News: Brokerage

Knittel of Calamar receives Volunteer of the Year award from Boys & Girls Club

Harold Knittel of Calamar was awarded "Volunteer of the Year" by the Boys & Girls Club of the Northtowns. The Boys & Girls Club looks to inspire and enable all young people, especially those from disadvantaged circumstances, to realize their full potential as productive, caring and responsible citizens. Knittel has served on the board of directors for the past five years as well as serving as facilities chairman for five years. Knittel was recently honored at the Boys & Girls Club of the Northtowns annual dinner. "Harold is an exemplary individual who is responsible and involved in all our facilities projects. He consistently and continuously is there for us" said Sara Brockvescio, director of resource development for the Boys & Girls Club. "This is probably the most prestigious award I've ever received" Knittel said. "I've had the distinction of serving with a tremendous board and team that are dedicated to accomplishing any task. Giving back to the community is so rewarding and the kids inspire me." Calamar president Ken Franasiak said, "We are very proud of Harold. Giving of one's self is the greatest gift and Harold is to be commended for his outstanding commitment." Calamar is a full-service real estate firm comprised of construction, development, property management and finance & investment divisions for commercial and large-scale residential properties in the Northeast & Midwest regions. Calamar is headquartered in Wheatfield and has offices in Omaha, Neb., Miami, Fla., Woburn, Mass. and Niagara-on-the-Lake & Toronto, Ont.
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Columns and Thought Leadership
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 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,