News: Brokerage

Gruzen Samton completes design for Atria Briarcliff Manor's $5m renovation project; Landscape architect was Imbiano Quigley

Local community and business leaders joined Atria Briarcliff Manor residents and employees in celebrating their newly refurbished community. The event showcased the results of a $5 million renovation project at the community, which is currently home to 100 seniors. The project enhanced common areas, the bistro and the theater as well as the wellness center and memory-care neighborhood. The project also upgraded apartments throughout, improved an emergency call system and rejuvenated landscaping that surrounds the community. "We share a common goal and that is to protect area seniors and enhance their quality of life," said Wendy Palmiero, executive director of Atria Briarcliff Manor. "The outcome of this project is a beautifully renovated building that I know our residents are proud to call home." The one-year project was designed by N.Y.C.-based Gruzen Samton. The landscape architect was Imbianao Quigley. Atria Senior Living Group, the nation's fourth largest assisted living owner-operator, provides respectful, quality care that helps approximately 13,000 older people live life to the fullest. Atria communities are not nursing homes; rather, they are active communities where seniors can get the care they need to live as independently as possible. At the heart of Atria's approach is our belief that superior care depends on running a superior business. That's why Atria has developed some of the industry's most stringent measurement tools and comprehensive training protocols. To learn more, log onto www.atriaseniorliving.com.
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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.
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,

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