News: Brokerage

Meet the Upstate CCIM Chapter Members

Stephen Blake began his real estate career in 1980 in Toronto, Canada. Upon his move to Buffalo, Blake joined Comvest Consulting and is now a partner and the vice president of office/industrial properties for CB Richard Ellis - Buffalo. Specializing in tenant representation, Blake has extensive experience in industrial/office sales, leasing, and investment analysis. Stephen Blake, CCIM, CB Richard Ellis - Buffalo 3257 W. Genesee St., Ste. 160, Buffalo, N.Y. 14202 Phone: (716) 362-8707 Fax: (716) 855-3725 [email protected] www.cbre.com/buffalo Eric Simonds joined Conley Associates in 2002. As a consultant he provides a range of tenant representation services to clients. He assists the client establish real estate objectives, performs programming studies, facility reviews, market analysis, financial analysis, site selection and contract negotiation. He came to Conley Associates with a strong financial background. He attended the SUNY at Cortland where he earned a bachelor of science degree in Economics. He is enrolled in the master's program at SUNY Albany. Eric Simonds, CCIM, Conley Associates 194 Washington Ave., Ste. 620, Albany, NY 12210 Phone: (518) 463-5500 Fax: (518) 626-0193 [email protected] http://conleyassociates.biz
MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account