time winner of the Real Estate Board of New York’s “Most Ingenious Deal of the Year” awards. It has arranged billions of dollars in transactions on behalf of owners and developers including some of the most iconic office, residential and commercial assets in New York City and around the U.S.
As co-leads of the Tri-State Debt & Equity Finance Group, the Singers will work closely with John Kevill, president, US Capital Markets for Avison Young and James Nelson, head of Tri-State Investment Sales.
“This acquisition is of particular strategic importance to Avison Young, as their deep relationships with some of the most prominent New York developers will help us continue to grow our client base in New York and around the US,” Nelson said in prepared remarks. “Their consultative style to problem solving has won Singer & Bassuk a multitude of awards for creative deal execution and is a perfect fit for Avison Young’s client first approach.”