News: Brokerage

Chadwick Castle Managing Director Excelsior Realty Services

Name: Chadwick Castle Title: Managing Director Company: Excelsior Realty Services Location: 252 West 38th St., Ste. 505, New York, NY 10018 Birthplace: Wichita Falls, Tex. Family: Wife, Julie; daughters: Madeline and Victoria College: University of Pennsylvania, The Wharton School of Business First job outside of real estate: Investment banking analyst, Prudential Securities First job in real estate or allied field: Treasurer and director of a real estate company What do you do now and what are you planning for the future? We are a full service commercial brokerage firm. We plan to expand the company by providing superior service to our clients. Hobbies: Reading, travel, volunteering Favorite book: Biographies of Great People Favorite movie: "Cinema Paradiso" Keys to success: Focus, determination and honesty If you had to choose another vocation what would it be? Pilot
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Columns and Thought Leadership
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,

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.
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 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