News: Brokerage

Clark and Roller of CBRE|Buffalo represent landlord in 4,500 s/f lease

Brooklyn-based Towne Gardens, LLC, purchaser of area apartment complexes and Towne Gardens Plaza, employed Charles Clark and Robert Roller of CBRE|Buffalo for landlord representation services for Towne Gardens Plaza. CBRE|Buffalo was engaged to handle both the leasing and repositioning of Towne Gardens Plaza with existing and new tenants. CBRE|Buffalo had success in securing multiple interested parties, and ultimately finalized a lease with Lakeshore Behavioral Health for 4,500 s/f. Towne Gardens is located at 421-463 Williams St. at Jefferson. CBRE|Buffalo is a CBRE affiliate office serving WNY. The firm assists real estate owners, investors and occupies by offering strategic advise and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment; and consulting.
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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