News: Brokerage

Franasiak of Calamar appointed to second term on SBA Board

Kenneth Franasiak, CEO and chairman of Calamar, a full service real estate organization comprised of development, construction, property management and finance and investment divisions, was appointed to his second term with the Small Business Administration (SBA). The SBA is an entity of the federal government that has been helping U.S. small businesses with financial assistance ranging from small loans to substantial debt and equity investment capital since 1953. The SBA also provides free counseling and low-cost training to both new and promising entrepreneurs to established small businesses throughout the United States. "I am honored to have been appointed to the SBA board." said Franasiak. "Small business is the backbone of America. To be able to participate in developing programs and facilitate ideas that enrich and enable the entrepreneurial spirit is an opportunity I am thoroughly enjoying. The SBA is a tremendous organization that I am proud to serve on." Calamar is a full-service real estate firm comprised of construction, development, property management and finance & investment divisions for commercial and large-scale residential properties in the Northeast & Midwest regions. Calamar is headquartered in Wheatfield, NY and has offices in Omaha, NE, Woburn, MA and Niagara-on-the-Lake & Toronto, Ontario. For more information, contact Kathy Griffiths at 716.693.0006, ext. 211 or [email protected]
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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 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,