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Kaplan promoted to president at RIPCO

Mark Kaplan, chief operating officer of RIPCO Real Estate, has been promoted to president of the commercial brokerage firm.

Kaplan, who will continue as COO, Will oversee the company’s operations, expansion and implementation of new initiatives, according to a company statement.

Since joining RIPCO in 2017, Kaplan has been instrumental in leading the firm through growing the firm’s market presence from three offices to eight, adding more than 70 brokers, launching the company’s investment sales, property management and debt/equity and structured finance divisions. played a role. Its first merger and acquisition deal is with the recent acquisition of restaurant real estate brokerage BCD.

“This promotion is earned and deserved,” RIPCO co-founder Peter Ripka said in the statement “Mark is highly intelligent, ambitious, analytical, creative and a fair-minded problem solver. He is a natural born leader and more importantly than anything, he has become family to us and we enjoy working with him every day.”

Kaplan, who is also an attorney, serves as an executive board member of Long Island Real Estate Group and co-founded its Next Generation division. He is a founder of Sagamore Hill Partners, a retail-focused real estate investment firm. Kaplan will continue to work with Ripka & Ripco principals Todd Cooper and Gene Spiegelman to oversee the day-to-day operations of the firm.

“After more than five years at RIPCO and working closely with Todd, Peter and Jean to expand the firm’s offerings, I look forward to taking on this new leadership position,” Kaplan said in the statement. “Being a part of the company’s growth has been rewarding, especially during the challenges brought on by the global pandemic, and I look forward to continuing to lead RIPCO as a highly respected and nationally recognized real estate firm.”

Founded in 1991, RIPCO now has offices in Woodbury, Manhattan, Queens, Brooklyn, New Jersey, Connecticut, Miami and Tampa, Fla.

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