News: Brokerage

Elias is senior financial analyst at CBC Alliance

Coldwell Banker Commercial Alliance (CBC Alliance) has brought Evan Elias on board as a senior financial analyst for the commercial real estate firm. In his new advisory and consulting capacity, Eliaswill be in charge of providing CBC Alliance brokers with up-to-the-minute property analyses and long-term projections for leasing terms through a total line-by-line cost basis. In addition, he will oversee the compilation of data for quarterly, mid-year and annual reports. "With Evan's expertise, our brokers will have the tools to provide clients with accurate assessments concerning potential leases, relocations, expansions, acquisitions and disbursements and much more," says Richard Selig, principal and co-founder of CBC Alliance. "This is a service generally associated with national conglomerates. So as a mid-size company it gives us a tremendous advantage, especially as office market experts with long-term relationships." Prior to joining CBC Alliance, Elias spent 16 years as a senior financial analyst for Cushman & Wakefield. Before that, he was a real estate asset manager in the former Chemical Bank's REO department. Elias holds an MBA in Finance and earned his bachelor's degree in Economics. In addition, he received further certification in real estate from NYU and he is a certified tax assessor through Rutgers University. Coldwell Banker Commercial Alliance (CBC Alliance) launched in August 2012 with the backing of Waterfall Asset Management, a New York City-based investment advisor and hedge fund with approximately $2 billion in assets under management. Formerly known as The Hunter Realty Organization, a 15-year-old firm co-founded by managing principals Peter E. Sabesan and Richard I. Selig, CBC Alliance is a leading commercial real estate company focused on small and mid-size businesses. It is the sole New York City franchise in the Coldwell Banker Commercial network with plans to expand into 10 major urban markets over the next 24 months.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their