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February 23, 2019
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ETC... ETC... NEWS
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SVN Expands Its SoCal Footprint with Two New Partner Firm Arrangements

1/24/19

SVN International Corp has completed two industry moves with new SoCal partner firms as part of the company’s capital investment based growth strategy plans. In one move, SVN has merged ECP Commercial into the San Diego office of SVN | Vanguard. In the other, SVN has acquired a team from Advisors Real Estate, to form SVN | Commercial-DTLA, located in Downtown Los Angeles.

This expansion represents the first phase of SVN’s new Partnership Strategy. Through this new structure, SVN is acquiring minority interests in established companies and high-growth teams in strategic markets that will operate under the SVN brand and franchise structure. These investments are the first of several minority interest acquisitions planned for 2019 and 2020.

“As the SVN brand continues to grow both nationally and overseas, we needed to layer on faster growth to drive deal flow for our existing and future franchise offices,” said Kevin Maggiacomo, President & CEO of SVN International Corp. “Bringing ECP and the top producing team from Advisors Real Estate into the SVN brand in some of the traditionally hottest commercial real estate markets provides us the opportunity to rapidly expand our brand to better serve all SVN offices and their clients.”

ECP Commercial has been a leading commercial real estate firm in the San Diego market for 34 years providing sales, leasing, property management and maintenance services. Founded in 1984 as East County Properties, the company rebranded to ECP Commercial as the business expanded throughout all of San Diego County.

The existing SVN | Vanguard multifamily team will move from Downtown into the ECP offices at 4455 Murphy Canyon Rd, San Diego, CA 92123. With the addition of SVN’s multifamily team, SVN | Vanguard’s office in San Diego will provide the full spectrum of real estate services to the San Diego real estate market. SVN | Vanguard’s San Diego office currently has 14 advisors and a combined staff of 25. The company will continue to grow aggressively through acquisition and recruiting and expects to double in size in the next 12 months. The San Diego office will be led by Managing Directors Joe Bonin and Pat Millay, formerly of ECP, as well as Jorge Jimenez and Dennis Leslie of the current SVN | Vanguard office.

SVN | Commercial-DTLA is led by Matthew T. Renshaw and Mark O’Brien, who each have 20 years of commercial real estate experience, the bulk of which was spent at CBRE. After CBRE, Renshaw and O’Brien moved over and ran the downtown Los Angeles office of Advisors Real Estate before partnering with SVN. SVN | Commercial-DTLA plans to aggressively grow its operations through strategic acquisitions and recruits in their local market, alongside SVN’s Los Angeles Regional Developer, David Rich.





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