IBJNews

Veteran broker Hohmann leaves Cassidy Turley to go solo

Back to TopCommentsE-mailPrintBookmark and Share
Abbe Hohmann Hohmann

Longtime commercial real estate broker Abbe Hohmann is striking out on her own after 26 years as an employee of Cassidy Turley and its predecessors.

Hohmann’s last day as a principal and senior vice president at Cassidy Turley was April 27. Her new company is Site Strategies Advisory LLC.

It will focus on what she’s best known for: site selection and disposition for developers, property owners and end users. Green-field sites won’t be the firm’s only focus. Hohmann said she’ll also represent clients in transactions that involve redevelopment of existing buildings.

Hohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.

What she hasn’t been involved in is tenant representation, and that’s a big part of Cassidy Turley’s business. Cassidy Turley’s concentration in that area and its growing involvement in multi-state transactions were among the factors that led Hohmann to decide this was the time to make a change.

“What I do is more Indiana-centric,” she said, noting that it’s harder to justify splitting fees with your employer when you’re bringing in a lot of your own business.

For Hohmann, 59, it was also the right time to do some self-evaluation. “I needed to figure out what I was going to do with the rest of my career,” she said.  

Hohmann said the split with Cassidy Turley, which was known as F.C. Tucker Co. when she was hired, has been amicable even though she expects to take several of her long-time clients with her.

When you’ve worked with a client for several years and have developed a rapport, you’re more likely to hang on to them, she said. “It doesn’t really lend itself to turning over the business to someone else.”

James E. Thomas, managing partner of multi-family housing developer Hearthview Residential, is among the clients who say they’ll follow Hohmann to Site Strategies.

Thomas said Hohmann was one of the first land brokers he met when he came to Indianapolis in the late 1980s, and she’s been involved in the majority of Hearthview’s local transactions since then.

“She’s unusually aware of all the dynamics that effect land development,” he said. “Either because of her history in the business or her civic involvement, she’s very in tune with the factors that come into play."

Her volunteer duties include serving as board chairwoman of the Indianapolis-Marion County Building Authority and co-chairwoman of the Urban Land Institute Indiana. Hohmann also is a member of the Greater Indianapolis Progress Committee’s Criminal Justice Facilities Task Force, the Stanley K. Lacy Advisory Council, the Monument Circle Idea Competition Advisory Council, and on the boards of United Way of Central Indiana and the Indianapolis Children’s Museum.

Hohmann got her start in retail sales. After graduating from Purdue University, she worked in sales for the Kittle’s furniture store in Castleton. She later managed that store and other Kittle’s stores.  

Representatives of Cassidy Turley were not available to comment on Hohmann’s departure.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Angela IS the best RD

  2. We are a nation of speed. All of our younger lives are filled with deadlines, quotas and bottom lines. We start to ease out of the pressured rat-race when we finally see "retirement." The most enjoyable travel on the planet is passenger rail service. Indy to Chicago does not beat Megabus or Southwest Airlines in speed. Passenger rail however has the best seating, mammoth legroon, seat backs that recline to more than 45 degrees and employers that really want you to return as a customer. Indiana municipalities need to maintain subsidies to support this transportation mode. Losing it is loss for all of us.

  3. Good day! I just want to testify how i got my loan from Mr. Eric Lefkofsky after i applied several times from various loan lenders who claimed to also testify right in this forum,i thought the testimonies where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan. Until a friend of mine introduce me to this popular Mr. Eric Lefkofsky who promised to help me and indeed he did as he promised without any form of delay. I never thought there are still reliable loan lenders until i met Mr. Eric lefkofsky who indeed helped me with the loan and changed my belief. I promised to share this testimony after I got my loan. I don't know if you are in any way in need of a genuine and urgent loan,free feel to contact Mr. Eric Lefkofsky via their email{grouponfunding@hotmail.com}

  4. Its a THUG issue. Bleecker Street and NYX are thug bars. They attract thugs of all races. Places that attract thugs need to be kicked out of Broad Ripple. Ain't nobody got time for that!

  5. Hello everyone, My name is Marian Gareth, I am from the Texas, United State, am here to testify of how i got my loan from Mr Andre Frank {frankloancompany@yahoo.com} after i applied Two times from various loan lenders who claimed to be lenders right in this forum,i thought their lending where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan.Until a friend of mine introduce me to Mr Andre Frank the C.E.O of Andre Frank Loan Company who promised to help me with a loan of my desire and he really did as he promised without any form of delay, I never thought there are still reliable loan lenders until i met Mr Andre Frank, who really help me with my loan and changed my lief for better. I don't know if you are in need of an urgent loan, free feel to contact Mr Andre Frank on his email{ Frankloancompany@yahoo.com} for help

ADVERTISEMENT