Former founding partners of DJM Realty Andrew Graiser and Emilio Amendola launched A&G Realty Partners on Tuesday.
A & G Realty Partners is a commercial real estate consulting, advisory and investment group, located at 445 Broadhollow Road in Melville.
"This is exactly the right time for what we're offering. Given the industry's seemingly insurmountable challenges, this market is dictating the importance of capital, and that's a key differentiator we bring to the table," Graiser said in a statement.
Working together for about 20 years, Amendola and Graiser have mitigated over $4.5 billion of lease liability, renegotiating more than 10,000 leases, selling more than $1 billion in real estate and valuing more than 20,000 locations, according to a statement.
A&G will invest in real estate assets -- including retail, restaurant, warehouse, office and industrial. It will also purchase or co-invest in mortgages, with a focus on adding value to the overall portfolio. A&G is also looking to pursue joint ventures with local developers, and help overleveraged owners and developers by providing capital solutions.
"We're very excited about our new company with its additional product offerings, and feel we bring not only our reputation, but the resources to back up our deal making capabilities. In other words, we're able to put our money where our mouth is," Graiser said.
The pair has managed some of the largest retail dispositions in the country, including those of Circuit City, Borders, Linens N Things, Comp USA, Blockbuster Video, Sbarro, Winn Dixie, Heilig Meyers and several other national and regional retailers.