News: Brokerage

Burdett of Flaum Management wins Best New Talent in Comm'l Real Estate Award from NYSCAR

Scott Burdett, the director of marketing at Flaum Management Company Inc., has received the 2008 Best New Talent in Commercial Real Estate Award by the Rochester Area Chapter of the New York State Commercial Association of Realtors (NYSCAR). The award given by RAC-NYSCAR covers the greater Rochester area, and is an award presented each year to one of the organization's 120 members. Burdett joined Flaum in 2005 to aid in the marketing and leasing of the company's commercial real estate portfolio. Burdett has served on the board of directors for the NYSCAR chapter and the state technology committee for NYSCAR. He is also a member of the Rochester Downtown Development Corp. Urban Retail Development Committee and the Rochester Regional Community Design Center Downtown Task Force. Burdett is a member of NYSCAR, the International Council of Shopping Centers and the National Association of Realtors.
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,