By Joshua Burd
MSM Equities, a Short Hills-based real estate investment and advisory firm, has named a new partner and chief investment officer.
Igor Derbaremdiker joins the company with more than 20 years of experience in commercial real estate and financial services, according to a news release. In his new role, he’s tasked with implementing and guiding MSM’s investment strategy and acquisitions across all U.S. markets and will helm all executive transaction functions, including activities related to joint venture relationships and partnership structures.
“I have seen every market cycle and every investment response, and I am proud that the leadership at MSM Equities shares my vision for prioritizing the security and stability of our clients’ funds,” Derbaremdiker said. “I look forward to bringing my experience into this role and bringing my ideas to life.”
Derbaremdiker’s experience includes portfolio management, acquisitions and dispositions, the news release said. MSM also credited him with having created core, value-add and development strategies with assets across industrial, office and retail, as well as spearheading $2 billion worth of investment properties throughout the country.
He will now work alongside Moishe Samet, MSM’s head of strategy and vision, and Ari Flohr, its head of operations and integration, to determine the firm’s overarching investment direction and cross-functional activities.
“We believe in a paraphrased version of the U.S. military’s famous ‘Slow is smooth, smooth is fast,’” Samet said. “Internally, we say, ‘Steady is secure, secure is fast.’ Because we are focused on helping our investors build portfolios that last, and compound, for generations forward.”
Flohr added: “With Igor’s addition as a partner of the firm and his deeply rooted real estate experience, I believe that we will expand and grow the platform exponentially on a much larger scale.”
MSM noted that Rhodes Associates, an executive search firm, was instrumental in facilitating the new hire.