News: Brokerage

McDonnell of Ciminelli named to NAIOP Trends in R.E. Dev. II Forum

Robert McDonnell, VP of leasing at Ciminelli Development Co., Inc., has been named to the NAIOP Trends in Real Estate Development II Forum. He is the sole representative from NYS, and will serve a three-year term, participating in national forums on commercial real estate and development hosted annually by NAIOP. He has 14 years of experience in commercial real estate sales and leasing. He is a licensed real estate broker in NYS, is awaiting his broker's license in Penn., and is a candidate to receive accreditation as a Certified Commercial Investment Member (CCIM). NAIOP is a leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. NAIOP advocates for effective legislation on behalf of our members and advances responsible, sustainable development that creates jobs and enhances communities. Ciminelli Development owns, manages and has developed over 9 million s/f of office, warehouse, industrial, medical, and residential space in WNY, Fla., and Canada. Ciminelli Real Estate Corp., a division of Ciminelli Development, specializes in corporate real estate servicing. Ciminelli Real Estate Corp. offers its core competencies - including leasing, marketing and property management - to over 350 international, national, and local clients throughout the eastern United States and Canada.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,