News: Brokerage

BOMA simplifies going green for real estate professionals

The Building Owners and Managers Association (BOMA) International has launched the next generation of green education for commercial real estate professionals, the Sustainable Operations Series (SOS), four 90-minute Webinars that teach practical * Course One: Making Sense of Sustainable Operations: Oct. 22, from 2 - 3:30 p.m. EST. Covers the basics of greening commercial building operations—defining key terms, exploring the best approaches and explaining green certification programs. * Course Two: Strategies for Reducing and Reusing Building Resources: Nov. 12 from 2-3:30 p.m. EST. Highlights two key components of any good sustainable operations plan: how to reduce consumption of resources—from electricity and gas to paper and metals—and how to inventively reuse resources that have been consumed. * Course Three: Rethinking Recycling—Beyond Paper and Cans: Dec. 3 from 2-3:30 p.m. EST. Going beyond typical paper and aluminum can recycling, learn how to identify building materials—from construction waste to light bulbs to office equipment—that can be recycled cost-effectively. * Course Four: How Green Is My Building? Tools for Measuring the Total ROI of Sustainability: Jan. 14, 2009 from 2-3:30 p.m. EST. The final course demonstrates how to measure total ROI on sustainability—from impact on net operating income to tenant retention—and shows you how to "sustain sustainability" to continuously improve building performance. Founded in 1907, BOMA is an international federation of more than 100 local associations and affiliated organizations. The 17,000 members of BOMA own or manage 9 billion s/f of commercial properties in North America and abroad. BOMA's mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.