News: Brokerage

Andrew Dorf Sr., Associate & Director, Net Leased Properties Group - Marcus & Millichap

Name: Andrew Dorf Title: Senior Associate and Director, Net Leased Properties Group Company: Marcus & Millichap Location: 16 Court St., Fl. 2A, Brooklyn, N.Y. Birthplace: New York, N.Y. Family: Wife and daughter College: University of Michigan, Ann Arbor; Law School: Tulane University First job outside of real estate: Attorney First job in real estate or allied field: Marcus & Millichap What do you do now and what are you planning for the future? My team and I work on a national platform focused exclusively on the sale of net leased properties under $20 million, primarily retail and office. Our goal is to continue to be an asset to our clients and be the most knowledgeable brokers in this product type while expanding our presence in the Northeast. Persons you admire most (outside of family): Winston Churchill, Jackie Robinson Keys to success: I like people and strive to understand what motivates them, makes them happy and what frustrates them. I think this genuine empathy translates to new business. I am consistent and accountable for my actions. Also, and most surprisingly, simply returning phone calls and e-mails promptly. If you return calls quickly, you may gain new clients, you should retain old clients and you will avoid other's frustration which can also avoid deal pitfalls. If you had to choose another vocation what would it be? Music mogul
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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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their