News: Brokerage

Feeley joins Provident Bank as commercial relationship manager and assistant vice president

Nancy Feeley, who has 14 years of experience in commercial real estate and lending in both the private and public sectors, has joined Provident Bank as commercial relationship manager and assistant VP. Feeley was most recently commercial loan underwriter for The Community Preservation Corp. (CPC) where she originated multi-million dollar commercial loans for the development of for-sale and rental affordable housing. "Nancy Feeley brings to Provident Bank a keen understanding of commercial and real estate lending with extensive experience in the public as well as private sector. We are very pleased to welcome her to our commercial lending team," said Stephen Dormer, executive VP, commercial lending. Prior to joining CPC in 2002, she was a program specialist for the NYS Housing Finance Agency where she administered the Federal Low Income Housing Tax Credit Program to promote affordable housing development. She began her career in 1997 as program manager for Regan Development Corp. in Yonkers. Feeley earned a bachelor's degree from Roanoke College and holds a master's degree from the University of Delaware. She is a resident of Valley Cottage.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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

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