News: Brokerage

BOMA Rochester to hold Inaugural Building Recognition Awards Luncheon May 16

According to BOMA Rochester, it will be holding its Inaugural Building Recognition Awards Luncheon on Wednesday May 16 at Locus Hill Country Club. Registration is at 11:30 a.m., with the Luncheon and Program beginning at noon. The chapter will be recognizing local buildings for excellence in the following categories: Sustainable Site; New Construction; Renovated Building (Residential or Commercial) and Office Building. Winners will be honored at the luncheon. All members of BOMA Rochester may attend the luncheon on a complimentary basis, as the cost of the event is included in dues. Guests are also welcome to attend. The cost is $35. To make your reservations please visit www.bomarochester.com. You may also send a check or pay at the door.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
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

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
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