News: Brokerage

Eng-Wong honored at the NJIT 2014 Celebration

On November 14, principal Paul Eng-Wong was honored at the New Jersey Institute of Technology (NJIT) 2014 Celebration at the Pleasantdale Chateau. Eng-Wong received the Edward F. Weston Medal for Professional Achievement. The award is presented to an alumnus in recognition of professional and civic accomplishments and exceptional financial and volunteer support of the university through individual gifts. NJIT is Eng-Wong's alma mater and he continues to give back and lend his time. Eng-Wong is one of many in VHB's Newark office who have graduated from NJIT and volunteer to advance students professional careers. "More than seventy percent of staff in VHB's Newark office are NJIT alumni. We cherish the relationship we have built with the school, and it's rewarding to help guide and educate current students," said Eng-Wong. The Celebration honors individuals for achievements that are aligned with the university's mission. The Celebration has raised more than $4.3M in scholarship endowment funds for students since 1995. The proceeds go to students who attend the Newark College of Engineering, College of Architecture and Design, College of Science and Liberal Arts, School of Management, Albert Dorman Honors College and College of Computing Sciences since 1995.
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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.
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 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
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