News: Brokerage

Berkshire Bank celebrates grand opening of new branch at 98 Wolf Rd. in Colonie

According to Berkshire Bank, it has celebrated the grand opening of a new branch, located at 98 Wolf Rd. On hand for the celebration were Colonie Chamber of Commerce president, Tom Nolte; Berkshire Bank vice president, regional manager of New York, Heather Lashway; Village of Colonie mayor, Frank Leak; Berkshire Bank director and New York region chairman, Bob Curley; town of Colonie supervisor, Paula Mahan; Berkshire Bank senior vice president-retail, Tami Gunsch; town of Colonie Board Member, Linda Murphy; Berkshire Bank branch manager, Jason Lecuyer; town of Colonie board member, Dan Hornick; and Albany-Colonie Regional Chamber of Commerce president, Mark Eagan.
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Columns and Thought Leadership
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,

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
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