Capital Markets, Brooklyn
David Behin joined Newmark in 2016 to spearhead Capital Markets efforts in Brooklyn and serves as an Executive Managing Director.
Over the course of his career, Behin has been involved in real estate transactions valued in excess of $4 billion throughout the Tri-State Area, with some of his most notable work including:
- Sale of the St. Vincent de Paul church, a 75,000 SF conversion site located in North Williamsburg
- Note sale of 53 Broadway, an 80,000 SF site in South Williamsburg
- 247 North Seventh Street, a 140,000 SF site in North Williamsburg
Prior to Newmark, Behin was a partner with MNS, one of New York City’s premier full-service residential and investment sales brokerage firms. In 2011, he launched the firm’s Investment Sales and Advisory Division. With Behin as President, the division completed more than $500 million worth of transactions, including the sale of development sites, multihousing properties, note sales and equity and debt placements. MNS was created by the 2009 merger of The Real Estate Group and The Developers Group, which Behin co-founded in 2002. The Developers Group planned and brought to market thousands of condominium and rental apartments in New York City, including more than 1,500 apartments on the Williamsburg waterfront.
Previously, Behin was a co-founder of a technology and telecommunications company that created software merging the utility of the cellular phone with the ubiquity of the internet. Among his notable achievements, he helped raise $30 million of capital for the company in one year while building it up from two employees to more than 100.
A New York City native, Behin received his Juris Doctor degree from Fordham University School of Law and his bachelor’s degree from Adelphi University. He is a frequent speaker on Brooklyn-related panels and a guest lecturer at New York University’s Graduate Real Estate Program as well as at Baruch College. He is also frequently quoted in major publications including The New York Times, Crain’s and The Wall Street Journal.