News: Brokerage

CB Richard Ellis/Albany hosts CIREB's October marketing session

CIREB's October Marketing Session was held at 1 Racemark Way, a 72,000 s/f office/manufacturing building located in a park-like setting. The building listed exclusively with John MacAffer of CBRE/Albany. Upcoming 2009 Marketing Sessions * Thursday, Nov. 5 hosted by Albany Management at 41 State St., Albany. Georgette Steffens, executive director of the Downtown Albany BID will speak to the membership. * Thursday Dec. 3 hosted by Windsor Development at 7 Southside Dr., Clifton Park. CIREB holds its monthly marketing sessions on the first Thursday of each month and are free to all CIREB members. For more info, please call Kelly Pierce at (518) 464-0194 or visit www.CIREB.com. CIREB has welcomed a new appraiser member: Caryn Zeh, Caryn Zeh Appraisals. On Friday, Dec. 4, CIREB will hold a 7.5-hour CE Credit Selling Commercial and Investment Properties, Issues, Money and Laws, includes three hours of Fair Housing/Discrimination by Ed Smith, CREI, ITI, CIC, GREEN, RECS. Upcoming Events: * A Night of Music: Sat. Nov. 14 at 7:30 p.m. CIREB spends an evening at the Albany Symphony with a private reception following with conductor David Allen Miller and Joseph Carr, Joseph Carr Wines. * Annual Holiday Fundraiser - Thursday, Dec. 10 at 5:30 -9 p.m. at 74 State St. Constructed in 1910 as an office building, a recently revealed cornerstone identifies 74 State as the former "Kinney and Woodward Building," now fully restored as an upscale hotel. CIREB will raise money for the Capital District YMCA Reach Out For Youth's campaign.
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Columns and Thought Leadership
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
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,
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