News: Brokerage

CIREB elects its 2008 officers and directors at annual meeting

The Commercial & Industrial Real Estate Brokers, Inc. (CIREB) a 600-member association of commercial real estate professionals recently elected the 2008 officers and directors during their Annual Meeting. Elected officers include: Cory Tyksinski, president; James Conroy, vice president; and Susan Anderson Touhey, secretary/treasurer. CIREB also welcomes their newest members: * Broker membership: Mark Peterson, Community Partners Group. * Associate membership: Nick DeMarte, Realty USA; Bill Parker, Saratoga Sotheby's International; Francesco Pecoraro, Pinnacle Real Estate; and Jean Taormina, Realty USA. Find complete and current listing of all of CIREB's members, along with contact information available on our website. CIREB's upcoming marketing sessions include the following: * February 7th Marketing Session to be hosted by Trinity Realty Group. This event will be held at 1866 State St., Schenectady. * March 6th Marketing Session will be hosted by TL Metzger & Associates. Location is to be announced. * April 3rd Marketing Session will be hosted by Platform Realty Group. CIREB holds its monthly marketing sessions on the first Thursday of each month and are free to all CIREB members. Reservations are mandatory and sessions begin promptly at 8 a.m. Guests may attend these sessions at a cost of $10 per person.
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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
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
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.
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.