Halstead Property has acquired the assets of boutique Brooklyn brokerage and development firm Aguayo Real Estate Group, bringing the company’s presence in the borough to five offices.
Peggy Aguayo, a founder of the eponymous firm, will join Halstead as an associate broker and EVP, and her son, Brendan Aguayo, will join the firm’s new development arm, Halstead Property Development Marketing, as a senior VP, Halstead says.
Halstead will take over Aguayo Real Estate’s office at 244 Fifth Avenue, at Carroll Street, in Park Slope.
Peggy Aguayo told The Real Deal, “Instead of retiring, I decided to give up the stuff I am actually tired of—like paying bills and managing people—and do what I like: selling real estate.” She will hand over the day-to-day management duties to Halstead director of sales Trish Martin, who will run the Park Slope office.
Brendan will bring about 20 development projects in the pipeline to Halstead, including multi-family dwellings in Carroll Gardens.