News: Brokerage

Giscombe Realty hires Drakeford as a commercial real estate broker

Giscombe Realty Group LLC has hired Holley Drakeford as a commercial real estate broker. He previously worked for Ardor Realty. Drakeford also served as a real estate consultant where he helped purchase, manage and renovate company-owned warehouse/office spaces and other properties in N.Y.C. and Miami for DK Management Company of New York. He also managed major pollution control projects for steel and coal factories in China as a liaison with U.S. engineering companies. For many years before going into real estate, Drakeford served as director of operations for PC Ware International, a technology company in Farmingdale, L.I. from 1992-2004. He has a bachelor of arts degree in History and Sociology from Luther College in Decorah, Iowa. He is also a member of the New York Real Estate Institute where he earned his real estate license and certification in both construction management and property management.
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Columns and Thought Leadership
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their