FOR IMMEDIATE RELEASE
Stepan to lead expansion of the international luxury real estate brand into new east coast markets
Engel & Völkers, the international luxury real estate firm, announced the addition of Jacob Stepan as Senior Vice President Market Development. He joins the firm’s North America operations team to support expansion into new U.S. markets. “Engel & Völkers brings international exposure, luxury level quality and local market expertise in the towns and cities where we are located,” said Anthony Hitt, CEO of Engel & Völkers North America. “It takes the kind of highly experienced and well connected industry professional like Jacob to introduce and communicate our positioning to those who will successfully represent the brand in the market. I am looking forward to his continued success with us.” Prior to joining Engel & Völkers, Stepan held previous positions as Chief Operating Officer for Century 21 International Real Estate, LLC, a division of Realogy Corporation, Senior Vice President Operational Support for the Cendant real estate division, Executive Vice President - Sales, for FLAG Luxury Properties and was a founding partner of Trophy Properties Anguilla, an affiliate of Christie's Great Estates. “This is a great opportunity for me to be part of a successful, international organization that is committed to successful growth in the U.S.” said Stepan. “From my many years of experience in real estate I can say that Engel & Völkers represents something truly new and special in this industry. I am also excited to be working with an outstanding team lead by Anthony Hitt, and Tom Kunz, who I’ve enjoyed working with previously.” Stepan has held a variety of operations and sales positions. He has managed teams of over 200 employees, and departments such as Sales, Technology, Field Service, Training, Human Resources, Finance and Marketing. He has also been involved in many mergers and acquisitions, handling due diligence on corporate acquisition and divestiture transactions. Most recently, Stepan has worked closely with Senior Management, offering advice and strategic guidance to corporate Boards of Directors, and CEOs as a partner with Dynamic Distribution, LLC.
About Engel & Völkers
Since its beginning in 1977 as a specialty boutique providing exclusive, high-end real estate services in Hamburg, Germany, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property and yachts. Engel & Völkers currently operates a global network of over 4,200 real estate advisors in 492 residential brokerages and 43 commercial offices spanning 38 countries across six continents, offering both private and institutional clients a professionally tailored range of luxury services. It established its North America corporate headquarters in 2007 and opened its first brokerage in the same year. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and tools; multiple platforms for mobile, social and web; as well as access to its global network of real estate professionals, property listings and market data. Engel & Völkers is an active supporter of the Fair Housing Act and the Equal Opportunity Act. Each brokerage is independently owned and operated.
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For further information please contact:
Charles Kim 212-234-3100 Charles.Kim@EVUSA.com