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Thursday, March 28, 2019

MJ Peterson Sees Stellar 2018 With Expansion of Workforce & Portfolio

Company president attributes success to diverse offerings in local market
AMHERST, NY – MJ Peterson celebrated its 89 th year in business during their 35 th Annual Awards
Ceremony, held at the Park Country Club. Victor L. Peterson III, President and CEO of MJ Peterson, opened the ceremony’s speeches with the State of the Company address. Mr. Peterson congratulated the company on being the largest independently owned and operated, full-service real estate company serving all of WNY’s real estate needs.

“MJ Peterson is proudly committed to Western New York,” Mr. Peterson remarked. “Our strategy of a diversified business model continues to contribute to our growing revenue and workforce in 2018.”

In addition to welcoming 52 new sales associates and 23 new employees in 2018, MJ Peterson acquired the boutique firm, Robitaille Real Estate & Relocation!
Several sales associates and employees were acknowledged for their individual achievement at the
ceremony: Susan Lenahan was recognized as top agent for the twelfth consecutive year. Lenahan closed over $24.1 million in residential sales in 2018. She has been the top Buffalo city agent for more than 20 years. The Olear Team, led by Michael Olear in Tonawanda, was awarded the 2018 top team with over $23.9 million in sales.

Ronald “Gunner” Tronolone was awarded the top commercial agent and Gary DeCarlo was awarded 2nd Top producer based on both units and volume in 2018. Joe Jacobi Jr. received a “Team Impact” award for his contributions to the Commercial Division.

Stephen Grimm (of East Amherst), Marketing Director of MJ Peterson was awarded Employee of the year. Michael Cassidy (of West Seneca), Senior Accountant, was awarded Accounting Employee of the year.

The Property Management division saw a strong rental market, and have several new projects in the pipeline. Deer Lakes, their luxury apartments in Amherst, saw their final phase completed, wrapping up the 256-unit complex. They will continue with the construction of a Club House at this property which will house site staff offices and tenant amenities such as an exercise room, kitchen facilities, and a community room. Excitement was evident at the award ceremony for their expansion into a dedicated 55+ senior community complex, and their long-term investment strategy. Lee Eyrick (of Buffalo) and Brianna Russell (of Tonwanda), received Exceptional Performance Awards for Property Managers. Jim Baker (of Amherst) received Exceptional Performance Award for maintenance.

Peterson concluded his address by saying, “Each year we are honored by Business First as one of the Top Private Companies in WNY. This year we were ranked 23 rd .”

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MJ Peterson, founded in 1930, is a family-owned and operated full service real estate company, with
numerous rental units, more than 300 sales associates and employees, 6 residential offices, and 1
commercial office in the Buffalo-Niagara marketplace. More information is available at
www.mjpeterson.com.

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