News: Brokerage

Buksbaum and Trauernicht join Cresa New York as vice presidents of sales in the New York office

According to the New York office of Cresa, Jonathan Buksbaum and Clayton Trauernicht have joined the firm as vice presidents of sales. Cresa New York is now an office of 42 employees, growing nearly 30% in one year. "As the New York office of Cresa continues to grow, we remain focused on hiring professionals at the top of their fields, both within and outside of the commercial real estate industry. Jonathan is one of the brightest young brokers I have met in years. His commitment, tenacity and intelligence are cornerstones of his potential to become a very successful broker," said Mark Jaccom, president and managing principal of Cresa New York. "Clay also achieved an admirable reputation and career in advertising and marketing. His expertise in the field and his talent will be beneficial to furthering the Cresa New York brand as he focuses on expanding our company's advertising and media initiatives." Buksbaum joined Cresa New York from DTZ (formerly Cassidy Turley), where he served on the firm's business development team since 2012. Offering detail-oriented and diligent dedication, he also secured deals for a variety of clients, including hedge funds, real estate investment firms, high-tech and venture capital companies, and not-for-profit organizations. At Cresa New York, he will concentrate on Tech companies, working off Cresa's reputation of representing some of the finest tech companies in the U.S. Jonathan is a graduate of the University of Wisconsin - Madison. Trauernicht joined Cresa New York from Winged Foot Media, where he served as president since 2009. He is adept at securing sponsorships and advertising sales, as well as strategic partnerships for sports programming and branded entertainment. He will bring his experience in finance, advertising and marketing to Cresa New York, where he will concentrate in the publishing, advertising and media area where he has a vast amount of connections and an impeccable reputation. He is a graduate of the University of Denver in Colorado.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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
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,