Flagler Expands Multifamily and Retail Offerings
- Jul 12, 2011
Flagler Real Estate Services, LLC (FRES), the brokerage and property management arm of Flagler, is expanding its multifamily and retail offerings with two strategic alliances. On the multifamily side, FRES is joining forces with Auker Developments, and on the retail side joining with DBR & Associates, LLC.
Bringing in these two companies and their asset classes is part of Flagler’s efforts to reinforce its third-party real estate offerings.
With Auker Developments, FRES adds Scott Auker, who has been involved in development, construction and management of more than 5,000 multifamily rental and condominium units throughout the Southeast and Mid-Atlantic. Auker’s focus will be advising developers, investors and land owners in acquisition, disposition and development.
With DBR, principals A.J. Belt and Brian Mark bring a combined 40 years of experience, along with their 14-person staff. FRES gains a 2.5 million square-foot portfolio of 40 retail properties as well, valued at more than $400 million.