Otteau Group Inc. is headquartered at 100 Matawan Road in Matawan — File photo/Courtesy: JLL
By Joshua Burd
Jeffrey Otteau and Christopher Otteau of Otteau Group Inc. have sold their stakes in Hudson Atlantic Realty Advisors, a commercial real estate brokerage they helped found in 2021.
In a news release Monday, the executives said they completed the sale earlier this year and will continue to lead the iconic real estate valuation and advisory firm that bears their name. The father-son duo is also planning to launch a new venture, which they described as a commercial brokerage arm of Matawan-based Otteau Group, in the coming months.
The news comes three years after they launched Hudson Atlantic alongside veteran investment sales broker Adam Zweibel, seeking to pair traditional brokerage with the Otteau team’s vast resources in data and market analysis. That gave way to a host of deals of all sizes, largely in the multifamily sector.

Hudson Atlantic recently announced that it was moving its headquarters to Parsippany from Matawan.
“It has been an incredible journey leading Hudson Atlantic Realty to the forefront of the commercial real estate industry,” said Jeffrey Otteau, a highly regarded real estate economist who founded Otteau Group in 1976. “We are proud of what we accomplished and look forward to exploring new horizons.”
Otteau Group noted Monday that the elder Otteau was instrumental in shaping Hudson Atlantic’s strategic direction and market positioning. The firm added that Christopher Otteau, a 20-year industry veteran known for his expertise in real estate investment, valuation and finance, played a pivotal role in building the brokerage firm’s underwriting modeling along with its relationships with developers and financial institutions.