Started in 1971 by Tom Moran, a previous tax marketing consultant with Arthur Andersen, the firm has taken care of its independence as the authentic estate solutions marketplace has consolidated more than the many years, competing for assignments with diversified giants like CBRE and Jones Lang LaSalle. Buildings the firm has marketed below include things like the Belden-Stratford in Lincoln Park, Dunton Tower in Arlington Heights and JeffJack Apartments in the West Loop.

“At Moran, we’re very very pleased of our legacy, but always imagining in advance to how we can superior anticipate—and answer—our clients’ lengthy-time period demands. In becoming a member of Berkadia, we’re carrying out just that,” Moran, the company’s co-chairman, claimed in the statement. “Like us, Berkadia is privately owned and shares our customer-centric and collaborative frame of mind, our concentrate on persons, and our dedication to integrity and excellence.” 

Berkadia, a joint venture concerning Jefferies Fiscal Group and Berkshire Hathaway, Buffett’s corporation, features a assortment of companies in the condominium and industrial genuine estate company, which includes profits brokerage, home finance loan banking and bank loan servicing.

Phrases of the transaction were not disclosed.

In addition to his brokerage small business, Moran also has been an active apartment developer, with local jobs including the Residences at Addison & Clark, across from Wrigley Discipline, 73 East Lake Street, in close proximity to Millennium Park, and Central Station in Evanston.