Parsippany-based real estate brokerage and advisory firm Hudson Atlantic on Tuesday announced Nick Favorito has been promoted to vice president of Multifamily Sales.
Favorito joined Hudson Atlantic in September 2021 as a sales associate and over the last 3.5 years has closed over $60+ million in sales transactions.
“Nick has been an instrumental part of our growth and success since he joined the team, when Hudson Atlantic opened” Adam Zweibel, president of Hudson Atlantic said. “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.”
In his new role Favorito will oversee a growing portfolio of client engagements, continue to lead property evaluations and marketing strategies, and mentor other sales associates in alignment with Hudson Atlantic’s commitment to excellence in multifamily brokerage.
“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.”
