News: Brokerage

Cooper-Horowitz, Inc. finances a total of $44.05 million

Cooper-Horowitz, Inc. has arranged a total of $44.05 million financing for the following: * An $8.45 million loan for two mixed-use buildings located on 815-817 Broadway. Jeffrey Horowitz and David Horowitz of Cooper-Horowitz represented the firm. * An $8 million loan for the acquisition of 200 acres for single family home development on Beattie Rd. in New Windsor. Horowitz and Bruce Marcus of Cooper-Horowitz represented the firm. * A $7.6 million loan for a Westchester multifamily portfolio consisting of 82 co-op units. Horowitz and George Stergiopoulos of Cooper-Horowitz represented the firm. * $4 million for two existing BP gas station facilities: 4355 Broadway and 2 Glen Cove Rd., L.I. Horowitz and Vegh represented the firm. * A 12.5 million loan for a proposed nine-story apartment building with ground floor retail on 2223 Third Ave. Horowitz and Mark Niman of Cooper-Horowitz represented the firm. * A 3.5 million loan for one unit in the Trump World Tower Condominium building at 845 U.N. Plaza. Horowitz and Stergiopoulos represented the firm.
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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
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

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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,