News: Brokerage

Charity Realty International donates $2,000 to Rockaway Borough Fire Department

The heroic efforts of Rockaway Borough’s Fire and Police Departments’ quick response team, following the Valentine’s Day roof collapse at 44 Woodland Ave., that that nearly took the life of one night shift machinist and trapped $5 million dollars of equipment inside was honored. Edmund Kiss of E & J Machine and Tool and Ziggy Rossa of Triangle Automatic, Inc. were very grateful for the professional support they received over the many years from Rockaway. This support was never more evident the days after their building collapsed due to the 17 inches of snow that fell that week. As a result of engaging the services of Charity Realty International to find new homes for their precision machine shops, their gratitude was realized in a $2,000 donation to the Rockaway Borough Fire Department. The money will be used for their fire safety education programs and some new equipment. Charity Realty International is a commercial real estate brokerage company that uses revenue generated from real estate brokerage to bring awareness to and help fund their clients’ favorite charities. Charity Realty donates between 20% and 50% of their commissions to help support these worthy causes. You can find Charity Realty on the web at www.charityrealtyint.com
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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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.