News: Brokerage

Ciminelli Real Estate Corp. adds Lander and Christina

Ciminelli Real Estate Corp. has hired Eric Lander and Brian Christina. As real estate program manager, Lander's primary duties include executing, processing and monitoring lease and brokerage transactions and activities. The responsibilities of the position also include researching and reporting on market conditions and trends across the Ciminelli footprint. Lander earned his B.S. in Marketing from the Arizona State University College of Business Administration, a masters in Real Estate Development and Investment from New York University, and is a licensed real estate salesperson in New York State. In his new role with Ciminelli, Christina will be responsible for coordinating tenant improvement project activities to ensure projects are completed to specification and within schedule and budget constraints. Specific responsibilities include selection and management of contractors, site safety and work quality reviews, and coordination of project schedules for projects across Western New York. Christina holds a Journeyman Certificate in carpentry.
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Columns and Thought Leadership
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
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 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