News: Brokerage

CBRE/Albany hosts CIREB's June marketing session at 5 Ulenski Drive

On June 2nd, CIREB's membership met at 5 Ulenski Dr. The featured property is available for lease with just under 5,000 s/f of commercial office/retail space available. Built in 2008, amenities include onsite parking, Dryvit/steel construction, 226 Data Ports, 10,500 f/t of Cat 6 Plenum Data Cable, ADT Security including Kantech card access system. The building is located just off Wolf Rd. with neighbors including numerous office parks, Macy's, Sears, Wolf Road Shoppers Park and minutes from Albany International Airport, I-87 Northway and I-90. For more information visit www.cbre-albany.com. Representatives from Creighton Manning attended, discussing the connection between land use and transportation with case studies of local development projects such as Global Foundries and the relocation of Washington Avenue for the Albany Nano Tech campus. Visit www.cmellp.com for more information.
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Columns and Thought Leadership
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
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,