News: Brokerage

BMAR Members Professional Profiles: Laurena Torres 2013

Name: Laurena Torres Title: Principal Broker/Owner Company: Torresco Realty LLC Location: Manhattan Birthplace: Brooklyn NY Education: Brooklyn College/NY University First job outside of real estate: Political Lobbyist Associate First job in real estate or allied field: Licensed Salesperson What do you do now and what are you planning for the future? I am currently the principal broker/owner of Torresco Realty LLC- a commercial investment real estate firm based in Manhattan. In the future I am planning to continue to expand my personal real estate portfolio. How do you unwind from a busy day in real estate? Skyping or emailing friends in Europe, Brazil or Canada to catch up after work. Favorite book or author: Ernest Hemmingway Favorite movie: "The Great Gatsby" Last song you downloaded? "Skyfall" One word to describe your work environment: Eventful Rules to live by in business: Honesty. Focus. Tenacity. If you could invite one person to dinner (living or dead) who would it be and where would you go? Rudolph Valentino /Café des Artistes What is your dream job? Archeologist
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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.
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
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