NEW YORK CITY—In response to over $300M in transactions in 2011, Helios Capital Advisors has expanded by opening a New York City office located at 366 Madison Avenue.

Helios, based in Woodbridge, N.J., is a full-service real estate advisory firm specializing in the sale of commercial/residential mortgage loans and real estate-owned assets.

Managing director Josh Malka and associate director Ben Shulman will be working out of the Madison Ave. office.

Helios focuses on the small-balance, nonperforming loan, REO and investment sales market, with a target on portfolios and individual assets with unpaid principal balances, working directly with each counterpart.