News: Brokerage

Schiller and Seider of Pyramid's Buffalo office arrange $486,000 sale

Pyramid Brokerage Company-Buffalo, a full service commercial real estate provider in upstate New York, recently completed the $486,000 sale of 1400 Commerce Parkway. This 12,180 s/f industrial building, on 1.93 acres, was sold to Pow-R Devices, Inc. David Schiller, SIOR and David Seider, of the Pyramid's Buffalo office, represented the seller in this transaction. With more than 30 years experience, 10 offices and over 110 agents, Pyramid Brokerage is one of upstate New York's largest full service commercial real estate providers. Their people, resources and alliance with Cushman & Wakefield provide our clients with a comprehensive, effective and seamless local, regional, national and global service delivery platform.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.