News: Brokerage

Bremmer of ZT Realty: Follow your "gut" and take risks

Name: Robert Bremmer Title: Founder and President Company/firm: ZT Realty Years with the company: 5 Years in the real estate industry: 7 Address: 32 Court Street, Brooklyn, NY 11201 Telephone: 718-855-4422 Real estate organizations/sffiliations: Bremmer is the youngest member elected to join the board of directors of the Princeton University Alumni Real Estate Network. Also, after graduating from Princeton University, he established "Real Estate-Focused Career Nights" at Princeton to give students access to professionals and job opportunities in the real estate arena. What advice would you give to those just starting out in commercial real estate? I would tell them to follow their "gut" and not shy away from taking risks. Five years ago, my first real estate deal was the purchase of a multifamily building in Bedford Stuyvesant, Brooklyn, when few people thought that was a good idea. That deal, like many others that followed, turned out to be extremely lucrative. Quickly, we acquired 300 units in over 20 properties in Brooklyn, achieving great returns for our investors. You have to be patient and have a vision about how a specific neighborhood will evolve to find value in real estate. Where would you like to be 10 years from today? I would like to run a larger full service real estate/investment company in New York City with multiple divisions that develops, owns and manages a diverse portfolio of residential, commercial and industrial assets primarily in New York City and the surrounding area. To help me grow this company, I hope to put together a great team of top-notch, talented and ambitious individuals who love real estate as much as I do!
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
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
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.
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,