News: Brokerage

CBCM chosen to rep Niagara County in sale of Mount View complex

A 31-acre office and nursing home campus owned by Niagara County has been placed on the market, a move designed to allow taxpayers to capitalize the dormant asset. Niagara County and Coldwell Banker Commercial have initiated national, state, and regional realty sales campaigns to sell the Mount View Campus, a five-story Mount View Skilled Nursing Facility and an active 30,000 s/f office building on Upper Mountain Rd. Coldwell Banker Commercial Meridian (CBCM) was chosen to represent the county in the marketing of the Mount View Skilled Nursing Facility by the Niagara County Department of Purchasing, through a request for proposal process. The planned sale also has a local tie, as the local owners of CBCM, Eric Tudor and Patricia Collins, both reside in Niagara County, as does the lead agent on the marketing effort, Doug Hansgate.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.