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.
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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.
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
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