News: Brokerage

Greg Rand 2009

Name: Greg Rand Title: Managing Partner Company: Better Homes and Gardens Rand Realty Location: One North Broadway Birthplace: New York, N.Y. Family: Wife, 2 little kids College: Siena, BS, Marketing First job outside of real estate: Selling sneakers at a sporting goods store First job in real estate or allied field: Market study for the family business What do you do now and what are you planning for the future? We are a regional real estate services company. Our highest profile company is BHG Rand (residential brokerage.) We also operate Rand Commercial Services (commercial real estate), Rand Mortgage, Hudson Abstract (title insurance) and are now launching The Hudson Group (insurance agency). Our plans for the future are to build our company out to be the market leader in the Lower Hudson Valley region. We are already No. 1 in the region in transactions, but we don't service all markets yet. We are expanding now to do that. What is the biggest green change you would like to see happen in your over the next 10 years: Windmills on commercial rooftops. Close Indian Point. Hobbies: Playing with my kids, tennis, new business ventures Favorite book: "Anthem" by Ayn Rand (no relation) Favorite movie: "Caddyshack" Person you most admire (outside of family): Paul Adler, executive vice president of Rand Commercial Service - mentor of mine Keys to success: Create an exciting and compelling vision and attract talented people to it. Choose your battles well, then never stop fighting until you win. If you had to choose another vocation what would it be? Stay at home dad.
MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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
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,