Brokerage Charles Dunn Picks Executive to Lead Expansion

Los Angeles real estate brokerage Charles Dunn Co. has selected a vice chairman to lead an expansion of the 80-year-old company.

Jay D. Haskell has been appointed to the new position and is expected eventually to succeed Walter J. Conn as chairman.

Haskell, formerly chairman and president of competitor Seeley Co., already has hired former Seeley brokers Wayne Saldana and Mike Tingus, and he expects to bring in more help.

Charles Dunn has 70 brokers in Los Angeles and Orange counties. Haskell said he hopes to expand to 100 brokers by the end of 2003. The company is relatively light in the industrial division, he said. He also plans to strengthen the property management and investment divisions.

“Real estate has become the primary investment for many people,” Conn said.

“We’re building to be able to find the right investments for our clients.”

Charles Dunn headquarters is in downtown Los Angeles. The firm has about 500 employees in California and Arizona and annual revenue of $30 million, according to a company statement.

Conn and former Los Angeles residential real estate mogul Fred Sands are the primary owners.

*

Roger Vincent