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Flagler Acquires Retail, Multifamily Brokerages

MIAMI-Flagler Real Estate Services president Pike Rowley tells GlobeSt.com's Jennifer LeClaire the acquisitions come in the wake of demand from special servicers.

By Jennifer LeClaire | Updated on July 12, 2011

MIAMI-Flagler Real Estate Services is expanding its breadth with two acquisitions that usher the firm into the retail and multifamily sectors. Flagler has acquired retail brokerage and property management firm DBR & Associates and multifamily development and management firm Auker Development.

Pike Rowley, president of Flagler Real Estate Services, tells GlobeSt.com the company is expanding into these commercial real estate niches in response to increased demand from special servicers and lenders that have taken back commercial properties and portfolios that have fallen into foreclosure.

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