News: Brokerage

Lechtman selected as eastern director, NOIPG by Marcus & Millichap

Marcus & Millichap Real Estate Investment Services has named Rick Lechtman as eastern director, national office and industrial properties group (NOIPG). He is based in the firm's N.Y.C. office, reporting to managing director Alan Pontius who oversees NOIPG. "Rick brings extensive knowledge and a broad-based experience to our team," said Pontius. "He has been actively engaged in the real estate capital markets arena, representing institutional, middle market and private clients in a variety of asset types. His background and industry presence make him ideally suited for this role." In his new post, Lechtman is charged with growing and developing the firm's expanding office and industrial investment sales team for 12 offices from Boston to south Florida. He is also responsible for aligning and supporting the firm's national strategic growth initiatives in the region. Prior to joining Marcus & Millichap, Lechtman served as managing director for the Ackman-Ziff Real Estate Group. His responsibilities included sourcing, underwriting, structuring and originating commercial real estate debt and equity. Lechtman holds a bachelor of arts in Political Economy from Tulane University and an Advanced Professional Certificate in Real Estate from The New York University Real Estate Institute.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their