News: Brokerage

Cabot Group unveils municipal facilities management initiative

The Cabot Group recently unveiled a municipal facilities management initiative allowing village, town, and city municipalities to reduce labor and operational expenditures by an estimated 30-40% by employing strategies and best practices proven to increase efficiency and reduce costs and municipal resources. "It is more important than ever to deliver the highest level of value to our community. We are confident that we can deliver significant results for municipal projects and management of any size or nature" says Bruce Hunt, VP of Facilities Management for THE CABOT GROUP. He continues, "With the current budgetary demands facing cities and towns, we feel it is time to deploy these resources to the community." Though new to Upstate, NY, this model has proven to be a success in other areas of the country. Raleigh North Carolina has outsourced facilities management functions for the last 12 years. The city began with their parks & recreation facilities, transitioning more each off-season and now, the model has been adopted for all facilities; administrative buildings, sports facilities, parks, even school districts. It has been estimated that this decision has saved the community tens of millions of dollars and has allowed the city to adopt new projects and programs. THE CABOT GROUP hopes to offer similar success to our region.
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Columns and Thought Leadership
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,
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.
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