News: Brokerage

IOREBA installs 2008-2009 officers, exe. committee and senior council

The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) has installed its 2008-2009 officers. Founded in 1927, IOREBA is one of the oldest office and industrial real estate brokers associations in the U.S. and has grown from just 33 members to more than 300 located throughout N.J., N.Y., Pa., Ct. and other states. The new officers is headed by David Violette, who has been named as president. Violette, VP of Colliers Houston & Co.'s property management division, has been with IOREBA for more than a decade. Recently, he chaired the membership committee, helping the organization achieve double-digit growth in the past year. Charles Logan Jr., president and CEO of the Aztec Corp., will serve as VP; Sean Brady, senior director of Cushman & Wakefield, Inc. will serve as secretary; and David Knee, managing director of Jones Lang LaSalle will serve as treasurer for the coming year. IOREBA's officers also include a 15-member executive committee and a senior council comprised of more than 30 industry leaders.
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 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
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