News: Brokerage

Kenny named east region executive of CREB for Bank of America Merrill Lynch

Bank of America Merrill Lynch has named Steve Kenny as the east region executive for commercial real estate banking (CREB). Kenny succeeds Chris Thomas, who is retiring. Kenny manages teams that serve CREB clients in the eastern half of the U.S. He previously was the CREB executive for the New York and New Jersey markets. Kenny reports to Ron Curtis, head of CREB. "Steve's experience in the industry, his understanding of our strategy and his creativity in providing the right solutions have been instrumental in serving Bank of America Merrill Lynch's commercial real estate clients," Curtis said. "Steve is a proven leader with the expertise and innovation to help our company continue delivering for clients." CREB is part of global commercial banking and works closely with other businesses within Bank of America Merrill Lynch to provide a broad set of financial solutions to professional real estate developers, REITs and Opportunity Funds nationwide. Bank of America Merrill Lynch extended $41.3 billion in commercial real estate loans in 2013.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent