Monday, March 16, 2009

NAI Realvest names Patrick Mahoney Partner, President & COO

ORLANDO, FL - NAI Realvest, which currently ranks as one of the largest full service commercial real estate companies in Central Florida with more than 30 brokers and nearly four million square feet under management, has appointed Patrick Mahoney (top right photo) as a partner, president and chief operating officer.

George Livingston, (middle left photo) founder and chairman emeritus of NAI Realvest said Mahoney, a Furman University graduate with a Masters degree from the Crummer School of Business at Rollins College, has more than 15 years of business management experience.

From 1990 through 2007, Mahoney was president of Orlando-based Intercoastal Distributors, Inc., a ceramic tile and stone distribution company with branches throughout Florida.

Mahoney said as president and chief operating officer of NAI Realvest, he plans to continue to look for growth opportunities through this recession.

"We anticipate the recession will continue through 2009 before slowly recovering in 2010. However, there are plenty of opportunities and we are continually positioning ourselves to take full advantage of them," Mahoneysaid.

Mahoney said he hopes to add six to eight commercial brokers at NAI Realvest this year with a focus on bank work outs, tenant representation and corporate services.

He is also looking into potential acquisitions and/or mergers as a means for growing brokerage and property management.

Livingston said, "Patrick Mahoney is a highly analytical executive with wide ranging experience. We are confident he has the perspective and skills to position NAI Realvest to take advantage of the opportunities in the marketplace today as well as those that will emerge over the next 24 months and into the future."

For more information, contact:

Patrick Mahoney, President and COO NAI Realvest, 407-875-9989, pmahoney@realvest.com
George Livingston, Founder and Chairman NAI Realvest, 407-875-9989, glivingston@realvest.com
Paul P. Partyka, Managing Partner, NAI Realvest, 407-875-9989, ppartyka@realvest.com
Janice Paiano, Director of Marketing, NAI Realvest 407-875-9989, jpaiano@realvest.com
Larry Vershel, Larry Vershel Communications, Inc. 407-644-4142, lvershelco@aol.com

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