News: Brokerage

CIREB welcomes its newest members to its organization

The Commercial & Industrial Real Estate Brokers, Inc. (CIREB) has welcomed the following new members to its organization: * Broker membership: Eric Dahl, Community Realty, and Mary Lee Morrell, Morrell Real Estate. * Associate membership: Adam Boghosian, Trinity Realty Group; James Clark, Falvey Real Estate Group; Steven Cronin, Carrow Real Estate Services; Paul Hart, Falvey Real Estate Group; Steve Hoffman, Trinity Realty Group; and Shannon McCarthy, Realty USA. * Affiliate membership: State Employees Federal Credit Union (SEFCU), represented by Virginia Ruggiero. CIREB held an orientation course for its new members on October 7th. Over 40 new members attended the course. CIREB president Cory Tyksinski, (NAI Platform) along with board members: Kevin Parisi (Trinity Realty Group), education chair; Don Noland (CB Richard Ellis/Albany), MLS committee chair; and Peter McKee (Re/Max Premier), by-laws & professional standards committee chair covered everything from the history of CIREB to the proper use of CIREB forms. A second orientation course will be scheduled later in the year.
MORE FROM Brokerage

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
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.
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.
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