Skyline Properties | Page 5

New York Real Estate Journal

Robert Khodadadian

Visit the paper online nyrej . com

DELIVERS ON NEEDS OF THE MOST DEMANDING CLIENTS WITH PROFESSIONALISM AND DISCRETION

NEW YORK , NY Robert Khodadadian has been involved in almost every realm of the real estate industry since he was 20 . He has helped drive sales in a wide range of asset types , from multifamily , retail and office to SRO ’ s , IMD ’ s , unsold shares , retail condos , partnership interests , loans , note sales , hotels , development and garages . He has leveraged his decade of experience and his growth path as an entrepreneur of his own brokerage firm Skyline Properties .

Khodadadian grew up in Great Neck , Long Island , the middle of three children of Persian immigrant parents . His father , who passed away earlier this

year , was a jeweler in Long Island . In 2002 as a junior studying finance at Pace University , Khodadadian found his passion and his career path when he purchased a foreclosed home in Hempstead , Long Island , with 100 % financing . Within three months , he completed a gut renovation and sold the house . Before he graduated , he had repeated his success with seven more properties and his professional fate was sealed .

Khodadadian was hired out of college in 2004 as an associate broker at Massey Knakal Realty Services . For two years , he participated in the sale of over 100 investment properties with total capitalizations in excess of $ 300 million in gross consideration . During this time , he was exposed to a variety of marketing and sales experiences with an array of asset types and sizes throughout the New York area . This work experience convinced Khodadadian to elevate his career to the next level .

In late 2006 , frustrated with the inefficiency he saw in the traditional way of marketing properties , Khodadadian struck out on his own and founded Skyline Properties to focus primarily on Brooklyn , Queens and the Bronx . Getting through the downturn required thinking outside of the box , by avoiding the extreme competition of the Manhattan market and pinpointing his efforts to Brooklyn , the Bronx , and Queens , Khodadadian became an active and successful seller of residential , mixeduse , affordable housing , multifamily , and development properties in the outer boroughs .

Khodadadian was instrumental in

Khodadadian ’ s discipline allowed him to develop an extensive database of customers that includes all of the major investors , brokers and individuals that are active in the commercial real estate arena ; in return the business blossomed into nearly $ 100 million worth of trans- time consuming process of obtaining exclusive listings , allows Khodadadian to be more agile than traditional brokerage firms . Leveraging his unique ability to balance aggressiveness with sensitivity , he has successfully created a platform designed to provide

Khodadadian was instrumental in expanding Skyline Properties , and in January 2010 he opened a second branch office at 220 Park Ave . The office specialized in “ quiet deals ,” which were off-market transactions designed to provide a seller with total discretion and a buyer with a valuable asset . Khodadadian ’ s discipline allowed him to develop an extensive database of customers that includes all of the major investors , brokers and individuals that are active in the commercial real estate arena ; in return the business blossomed into nearly $ 100 million worth of transactions in the New York metropolitan area . Khodadadian let the company wind down late 2012 and joined up with Eastern Consolidated .

In May of 2013 , after a short stint at Eastern , Khodadadian decided to reinvigorate Skyline Properties to seize the uptick in Manhattan commercial sales spurred by the low interest rates . “ I saw an opportunity to approach the business differently ,” he said . “ Although buyers have constant deal flow , the market is now so competitive that many of the active players simply won ’ t participate in the bidding process for traditionally marketed ‘ exclusive listings ’ from the most well known brokerage firms .” Skylines ’ approach is tailor-made to create personal relationships with buyers and make sure they only see deals that fit their acquisition criteria .