New York, NY – June 22, 2010 - Marion Jones Pavone (32) joins Eastern Consolidated as Director.  She works directly with Senior Director and Principal David Schechtman to service lenders, special servicers, owners and buyers alike.  Ms. Pavone’s extensive analytical and investment sales experience coupled with the significant market share that Eastern Consolidated’s Loan Sale and Turnaround Group has achieved, further strengthens Eastern’s investment sales capabilities in this exciting new market.

Ms. Pavone previously was the Founder and Principal of New Doric Advisory Services, LLC where she performed marketing, strategic support, and capital raise services to privately-held real estate investors, funds and partnerships.  Prior to forming New Doric, Ms. Pavone was a Senior Associate in the New York City office of Savills, a London-based real estate services firm.

Prior to that she worked at CB Richard Ellis as a Senior Associate in the Investment Properties group where she was involved in the marketing of several  large-scale multi-family transactions, including The Kings and Queens (LeFrak) portfolio to Urban American, the Kushner portfolio to AIMCO, and Peter Cooper Village/Stuyvesant Town to Tishman Speyer. Her experience in office sales includes the sale of 100 William Street to Mitsui Fudosan and 16 Court Street in Brooklyn to SL Green.   Ms. Pavone also worked within the Capital Markets group at CBRE, where she helped secure mortgage debt for commercial real estate across the country.  Her real estate career began in corporate real estate consulting at CBRE, where she worked with clients such as General Motors, Northrup Grumman, and the State of Texas.

Ms. Pavone graduated with honors from Tulane University and received her graduate degree from the University of Pennsylvania.  She also received a Graduate Certificate in Real Estate from The Wharton School of the University of Pennsylvania.

Founded in 1981, Eastern Consolidated has emerged as one of the country’s preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients.  Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers.