News: Brokerage

Meet the NYSCAR Members - Rein

Douglas Rein, ABR, GRI, SRES is a broker/owner at Team Rein. He holds a degree in Criminology and worked in Retail Security and Law Enforcement. Rein was honorably discharged from the United States Marine Corps in 1977. In 1980 he returned to school and received his bachelors in Business from Binghamton University in 1981. He has conducted sales and marketing training and appeared in corporate training and motivational films, which were produced in the company's N.Y.C. studios. The first 15 years of his business was focused on property management. In 1987, Mr. Rein obtained his Associate Salesperson License and began offering his services to the public in 1998, when Team Rein became a trade name broker. In addition to being Principal Broker of Team Rein Real Estate, Mr. Rein serves as Vice President of the Board of Directors of Cape Winds Resort, where his firm has made an investment in Florida's "space coast". He is also President of the Southern Tier chapter of the New York State Commercial Association of Realtors (NYSCAR), serves on the Board of Governors of NYSCAR at the state level, holds a NYS Real Estate Instructor License and is a graduate of the Realtor Institute. He is also a member of the Real Estate Buyer Agency Council (REBAC), and holds the Senior Real Estate Specialist designation. Mr. Rein and his team's experience in acquiring investment homes and commercial properties has served them well in aiding both Buyers and Sellers alike in their need to come to a meeting of the minds in a real estate transaction. Their deep roots and considerable investment in the community, have given them a unique insight into what it is that makes the Southern Tier a great place to live and work. Their relationships with over one thousand past and present tenants have helped to keep them in touch with the community on a grass roots level. In addition to Real Estate, Mr. Rein is involved in classic autos, vintage motorcycles, music and guitars. He enjoys Florida and California as much as his own back yard, where he does his own landscaping and mowing.
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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 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.
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,