A multi-disciplined background including brokerage, financing development and investing.
Mr. Murphy brings over 25 years of experience in commercial real estate brokerage, financing, development, and investing to Kingston Urban Development. During his career, Brian has witnessed some of the best and worst periods for the industry. With the knowledge gained from this experience, Brian is able to evaluate potential acquisitions and determine which opportunities will provide attractive risk-adjusted returns. As a broker, Brian has negotiated hundreds of deals including complex development-site sales and joint ventures for a variety of public and private real estate clients.
In 2002 he started Tremont Realty Advisors and in May of 2014 along with Matt Sigel co-founded Kingston Urban Development.
Brian utilizes his keen understanding of the complex set of economic, demographic, geographic and market forces that determine the viability and upside potential of a property to select which assets we will acquire. Given his understanding of the risks of the real estate cycle, Brian takes a conservative approach in underwriting properties and the prudent utilization of leverage. Once a property has been acquired, Brian actively manages all aspects of the investment including leasing, property management, and construction in order to maximize the return on investment while creating an efficient and attractive environment for our tenants.
Prior to starting Tremont Realty Advisors he was Senior Vice President – Investment properties at what was then Smith Mack & Company (now part of Newmark Grubb Knight Frank). From his start in the commercial real estate brokerage business in 1986, he quickly became one of the firm’s top producers. Focusing primarily on serving real estate investors in leasing, investment sales and debt financing, he negotiated hundreds of transactions involving over 2,000,000 square feet with an estimated transaction value of over $500,000,000.
Brian graduated from Saint Joseph’s University with a degree in Accounting and has a long history of involvement in multiple charitable, civic, and community organizations.
A multi-disciplined background including acquisitions, portfolio management, redevelopment, leasing oversight, debt and equity transactions and dispositions.
Mr. Sigel is a Commercial Real Estate Senior Executive with a proven track record of acquisitions, portfolio management, redevelopment, leasing oversight, debt and equity transactions, dispositions, asset management and guest speaking. He started a ground up Transactions and Portfolio Management Department at Keystone Property Group that invested three private equity funds totally $1B in asset value over 10 years. He opened offices in multiple markets and through innovative solutions worked out over 20 transactions during the Great Recession. He has the rare combination of direct hands on Development and Re-development experience of green field and brown field sites along with Institution Asset Management and Capital Transactions.
In November of 2013 he started Larum Real Estate Consulting and in May of 2014 along with Brian Murphy co-founded Kingston Urban Development.
Matt joined Post Brothers in January of 2013 as Chief Investment Officer and first “C” level employee in a growing family company. His role at Post Brothers was transaction based raising equity, debt and expanding the geographical footprint into Northern Jersey and the five boroughs of New York City.
Matt was Chief Investment Officer at Keystone Property Group for 10 years, where he oversaw Keystone’s portfolio management, acquisitions, dispositions, and financings. He was involved in the formation of three private equity funds including structuring, road shows and investor relations. He successfully restructured the transactions department to fill a critical need that emerged after the recession effecting commercial real estate in 2008 when protection of existing assets outgrew the need to expand the portfolio. Post recession, he worked out or restructured over 20 deals in order to eliminate recourse liability and provide fresh capital. Additionally, during his tenure at Keystone, he acquired over 30 office assets totaling more than 6 million SF and valued at approximately a billion dollars.
Matt previously spent six years with The Rubenstein Company, L.P. as Vice President and Portfolio Manager. During his six years with Rubenstein, he was responsible for the portfolio management of Rubenstein’s assets in Atlanta, northern Virginia and the western suburbs of Philadelphia, which all together totaled more than 2.5 million rentable square feet with a combined value of $500 million. The primary focus of the portfolio was Class-A office space with a secondary exposure to retail and flex/warehouse space.
Matt earned a bachelors degree in Finance from Pennsylvania State University, is a licensed Pennsylvania Real Estate Sales Person and is pursuing a Pennsylvania Real Estate Broker License. He formerly served as the Vice Chairman of the Investment Management II Forum for NAIOP National Forums and was a founding Board Member of Whole Life Charter School. He is a member of TriState Realtors Commercial Alliance and a past member of Urban Land Institute.