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28 Sep 2009

Suzanne Sunshine Goes Solo With Brokerage For Nonprofits

New York reak estate broker Suzanne Sunshine has left the world of global brokerages to launch Sunshine & Associates LLC. The full-service brokerage handles office, retail, industrial leasing, acquisitions and sales exclusively for nonprofits. The firm also provides strategic planning and financial analysis.

Operating a boutique brokerage also provides her with the financial flexibility to donate a portion of her commissions back to her clients, a corporate practice considered unique in the commercial real estate world.

"To be able to achieve its mission, a nonprofit organization must make the right decisions about real estate," said Ms. Sunshine, the firm's president. "Nonprofits benefit from the counsel of an experienced professional who understands their mission and can also maximize the value of their real estate, a major item on their balance sheets."

The company also offers residential real estate services for nonprofit staff, volunteers and board members.

Suzanne Sunshine previously served as vice president of the New York nonprofit practice group at CB Richard Ellis. Prior to that, she was director of the New York nonprofit advisory group at Cushman & Wakefield. Ms. Sunshine also provided tenant representation services to nonprofit organizations at Time Equities, and worked as executive vice president for new business development at the Sunshine Group, a company led by her mother, Louise Sunshine.

Ms. Sunshine worked within the nonprofit sector on behalf of Equitable Real Estate and the Local Initiatives Support Corporation, where she helped the two organizations raise a total of $125 million in support of inner-city neighborhoods.

Her clients have included the American Ballet Theatre, the Andrew Mellon Foundation, the Ms. Foundation for Women Poets & Writers, the Correctional Association of New York, Housing Works Thrift Shops, the Mental Health Association of NY, the Anne Frank Center, and many others.

Ms. Sunshine holds a bachelor's degree in international relations from Brown University and an MBA in real estate from Columbia University.

For more information about S. Sunshine & Associates, please visit the brokerage online at: www.sunshineassoc.com.

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