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Thursday, May 2, 2024

Equity Union Adds Three Executives

Real estate firm plans to open an office in Los Angeles’ Westside.

Sherman Oaks residential and commercial real estate firm Equity Union recently made three executive-level additions to its roster and announced the expansion of its operations with an upcoming Los Angeles office on the Westside. 

The first addition came via the onboarding of Stephanie Vitacco, who will lead the firm’s new Real Estate Owned division as its vice president. In more than 30 years as a realtor, her specialties include residential real estate sales, trust and probate and foreclosures among other things. She has sold more than 7,000 homes in her career.

“Stephanie is the best person to lead our REO Department as the Vice President, REO Division.  She has built an excellent reputation with banks and the REO industry,” Harma Hartouni, chief executive of Equity Union, said in a statement.

Equity’s REO division will also be overseen by Marty Azoulay, who was announced as its director. Azoulay has more than 24 years of realty experience and more than $1 billion in career sales. 

Last year, Equity Union closed more than 1,500 transactions with more than $2 billion in sales volume, according to its website. The firm has about 500 licensed agents and brokers, making Equity Union one of the largest independently owned real estate companies in Southern California.

Followed up by Vitacco and Azoulay’s additions was Linda Ferrari, who was announced as the firm’s Global Luxury Director. In addition to being a seasoned realtor and advisor, Ferrari is a national finance and credit score expert, speaker, entrepreneur and author.

“Linda is a master negotiator with an expertise level in both finance and real estate. She has a global resource pool that has paved the path for individuals and investors to purchase real estate with a fulfilling and unique service that only Linda can provide,” Hartouni said in a statement. 

Alongside the news of Ferrari’s addition, Equity Union also shared that it will expand operations with its first office to open on the Westside of Los Angeles at 2528 San Vicente Blvd in Santa Monica. The office is scheduled to finish interior renovations and open at the end of the third quarter this year.

Equity has offices in Woodland Hills, Encino and Sherman Oaks, with plans to open locations in Toluca Lake and Santa Clarita. 

Antonio Pequeño IV
Antonio Pequeño IV
Antonio “Tony” Pequeño IV is a reporter covering health care, finance and law for the San Fernando Valley Business Journal. He specializes in reporting on some of the biggest names in the Valley’s biotechnology sector. In addition to his work with the Business Journal, Tony has reported with BuzzFeed News on the unsupervised use of Clearview AI, a controversial facial recognition technology. Tony, who also conducts freelance reporting, graduated from the USC’s Master of Science in Journalism program in 2021. He is in his fifth year as a journalist as of 2021.

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