The Tri-State Investment Sales Group for Avison Young, led by James Nelson, principal and head of Tri-State Investment Sales, has added veteran investment sales professionals Terri Gumula and Daniel Tropp as directors, based in the firm’s New York City office. They will develop and execute investment sales opportunities throughout the Tri-State region, focusing on office and development properties, respectively.
“Terri and Daniel are exactly the type of talented industry veterans we seek to attract as we continue to grow,” Nelson said. “They bring a range of expertise that spans many facets of commercial real estate, many of which serve to differentiate us from our competitors—and which will lend us continued success in this extremely competitive market.”
Gumula was most recently vice president, Special Situations and Workouts at Citigroup Global Markets, where she managed a $2 billion portfolio of commercial properties and was directly involved with the restructure, sale, disposition or removal of $1.1 billion in impaired assets. Prior to Citigroup, she was managing principal at MMDC Group, and she previously held positions at Real Estate Capital Partners, Time Equities and Pearce & Mayer Realty.
Tropp was most recently an investment sales broker for Ariel Property Advisors, where he and his team evaluated over $11 billion of multifamily, development, and commercial real estate throughout New York City, selling more than $300 million in assets.