News: Brokerage

BOMA accepting candidates for the Faces of BOMA

Greater Buffalo BOMA presented its annual Faces of BOMA Awards at the annual Christmas Party held in early December. It was a huge success, and the chapter hopes to repeat that success for this year. As you move through the year, keep an eye out for outstanding contributions to the Buffalo area, the local economy, and to the property management industry from area developers, engineers, property managers, BOMA members and BOMA vendors. Then nominate those companies or individuals whom you feel have turned in an excellent performance for 2008. Be our eyes and ears, and let us know about these candidates. The chapter will also be hosting their annual golf outing. Chairman Barb Bauer is already hard at work, and the event is scheduled for Monday, August 25, at Arrowhead Golf Club. Be sure to choose your favorite item to sponsor, as they tend to fill up quickly for this event. And as a last reminder, the chapter will not have a trade show this year. BOMA is taking a year off, revamping and revising, and promising a better event, a better location, and many new exciting features to look forward to. They are planning it for early May, 2009, at a downtown venue with parking.
MORE FROM Brokerage

NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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 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,