News:
Brokerage
Posted: July 16, 2012
Michael Licata 2012
Name: Michael Licata
Title: Director, Business Development
Company: TM Montante Development Corp.
Location: Tonawanda, NY
College: BS, Business Management, SUNY Buffalo
Family: Wife, three daughters
First job unrelated to your current field: Lifeguard
First job in current field: Business manager, economic development
What your firm does now and its plans for the future? Commercial real estate and solar project development are both our current and future areas for growth.
Hobbies: Golf, fencing, sailing, and scuba diving.
Favorite Film: "The Quiet Man"
Favorite Novel: "Lamb, The Gospel according to Biff" by Christopher Moore
Keys to success: Not fearing failure, ability to adapt quickly
Person(s) you most admire (outside of family): Ernest Shackleton
If you had to choose a different profession, what would it be? Fighter pilot
Tags:
Brokerage
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.
.jpg)
Quick Hits
.gif)
Columns and Thought Leadership
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.
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.
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
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
.gif)