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Lila Delman / Compass
Narragansett
401-954-5703 M
401-789-6666 O
Gregory.Arakelian@LilaDelman.com
Contact Gregory Arakelian
Gregory Arakelian is Commercial Director/Sales Associate with Lila Delman Compass, specializing in retail, hospitality and waterfront residential sales and acquisitions. Born in Los Angeles, California, Arakelian earned his B.A. from Indiana University with double majors in Psychology and Art History and with a minor in Italian. After living on the west coast and in the Midwest, he appreciates the mix of ocean living with the four seasons which Rhode Island offers. His skills and leadership in design and negotiations and his knowledge of both residential and commercial markets have enabled him to specialize in luxury, waterfront, and commercial properties. His commercial clients include such well-known companies as the Ocean House Resort and Five Star Hotel, Gilbane Development Company, Dovetail & Co, Procaccianti Companies, Apex Technology Group and NBX Bikes.
Arakelian has consistently delivered record breaking prices for his residential clients as well, and currently has the highest price per square foot sale in both Narragansett and South Kingstown, where, as sales director, he was responsible for all five of a new beachfront development’s historic sales. The success Arakelian has brought to The Pointe Beach House development reaches beyond sales where he consulted on design, interior finishes and lighting. He is also responsible for the beautiful marketing imagery, the development’s emblem and the ingenious pneumatic elevator.
Arakelian’s energy, knowledge, experience, and success have been recognized by national companies such as the CoStar Group, a leading provider of commercial real estate in the world, which named him a Power Broker in 2015, 2019 & 2021. This award recognizes distinguished professionals in commercial real estate brokerage by analyzing their achievements within their respective markets. Arakelian reacted to the award in a press release: “I am proud to be the only broker from a residential firm to win the National Power Broker Award for the Providence market. My firm, Lila Delman Compass, has been recognized for many years as the preeminent broker for luxury residential real estate in Rhode Island, and it is exciting to be a part of its effort to advance our commercial brand to a similar level.”
Arakelian’s enthusiasm touches everything he does. Whether he is road biking, boxing, paddle boarding, or traveling, he brings to each activity the same degree of dedication, exemplified best by his commitment to volunteer at South County Hospital’s Emergency Room as an Emergency Medical Technician. Whatever the client’s interest—an exciting place to live or a rewarding place to invest—Arakelian is always enthusiastic to relay the opportunities in southeastern New England.
South County Health – Volunteer of The Month
What They’re Saying...
Greg was recommended to us by a close friend, and he earned our trust very quickly by zeroing in on exactly what we were looking for and at the same time protected our anonymity. Greg introduced us to the wonderful Rhode Island beaches and he shepherded us through the whole process, from negotiations to custom interior improvements and even rental management. We now have both a rewarding destination where our family can enjoy all four seasons, as well as a rewarding investment that produces strong rental returns. Greg’s performance was Pro Bowl status, and we recommend him to any public figure requiring premium care and discretion.
Stephen and Hallie Gostkowski, New England Patriots Starting Placekicker, 3 time World Champion, 4 time Pro Bowl, Patriots All Time Leading Scorer.
It has been our pleasure to know and work with Greg Arakelian since 2011. Greg initially helped us in regards to a business we were selling and a property we were marketing for lease. He was professional in his approach, and engaged at every stage of our discussions (which is a rarity in this day and age). Greg worked swiftly to bring us several candidates for consideration, and in the end, sealed a deal for $4.00 sq ft over market rent and triple net! Greg worked tirelessly for us through the entire process, and took on the endeavor as if it was his own. We have worked with Greg on several other projects, including selling our Watch Hill marina off market, and we look forward to many more to projects to come.
Daniel & Jennifer King, Directors of The Ocean House Resort
Simply stated, Greg Arakelian is our broker of choice. He came highly recommended and was a tremendous help in two recent transactions. Greg recommended specific contract language and terms to ensure we could settle even in the event of unforeseen circumstances. Circumstances occurred, but the contract was easily embraced by both parties and the transaction was a success. Greg has also sold my primary residence and helped us buy our next development property. Valuable insight from Greg based on his aptitude and his experience.
Christopher B. Dale, President and CEO of The Apex Technology Group, Owner of Narragansett Bikes
I used Gregory Arakelian's service to both sell my house and buy my new house.Greg could find a buyer in only 3 weeks. The reason why is linked to his professionalism in many aspects:- appropriate price positioning aligned with the market and not what the seller think it is worth.- availability with no limit to accommodate potential buyers' schedule.- ability to identify immediately serious buyers- communication style with lots of empathy creating the connections- patience and lots of patience- followed through every single request- could manage all parties involved (banks, attorneys, other real estate agents,etc) to reach a secured deal in a timely mannerI would not use a different real estate professional, as he clearly understood my expectations and limited time I had, he took the lead in most of the aspects and kept me updated almost on a daily basis.My previous experiences with other agents never established the trust relationship that i expected, and I could not find agents who could understand executive or busy customers' expectations.Would I use Greg again? Yes in a heartbeat.
Nicolas Cindric, Vice President of Global Solutions at Schneider Electric
I would recommend Greg to anyone looking to successfully sell a business or home here in Rhode Island. Greg went above and beyond for us in not only negotiations, but thinking outside the box. The marketing Lila Delman uses is state of the art, and complemented Greg's visual communication skills. Throughout the process Greg was beyond patient, and did the proper research and networking to get our deals done. To date, Greg has sold one of our businesses, one of our houses, and represented us in buying our current home.
Benjamin Wood, President and CEO of Fire & Water Restaurant Group
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