News: Brokerage

Kings Capital Construction named a fastest-growing private company in NYC Metro by Inc. Magazine

New York, NY Inc. Magazine revealed that Kings Capital Construction is No. 127 on its second annual Inc. 5000 Regionals: New York City Metro list, the most prestigious ranking of the fastest-growing New York City area based private companies.

“My partner, Mike, and I are humbled by this honor and recognition. Ultimately, our company’s success is a tribute to our outstanding employees who are committed to excellence. As leaders, we are responsible for creating an environment that is effective, supportive, and authentic. We know it is critical that we create value for everyone along the way because the relationships we build are the primary contributors to our track record of success,” said JD Summa, CEO and president.

Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the NYC area economy’s most dynamic segment—its independent small businesses.

The companies on this list show stunning rates of growth across all industries in the New York City area. Between 2017 and 2019, these 250 private companies had an average growth rate of 214 percent and, in 2019 alone, they employed more than 48,000 people and added nearly $9 billion to the NYC Metro area economy. Companies based in Stamford, Connecticut, New York City, and central New Jersey brought in the highest revenue overall.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 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