News:
Spotlight Content
Posted: November 24, 2014
Gorjian of Namdar Realty: Acquiring opportunities
Name: Joel Gorjian
Title: Acquisitions & Dispositions
Company/Firm: Namdar Realty Group
Year Founded: 2001
Years in real estate industry: 5
Telephone: 516 773 0010
Email: [email protected]
URL: www.namdarrealtygroup.com
Twitter: Joel_Gorjian
LinkedIn: http://www.linkedin.com/pub/joel-gorjian/46/193/63a/
ICSC
Are investors finding the types of properties that they want right now? Are tenants happy with the sites available to them?
The real estate market is crazy at this juncture. I don't think investors are finding the homerun deals as they did during the downturn. However, a lot of groups, including ourselves are acquiring opportunities with tremendous value-add opportunity; mostly below-market rents or centers with high vacancy rates relative to the market. Once the asset is stabilized, investors will realize the return threshold they aim for.
Tags:
Spotlight Content
MORE FROM Spotlight Content
NYREJ's 2026 Women in Commercial Real Estate Participation Options
The New York Real Estate Journal is pleased to present Women in Commercial Real EstateOverview
This annual feature will celebrate the exceptional women and woman-owned firms making a significant impact across the New York commercial real estate industry.
.png)
Columns and Thought Leadership
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
CRE Guide Featured Company: Merritt Environmental Consulting Corp.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
