Wednesday, December 7, 2011

Avison Young Acquires Ramsey-Shilling

According to a Los Angeles Business Journal article, Avison Young, Canada's largest independently-owned commercial real estate services company, has acquired LA-based Ramsey-Shilling Commercial Real Estate Services Inc., a full-service real estate brokerage firm. While the terms of the acquisition were not disclosed, the company did note that Ramsey-Shilling Chief Executive Christopher V. Bonbright and Ramsey-Shilling President Mark Evanoff will join Avison Young as principals. Also joining as principals are John Tronson, a Ramsey-Shilling principal who focused on the entertainment division and Michael Dettling, principal and director of Ramsey-Shilling’s health care group.

"We are delighted to add Chris, Mark, John, Michael and the Ramsey-Shilling team to our rapidly-growing Southern California and U.S. platforms,"said Mark E. Rose, Chair and CEO of Avison Young. "Chris Bonbright and his team have a solid market share in Hollywood, West Hollywood, the Westside and other key Los Angeles markets, and are market leaders serving healthcare providers and the entertainment industry."

Avison Young opened its first L.A. office in August 2011, with industry veteran Neil Resnick joining as a Principal to help launch the company's brokerage business in Southern California.

For more news and information visit Blumberg Capital Partners.

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