Nick Favorito
By Joshua Burd
Hudson Atlantic has added to its leadership ranks after promoting broker Nick Favorito to vice president of multifamily sales.
The firm, which is based in Parsippany, said Favorito has excelled in his role as a sales associate since joining its team in September 2021. He has closed more than $60 million in sales transactions during that time.
“Nick has been an instrumental part of our growth and success since he joined the team, when Hudson Atlantic opened,” said Adam Zweibel, the firm’s president. “His deep understanding of the multifamily market, coupled with his ability to build strong client relationships, has been critical to our ability to deliver exceptional results. We’re excited to see Nick take on this new leadership role as we continue to expand our multifamily sales platform.”
As vice president of multifamily sales, Favorito will oversee a growing portfolio of client engagements and continue to lead property evaluations and marketing strategies, according to a news release. He’ll also mentor other sales associates.
“It’s an honor to be entrusted with this leadership role at Hudson Atlantic,” Favorito said. “The multifamily market in New Jersey and the surrounding areas is full of opportunity, and I look forward to continuing to provide value to both owners and future investors on future multifamily transactions.”
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