We are writing this on behalf of Adam J. Petriella to express our gratitude for a job well done.
Adam and Kennedy Funding developed a working relationship when Adam brought us a borrower who owned a free and clear 250,000sf office property in Southern California. Due to the borrower’s need to monetize their equity faster than traditional sources could perform, Kennedy was the perfect fit. Adam and Kennedy worked hand in hand to provide nearly $10mm in 30 days to a large publicly traded REIT. Like many real estate transactions there were obstacles and deal-killing requirements but, because of Adam’s knowledge of his client’s needs, cool head and professionalism, we were able to prevail and provide funds on time and within the borrower’s budget.
Several months after this funding Adam called to ask us to consider his company for the sale of a property we owned in downtown Los Angeles; a 100,000sf 1920’s vintage industrial property. After several false starts with what seemed to be the ‘right’ buyers, we realized it would serve our interests to hire Adam and his team to exclusively represent us in the marketing and sale of the property. Adam and his team-mate, a top broker within his firm, listed the property and eventually produced the perfect buyer who closed all cash in 60 days.
Performance speaks for itself.
We value our relationship with Adam and his team and recommend to whoever is reading this letter to consult with Adam regarding your real estate financing or transactional needs.
I would like to take this opportunity to express my sincere thanks to Marcus & Millichap in the way they handled the sale of my property. Adam Petriella went above and beyond the call of duty in what I would normally expect from a broker. The sale of this property went on for about a year before it was completed due to internal family matters that had to be worked out. Adam was very patient and understanding with the situation and worked with me until the conclusion of the sale on Friday July 24th, and for that I’m very grateful. I realize this was a business relationship, but in a way I’m saddened that it’s going to end because Adam and I have become friends over this past year. I will not hesitate in the future to pick up the phone and call Adam if I have a business question, regarding anything to do with selling, buying, or seeking a loan regarding property. Once again thank you very much, it has been a pleasure working with Marcus Millichap and the professional people that work from them like Adam.
– Gerard M.
Adam represented us in the exclusive sale of our asset valued at over $15 million, to our great satisfaction. All was handled in a very professional manner and Adam was a pleasure to work with.
– Barbara S.