News: Brokerage

Meet the BMNAR Member

Richard Guarino began his New York City Real Estate Career in 1999 at Extreme Realty. He was trained to broker deals at the young age, fiercely ambitious and incredibly personable, Guarino quickly soared to success and has since completed hundreds of transactions. After just 4 years, he was promoted to managing partner of Extreme Realty LLC. Extreme Realty in 2003 became one of the top 5 leading sales firms in N.Y.C. according to Costar. After years of active membership, the Bronx Manhattan North Association of Realtors (BMAR) elected Richard president in 2012. BMAR is a professional trade association officially representing the real estate industry since 1924 and is the local chapter for the New York State and National Association of Realtors. Richard is now trading investment property in the five boroughs with Friedman Roth Realty Services and became partner in 2014. To date, he has traded over a billion dollars' worth of real estate over his career. For many years Richard and his wife Jennifer have been volunteers and a supporter of animal rescue efforts in New York, and New Jersey. Richard Guarino * Friedman-Roth Realty Services, LLC 381 Park Avenue South - Suite 1001, New York, NY 10016 Phone: (646) 794-1488 * Email: [email protected]
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Columns and Thought Leadership
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.