Keen-Summit Capital Partners LLC Awarded “Power Broker Top Sales Firm” by CoStar Group

Keen Vice President Heather Milazzo Wins 2020 CoStar Power Broker Award (New York, NY – March 4, 2021) — CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has announced that Keen-Summit Capital Partners LLC has been awarded the “2020 Power Broker Top Sales Firm” award, recognizing firms that closed the highest transaction volume in commercial real estate deals in their respective markets. Additionally, Heather Milazzo, Vice President of Keen-Summit Capital Partners LLC, received the 2020 CoStar Power Broker Award for closing the highest transaction volume in commercial real estate deals.

During 2020, an extremely challenging year for commercial real estate transactions due to the COVID-19 pandemic, Keen completed several major deals, including:

• the $100 million court-supervised sale of the L’Ermitage Beverly Hills Hotel (CA), one of the largest hospitality transactions of the year;
• the $108.6 million bankruptcy sale of 38 acres of undeveloped land on the Las Vegas Strip (NV);
• the $11 million sale-leaseback for SolAero Technologies Corp. (NM); and
• the $8.06 million bankruptcy sale of The Hermitage Club, a Vermont ski & golf country club.

In receiving the two prestigious awards from CoStar, Keen’s efforts have been recognized in the industry for being among the most active and successful.

“We are deeply honored to be recognized with this prestigious award for our firms’ outstanding work and are very proud of Heather’s individual accomplishment as a Power Broker,” said Harold Bordwin, Co-Principal and Co-Managing Director of Keen. “Our entire team has demonstrated to our industry how effective our work is, from brokerage and auctions to workouts and restructuring,” add Matt Bordwin, fellow Co-Principal and Co-Managing Director. “We look forward to another successful year in 2021.”

The CoStar Power Broker Award program has honored the industry’s elite for 21 years.

For Immediate Release
Media Contact: Jen Galluzzo
Harrison Edwards PR
(m) (845) 663-3566
jgalluzzo@harrison-edwardspr.com

About Keen-Summit Capital Partners LLC

Keen-Summit Capital Partners LLC is a real estate brokerage, workout and investment banking firm specializing in special situations, restructurings, bankruptcies and receiverships. Keen-Summit Capital Partners LLC represents property owners, retail and commercial tenants, commercial and industrial businesses, investors, developers, and creditors across various industries. Clients benefit from its reputation for excellence and integrity, extraordinary industry experience, in-depth market knowledge, time-tested business approach, deep industry relationships, workout and bankruptcy expertise, and exceptional execution capabilities. For more information about Keen-Summit Capital Partners, call 646.381.9222 or visit www.keen-summit.com

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online with over 7 million monthly unique visitors. Realla is the UK’s most comprehensive commercial property digital marketplace. The Apartments.com network, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. CoStar Group’s websites attracted an average of approximately 69 million unique monthly visitors in aggregate in the third quarter of 2020. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of over 4,300 worldwide, including the industry’s largest professional research organization. For more information, visit www.CoStarGroup.com.