News: Brokerage

BOMA and American Society of Heating, Refrigeration and Air-Conditioning Engs. sign Memorandum of Understanding

The Building Owners and Managers Association (BOMA) International and the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) have signed a Memorandum of Understanding (MOU) in recognition of shared technical interests to foster superior building performance. Both organizations will work together in achieving, among others, the following goals: * Identify opportunities for shared operation services * Identify opportunities to collaborate on product development, and to give presentations at each other's conferences * Where mutually beneficial, jointly promote educational programs to members and jointly identify, create and identify new products and services * Encourage continuing dialogue between ASHRAE and BOMA at national, regional and local levels on issues of importance to engineers and building professionals. * Encourage collaborative and cooperative activities to promote continuing professional development. * BOMA and ASHRAE commit to support each other and fully participate in standard development areas, initially centering around ASHRAE standards 62.1, 90.1, 180 and 189.1 working within the ANSI consensus standards development process.
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Columns and Thought Leadership
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,

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.
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