News: Brokerage

Ellis joins Studley's Midtown office

Studley has tapped CB Richard Ellis executive Keith Ellis to join the firm's Midtown office. A 21-year CBRE veteran, Ellis, executive managing director, will move his tenant-representation practice to Studley. "Keith and I have known each other for many years," said Studley chairman & CEO Mitchell Steir, who started his real estate career at the same brokerage firm as Ellis. "Keith is a perfect fit Studley, having spent his career solving complex real estate challenges for his clients. He will be an asset to Studley's New York office, as well as to the company as whole." He has represented corporations worldwide on six million s/f of deals. His expertise in creative problem solving, strategy development, pre-acquisition due diligence, complex transaction management and portfolio analysis has enabled him to deliver results that support his clients' operational and financial needs. He has represented companies from a wide spectrum of industries including communications, advertising, media, banking, finance and fashion. Ellis won the most coveted award in New York's real estate industry, REBNY's Most Ingenious Deal of the Year award, for a 300,000+ s/f deal on behalf of advertising giant Foote Cone & Belding. He was awarded the NAIOP Leasing Deal of the Year for The Interpublic Group of Companies. He has also worked on the corporate side as a divisional president at Levi Strauss & Co. Ellis is a member of the Real Estate Board of New York. He graduated magna cum laude from Brooklyn College and attended New York University's Real Estate Institute.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 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