News: Brokerage

Briccetti of The Business Council of NYS speaks at CIREB meeting

Heather Briccetti attended a meeting of the Commercial and Industrial Real Estate Brokers (CIREB), marking her first appearance as a guest speaker in her role as president and CEO of The Business Council. During her presentation, Briccetti discussed the governors State of the State address and The Business Councils legislative priorities for 2012. She covered a variety of issues, including the importance of public-private partnerships to spur economic development and the recent property tax cap. Briccetti also applauded Cuomo's call for improving the effectiveness of the education system. CIREB is a professional trade association made of real estate brokers and salespeople (all of whom hold membership in a local REALTOR association), property managers, real estate appraisers, attorneys, developers, economic development agencies and financial institutions. Its membership covers the Capital Region and its extended Tech Valley.
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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.
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