News: Brokerage

Meet the NYSCAR Member - Simonds

Eric Simonds, CCIM, joined Conley Associates in 2002. As a senior consultant, he provides a wide range of tenant representation services to clients. He assists the client establish their real estate objectives, performs programming studies, facility reviews, market analysis, financial analysis, site selection and contract negotiation. He possesses outstanding economic and analytical skills. These skills combined with his strong work ethic help Simonds achieve the greatest results for his clients. Simonds came to Conley Associates with a strong financial background. He had held positions as a senior accountant as well as an assistant business manager for his previous employers. He attended the State University of New York at Cortland where he earned a Bachelor of Science degree in Economics. He is currently enrolled in the Master's program at SUNY Albany. Upon graduation he will have his M.A. in economics with a concentration in economic forecasting. In October 2006, Simonds earned his CCIM (Certified Commercial Investment Member) designation. A CCIM is a recognized expert in the field of commercial real estate. Less than 7 percent of the estimated 125,000 commercial real estate practitioners in North America hold the CCIM designation. Eric Simonds, CCIM * Conley Associates 1194 Washington Ave., Albany, N.Y. 12210 Tel: (518) 463-5500 * Fax: (518) 626-0193 www.conleyassociates.biz
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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
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