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Shape Your Real Estate Future with Bob Knakal’s Expertise in NYC’s Commercial Market
Bob is the Chairman & CEO of BKREA, a commercial real estate capital markets brokerage company in New York City. Bob was the former Chairman of NY Investment Sales & Head of the NY Private Capital Group within JLL Capital Markets in New York City as well as Chairman of NY Investment Sales at Cushman & Wakefield and Chairman and Founding Partner of Massey Knakal Realty Services, New York’s #1 building sales firm. He started his real estate career in 1984 at CB Richard Ellis where he met Paul J. Massey Jr. They both left CB in 1988 to form Massey Knakal.
From 1988 through 2014, Massey Knakal closed over 6,000 transactions with an aggregate value in excess of $23 billion. To date, Bob has been personally responsible for the sale of over 2,330 buildings (generally considered to be the highest total ever for a single broker in New York) and over $22 billion in sales.
With respect to development sites, Bob has personally handled the sale of over 250 development site transactions totaling over $7 billion in sales.
In 2014, Cushman & Wakefield acquired Massey Knakal. At Cushman & Wakefield, Bob served as Chairman of New York Investment Sales. He was ranked the top originating investment sales broker at Cushman & Wakefield, globally, in 2014, 2015, 2016 and 2017. Bob joined JLL in September of 2018 as Chairman – NY Investment Sales.
Since 2009, Bob has written a regular column on the New York City Real Estate Market called Concrete Thoughts for the Commercial Observer.
If you are considering the sale of a property this year, please call for an opinion of value.
Discover a wide range of commercial properties tailored to meet your investment needs. With Bob Knakal’s extensive experience in New York’s dynamic real estate market, you’re in expert hands.
Whether you’re looking for development sites with potential, elevator buildings in prime locations, strategically placed office spaces, or buildings suitable for end-users, our portfolio showcases a variety of options. Each category leads to a curated selection of properties, complete with detailed insights and past sales records to guide your decision-making process.
Specializing in seller representation within New York City’s dynamic real estate market, we champion a sellers-only approach on an exclusive basis. This strategy eliminates potential conflicts of interest, ensuring our clients’ best interests always come first. Our core mission revolves around securing the highest price under the best possible terms for our clients, leveraging over 40 years of unparalleled expertise.
We offer expert guidance and services for the sale of commercial notes, targeting assets collateralized by New York City properties. With a rich history dating back to the early 1990s Savings and Loan Crisis, our focus is on non-performing loans. Our expertise extends to navigating bankruptcy court processes, ensuring seamless transactions through strategic connections with leading experts.
BK Real Estate Advisors delivers comprehensive Broker Opinions of Value (BOVs) for New York City property owners contemplating sales. While not formal MAI appraisals, our BOVs provide essential valuation insights, often accepted by the IRS for estate tax purposes. Complimentary valuations underscore our commitment to empowering owners with critical market intelligence.
Explore a wide range of expert consultation services tailored to the unique dynamics of the NYC real estate market. Our specialties encompass expert testimony on brokerage issues, property valuation, land arbitration, transferable development rights, and historic façade easements. We also offer guidance on 1031 tax-deferred exchanges, section 467 transaction structuring, and strategies for non-performing loans, providing market participants and lenders with the insights needed to navigate complex transactions effectively.
Dive into unparalleled insights with our comprehensive market reports, the result of consistent methodology and extensive data collection since 1984. Our reports provide unmatched depth and integrity, offering a clear view of market fluctuations and trends over decades. This detailed analysis and historical perspective equip our clients with the knowledge needed for informed decision-making and strategic planning.
Bob Knakal’s profound knowledge of land sales, rooted in meticulous records dating back to 1984, and an unmatched market presence, makes him an invaluable asset in any land arbitration. His history of unparalleled success stems from an in-depth understanding of the minutest transaction details, often the deciding factor in arbitration. Trust in our expertise to navigate the complexities of land disputes, where every detail counts towards achieving superior outcomes.
At the heart of our success lies a deep commitment to our clients’ goals and aspirations. We take immense pride in the trust our clients place in us, and this is reflected in their feedback. Our journey with each client is more than just a transaction; it’s a partnership built on mutual respect, understanding, and shared ambition. Here, we showcase the voices of those who’ve experienced the exceptional service and results that define our approach to commercial real estate. Join us in exploring the stories of success and satisfaction from our diverse range of clients.
“The prices obtained for these assets are a testament to the knowledge possessed by Bob Knakal, and his team, of the development landscape in New York City, as well as a profound understanding of the multifamily apartment building sale market in New York. Given the constraints on this process, the results were absolutely remarkable.”
– Peter Davidson,
Davidson & Davidson
I chose to work with Bob and his team because I could tell from the very beginning that they were not only the most enthusiastic about the potential assignment, but also because it was clear that their unparalleled experience with this type of property would bring our group the highest possible price coupled with the best terms.”
– Bob Greenburg,
R/GA
