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
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Columns and Thought Leadership
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.
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,