Report: Luxury Home Sales in Markets North of NYC Increased by Double Digits in the Third Quarter
The growing number of closed sales is concentrated in the lower end of the luxury market.
Building and Land Technology, a leading privately held, vertically integrated real estate developer, manager, and private equity firm, recently announced the appointment of Brian Carcaterra as Executive Vice President.
Prior to joining BLT, Carcaterra spent over two decades as a broker and senior leader at Newmark Group, Inc. and CBRE Group, Inc. specializing in agency and tenant representation on a local, national and global level. He also co-founded Homewood Real Estate Partners, which has aggregated investments in more than 25 different assets. Carcaterra’s extensive client list includes several of the largest hedge funds in the world as well as many local, regional and national real estate and financial services firms.
Carcaterra will be responsible for assisting in the oversight of leasing for BLT’s national office portfolio, investments and joint ventures. Carcaterra will be co-leading the leasing initiative with BLT’s Leslie Whatley, Executive Vice President.
“Over more than three decades, we have developed, owned, operated, managed and invested in more than 25 million square feet of real estate and have had the opportunity to work with many brokers and business owners. Brian not only brings an extensive client list and substantial commercial real estate industry experience to assist in our national leasing efforts, but he also understands the benefits of BLT’s offerings in creating innovative connections between residential and office spaces that underscore our commitment to building communities that endure and fuel growth,” said Carl Kuehner, III, Chairman of BLT.
Over the course of his brokerage career, Carcaterra has been recognized by NAIOP, BOMA and other Industry groups for spearheading multiple “Deal of the Year” and “Brokerage Team of the Year” award-winning initiatives both locally and nationally. Prior to his real estate career, he was a professional player in Major League Lacrosse where he was an All-Star and World Champion. He is a part-owner of the Albany Firewolves of the National Lacrosse League and has served on multiple charitable boards.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.