News: Brokerage

HOK welcomes Watkins and Chao to its health care practice

The New York office of HOK welcomes Nicholas Watkins and Henry Chao to the Health Care practice according to Kenneth Drucker, director of design for HOK New York. Watkins joins the practice as director of research. As one of the first candidates to receive a Ph. D. from the University of Illinois School of Architecture in Social and Cultural Factors in Design, he has worked to evaluate the environmental influences on design, patient outcomes, patient satisfaction, and the impact on facility organization, specifically optimizing the physical environment in support of advanced protocols. Chao takes on the position of healthcare design principal. He has more than 26 years of experience dedicated to the design and planning of health facilities. Many of Chao's projects have been recognized for design excellence through various publications, awards, and peer recognition.  He frequently presents current work and contemporary issues in architecture for health care, research and academics.   HOK is a global architectural firm that specializes in planning, design and delivery solutions for buildings and communities. Through its collaborative network of 24 offices worldwide, the firm serves diverse clients within the corporate, commercial, public and institutional markets. HOK is committed to developing resources and expertise to help lead the world toward sustainable communities and building environments. Founded in 1955, the firm's expertise includes architecture, engineering, interiors, plan­ning, lighting, graphics, facilities planning and assessment, and construction services.
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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
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,

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