News: Brokerage

Gluckstal and Canzoneri of Sabre arrange $1.2 million sale

Sabre Investment Group has arranged the $1.2 million purchase and leaseback of a Burger King restaurant. The 3,545 s/f restaurant was sold by Carrol's LLC, one of the largest franchisees of Burger King restaurants, which agreed to a lease back deal with the buyer, Poggio Darpi LLC, a Forest Hills-based real estate investor. The restaurant is located at 4371 Portage Rd. Corey Gluckstal and Guy Canzoneri, principals of Sabre, represented the purchaser. Glen Kunofsky, a senior director of Marcus & Millichap, represented the Syracuse-based seller. Sabre Investment Group, established earlier this year, handles investment transactions of shopping centers, multi-family residential and single-tenant triple-net retail properties.
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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.
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
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
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,