News: Brokerage

McGuire Development Co. - A visionary leader in medical office development

Modern, unique, and most of all convenient - that's what you'll find at a number of one-stop medical facilities created throughout Western New York by McGuire Development Company. What makes the one-stop concept so exceptional is the mix of medically-focused tenants available in a single, convenient location. For example, the specialists at the Omni Pain & Wellness Center in Hamburg help patients treat and manage their pain through a variety of disciplines including a family practitioner, neurosurgeon, chiropractor, physical therapist and access to imaging services. Likewise, specialists at other McGuire developed medical complexes include multiple disciplines designed to create convenience and continuity for patients. When helping clients envision their medical office spaces, McGuire Development Company utilizes its signature transparent process which focuses on candid communication regarding costs, time frames and project involvement. This unique approach gives clients a focused understanding on what to expect without being blindsided by hidden costs or fees. McGuire Development's open book approach was embraced by doctors and business professionals who operate a number of Buffalo's premier practices including the Brain and Spine Center in Amherst, Omni Pain & Wellness Center in Hamburg, Williamsville Pediatrics in Williamsville, Lakeshore Family Medicine in Derby and Windsong Radiology Group in Williamsville. Currently, McGuire Development Company has plans for a medical office project located adjacent to Millard Suburban Hospital in Amherst. The 5.5 acre site offers a 45,000 s/f build-to-suit opportunity as well as existing space in an 18,000 s/f redeveloped facility. For more information on projects and brokerage properties, visit www.mcguiredevelopment.com.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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
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.