News: Brokerage

Conley of Cresa Albany named Market Forecaster of the Year by The Upstate New York CCIM chapter

The Upstate NY Certified Commercial Investment Member (CCIM) chapter has named Tim Conley, managing principal of Cresa Albany, as recipient of its Market Forecaster of the Year Award for 2012. Conley has been a commercial real estate industry professional for 23 years, and is regularly sought to share the benefit of his experience as a trainer and speaker for other professionals. The CCIM Institute exists to train and bestow membership on professionals who have demonstrated they are a recognized expert of theory and practice in the commercial and investment real estate industry. Designated members have completed a rigorous curriculum, assembled a portfolio demonstrating the depth of their commercial real estate experience, and successfully completed a comprehensive examination. The designation is prestigious with only 3-4% of industry professionals achieving membership (currently there are over 15,000 members). Cresa Albany, formerly Conley Associates, is an affiliate of the national Cresa commercial real estate network. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services. , including: Transaction management, project management, global accounts, portfolio strategies, location planning, lease administration, capital markets, and facilities services. With more than 57 offices, Cresa is one of the largest tenant representation firms in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms,Cresa covers more than 255 locations in 40 countries.
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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.
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
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,

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