Hunington Properties names Scott Lunine president of brokerage

Hunington Properties has appointed commercial real estate executive Scott Lunine to lead its brokerage division as the Houston firm expands in Texas, Florida and other target markets. The move is aimed at strengthening talent, deal flow and client relationships across Hunington's vertically integrated platform.

Why it matters: - Hunington Properties is trying to grow its brokerage platform while using its broader real estate business to generate more deal flow. - Scott Lunine brings more than 25 years of leadership experience in commercial real estate and financial services. - The hire signals Hunington's push to become a larger privately held commercial real estate organization.

What happened: - Hunington Properties named Scott Lunine president of Hunington Properties Brokerage. - The company said Lunine will lead brokerage expansion in Texas, Florida and additional strategic markets. - Lunine most recently served as partner and executive vice president of brokerage at Partners Real Estate. - Lunine also served on Partners Real Estate's board of directors.

The details: - Lunine has held senior leadership roles at firms whose professionals have collectively closed more than $85 billion in transactions. - Lunine has developed more than 3,000 commercial real estate and financial services professionals. - As regional vice president at Marcus & Millichap, Lunine led a region that increased production by more than 160%. - At Waddell & Reed, Lunine served as managing principal, West Coast, and the division expanded by more than 300% over five years. - Lunine previously served as CEO of Landlords.com, a commercial real estate technology company serving private and family office investors. - Lunine wrote The Commercial Real Estate Compass. - In the new role, Lunine will oversee talent development, disciplined expansion into new markets, and institutional and private-client relationships. - Hunington said the brokerage business spans landlord and tenant leasing and investment sales. - Hunington is headquartered in Houston and operates through a vertically integrated platform that includes development, construction, property management, capital markets and brokerage. - The company said its platform creates proprietary deal flow across divisions. - Jeffrey Aron, managing partner of Hunington Properties, said the firm's brokerage advantage comes from its vertically integrated platform. - Sandy Aron, founder of Hunington Properties, said Lunine's leadership style aligns with the firm's focus on relationships, integrity, entrepreneurial thinking and client service.

Between the lines: - The appointment appears designed to pair a seasoned brokerage operator with a platform that can feed clients and opportunities from multiple business lines. - Hunington is emphasizing leadership development as much as transaction volume, which suggests the company wants brokerage growth that can scale over time. - Lunine's background in building teams and expanding production fits Hunington's goal of institutionalizing brokerage growth rather than relying on individual rainmakers.

What's next: - Lunine is expected to focus on hiring, market expansion and deeper brokerage relationships across landlord, tenant and investment sales work. - Hunington will likely use the hire to accelerate expansion beyond its core Texas base and into Florida and other targeted markets. - The company said it wants to keep strengthening its brokerage platform as part of its broader growth plan.

The bottom line: - Hunington Properties is betting that a proven brokerage builder can help turn its integrated real estate platform into a bigger national business. - More information is available in the company's announcement and on Hunington Properties' LinkedIn page.