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Situs Sets Up Shop in NYC; Hires new Director

NEW YORK CITY-Commercial loan service firm, Situs Cos., has made its debut in Manhattan via the hiring of managing director Jayson Prisand, who is now working in space occupied by business partner Ascent Real Estate Advisors.

By Diana M. Rodriguez | Updated on May 27, 2003

NEW YORK CITY-Houston-based Situs Companies has opened its first office here under the leadership of newly appointed managing director Jayson Prisand. Located in space borrowed from business partner Ascent Real Estate Advisors, Prisand will be located at 1185 Avenue of the Americas, a spokesperson for Situs tells GlobeSt.com.

He is currently the only Situs employee working in that class A Midtown office space. Situs, however, has approximately 12 contract employees also serving the Northeast region and plans to increase its presence here, the spokesperson says.

“We see the opening of the New York office as an important step in our strategic growth as we expand our capital markets and real estate due diligence services across North America and Western Europe,” says Steven Powel, managing director of Situs Realty Services.

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