News: Brokerage

McGuire Development retained to market 32,907 s/f Kadimah School

Vito Picone of McGuire Development Company's real estate services group, has been retained to market and broker the 32,907 s/f Kadimah School located at 1085 Eggert Rd. The building sits on 5 acres and features more than $5 million in recent renovations. It includes 316 ft. of frontage, ample off-street parking, a bus loop, athletic fields, state-of-the-art mechanicals, spacious room sizes and an excellent floor plan. The site is located just minutes from the University at Buffalo's South Campus and Amherst/Buffalo amenities. "This property makes for an excellent existing or reuse opportunity," said Picone, director of business development for McGuire Development Company. "The facility is in impeccable condition with numerous upgrades and finishes. What makes this site unique is that it's difficult to find a property of this type in Amherst that offers such desirable square footage, acreage and an overall excellent condition." McGuire Development Company's full spectrum of services is focused around its signature Transparent process. This includes clear, open dialogue with current and potential clients regarding all aspects of a business transaction, a practice that actively challenges the industry's status quo.
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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

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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,