News: Brokerage

Greater Buffalo BOMA donates golf proceeds to the Buffalo Zoo

Greater Buffalo BOMA is once again directing proceeds from the annual Golf Outing to a local entity. Funds raised at the event will be donated to the Buffalo Zoological Gardens for the benefit of the new construction projects which are needed for improved conditions for the animals. The contribution will take place at the January chapter meeting, where Donna Fernandez, director of the zoo, will be the program speaker. Visit their website at www.buffalozoo.org. Held since 1993, the Greater Buffalo BOMA Charity Golf outing is a fun event featuring a Chinese auction, 50/50 raffles, various golf games and a lot of very interesting door prizes. Plans are already underway for this year's event, which will take place in August. The program committee for BOMA is working hard developing presentations for upcoming Chapter meetings. Some plans are already in place, and include restoration of a business after a disaster, a Commercial Market Review, Clean Coal Technology, and some building tours of new and refurbished facilities. Greater Buffalo BOMA is a federated chapter of BOMA International, a worldwide business association designed to promote and look after the interests of commercial office building ownership and management.
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Columns and Thought Leadership
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
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.
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,

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