News: Brokerage

Cosentino of TerraCRG strongly influenced by Cohen

Name: Matthew Cosentino Title: Vice President, Investment Sales Company/firm: TerraCRG Year Company was founded: 2008 Years with company/firm: 4 Years in field: 4 Address: 592 Pacific St., Suite B, Brooklyn NY 11217 Telephone: 718-395-1877 Email: [email protected] URL: www.terracrg.com LinkedIn: https://www.linkedin.com/profile/view?id=3117802 Which project, deal or transaction was the "game changer" in the advancement of your career? The first deal I ever sold was the "game changer." It was a six-unit building in Bushwick for $500,000. Once I realized I could successfully negotiate a real estate transaction (even a small one) it gave me the confidence to do more and bigger deals. Who or what has been the strongest influence on your career and why? Ofer Cohen, who is the founder and president of TerraCRG, the most active commercial brokerage in Brooklyn. Throughout every step of my career progression he has taken the time to make sure I have all the tools possible to be successful. In a very cutthroat industry, he has managed to be incredibly successful while maintaining the highest level of professionalism and ethics.
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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
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

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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
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.