News: Brokerage

Gendalia joins Rand Commercial Services' White Plains office as a licensed real estate salesperson

According to Rand Commercial Services (RCS), an independent and leading commercial real estate brokerage in the Hudson Valley, Christy Gendalia has joined the firm as a licensed real estate salesperson. Gendalia is a commercial real estate specialist, with a knack for communicating complex buying and selling financial matters to clients. Prior to joining Rand Commercial Services, she was a senior financial analyst. Gendalia is a Certified Buyer's Representative and a Certified Depressed Properties Expert (CDPE), of which there are currently only 22,000 nationwide. "Christy is a fantastic addition to our team," said Paul Adler, VP of Rand Commercial Services. "She is experienced in business, financial analysis and negotiations - all essential strengths in the commercial real estate market. Christy's wealth of knowledge is a true asset to buyers and sellers, and we're thrilled that she has joined our White Plains office." A resident of Rye Brook, Gendalia has an MBA in Finance from Marymount University in Arlington,Va.
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Columns and Thought Leadership
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
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.