News: Brokerage

Adams of Berkshire Hathaway named to REBNY Board of Directors & Ethics Committee

Wallingford, CT According to Berkshire Hathaway HomeServices New England, New York and Westchester Properties, CEO and president Candace Adams has been named to the board of directors and ethics committee for the Real Estate Board of New York’s (REBNY) Residential Brokerage Division. With her appointment, Adams will join REBNY leadership in charting the association’s activities and policies, in close and continuous consultation with elected committees, and consult on REBNY’s positions and actions on issues concerning the residential real estate industry.

As CEO and president, Adams is responsible for overseeing the brand’s operations and 1,800 agents across Connecticut, Massachusetts, New York and Rhode Island. She also serves as president of the Northeast Region of HomeServices of America, the country’s second-largest residential real estate brokerage company.

“I am thrilled to join the esteemed members of the board and serve alongside them to better our industry,” said Adams. “New York real estate is one of the most exciting environments in the world, and I will do everything I can to support REBNY’s work in protecting, improving and advancing our business.”

Over the course of her 20-year tenure at Berkshire Hathaway HomeServices, Adam has managed tremendous success and expansion both within and beyond the company’s footprint, including the acquisition of seven existing brokerages and the launch of four new offices in three years. Chief among the brand’s growth activities under Adams’ watch is the launch of Berkshire Hathaway HomeServices’ first New York City location.

An accomplished and recognized real estate industry leader, Adams also serves on the board of directors of SmartMLS, which represents more than 17,000 Connecticut real estate professionals and resulted from the August 2017 merger of The Connecticut Multiple Listing Service, Inc. (CTMLS) and Greater Fairfield County CMLS (GFC CMLS). Prior to the merger, Adams had been a director on the CTMLS board for 10 years. She has been twice named among Real Estate Executive magazine’s “100 Most Influential Real Estate Executives” and has been recognized six times in Swanepoel’s “Power 200” list of the most powerful people in residential real estate. Most recently, she was selected as a 2019 RISMedia Newsmaker for her contributions to the residential real estate industry.

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.
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