RelatedISG brings on new vice president
Luxury real estate brokerage RelatedISG International Realty has hired Carolina Gerdts to serve as its executive vice president.
With more than 15 years of industry experience and six with Related ISG, Gerdts will assist president and CEO Craig Studnicky in heading up day-to-day operations for the firm’s Adventura, Fort Lauderdale and Weston offices.
“Carolina is an amazing professional in our leadership team,” said Studnicky in a press release. “With 15 years of real estate experience and a wealth of knowledge about the tri-county markets, she is able to help our existing agents take their business to a higher level.”
Originally from Cartagena, Columbia, Gerdts has extensive experience working with new construction projects, residential homes, condominiums, short sales and distressed properties.
“Simply put, RelatedISG is family,” said Gerdts. “I’ve always felt that personality opens doors, but only character can keep them open. There’s a lot of character in our group, and together we have a powerful synergy.”
RelatedISG International Realty was founded in 2011 and encompasses six offices and 460 agents across Miami-Dade and Broward counties.
Tzadik Management acquires JM Real Estate
Commercial property management, leasing and sales company JM Real Estate Inc. was recently acquired by Tzadik Management, a multifamily property management company based in Miami-Dade County.
The acquisition includes management contracts for 60 locations, totaling more than 2.5 million square feet of retail, office, medical and industrial properties.
“We are thrilled to join our principles with Tzadik Management, a larger management company, and continue to expand outside our local market,” said JM Real Estate Director of Brokerage Services Jewel McDonald in a press release. “This acquisition allows us to stay competitive with today’s technological advancements in commercial property management and brokerage activities.”
JM Real Estate was founded in 1997 and has an estimated value of more than $300 million. In addition to multi-tenant office and retail spaces, the company has also been involved in a number of development projects.
A few of the projects that Tzadik Management currently manages are Tzadik Bay in Daytona Beach, Florida, and City View Apartments in Omaha, Nebraska. Since opening up in 2007, the company has managed more than $1 billion in apartment buildings, over 15 million square feet of commercial real estate, and more than 19,000 units in over 20 states.
Overseeing the onboarding and transition for the acquisition is Christina Alletto, chief people officer with Tzadik Management and president of JM Real Estate, Inc.
“We look forward to this integration and building on an already stellar reputation,” said Alletto in a press release. “Through excellent management, a focus on company culture, and a tech-driven style of operating, we are pleased to bring a new level of automation and customer service to the JM team.”