News: Brokerage

Meet the leadership of the NYCREW Network: Christine Chipurnoi

Christine Chipurnoi, MS, CPCU, RPLU, is senior vice president-risk management service at Wells Fargo Insurance Services. She joined Wells Fargo in 2002 after a successful career in insurance brokerage management with a substantial Long Island firm. She has over 25 years experience in large line property, casualty, and loss sensitive insurance programs with special expertise in construction/development and real estate companies. She also has significant expertise in financial products such as various types of professional liability, employment practices liability, directors & officers liability, fiduciary, technology/cyber, environmental and crime coverages. Chipurnoi has been instrumental in developing, placing and maintaining insurance programs for regional, national and international clients her entire career. Chipurnoi is responsible for the Wells Fargo Cross Sale Initiative with the various real estate groups of the bank. She is also an active member of Wells Fargo Insurance Services Real Estate & Construction Practice the Global Resource Team, Wells Fargo Insurance Services Security Committee and the National Retail Practice Group. Chipurnoi is an executive board member and secretary for the New York Commercial Real Estate Women Network (NYCREW) and is active on their membership and communications committees. NYCREW is an organization that focuses on advancing the success of women in commercial real estate fields through outreach, mentoring, networking and professional development. Chipurnoi also serves on the executive board of directors of the Insurance Brokers Association of New York (IBANY), as the executive vice president. In 2012, she will become IBANY's first female president in over 110 years. Run by a board of volunteer brokers, IBANY represents the interests of New York's leading commercial insurance producers and works to ensure that brokers' voices are heard. The Association's professional development efforts also include frequent interaction with insurance company leaders and other industry experts
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Columns and Thought Leadership
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

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
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,

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