News: Brokerage

Fiegel launches Blackbird Asset Services

Auction and appraisal industry veteran, David Fiegel, has launched Blackbird Asset Services. Recognizing the need for more personal and flexible service in the auction and appraisal industry, Blackbird was founded to combine the attention of a boutique firm with the results of a large company. With over two decades of experience, the Blackbird team has the resources, knowledge, and relationships to compete at the highest level in the industry while maintaining the flexibility to deliver at the local level. Blackbird knows it's the attention to detail that really matters. It matters if a client needs to sell within 30 days or if they need to hold out for the highest financial return. It matters if the union is hostile or if the auction descriptions give right-fit buyers enough information to bid with confidence. It matters to our clients that they are kept in the information loop from beginning to end. The details matter. For auction sales Blackbird takes the time to understand what the seller defines as success, and then uses an adaptive approach to customize solutions to get there. All valuations are conducted by a certified appraiser in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). For more information, visit www.blackbirdauctions.com.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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,
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