News: Long Island

Milbrook Properties celebrates 75 years in commercial real estate

Milbrook Properties, Ltd., a commercial real estate company headquartered in Nassau County, Long Island, has just announced its 75th business anniversary. They will be celebrating this achievement at a gala cocktail event at Cipriani 23rd St. restaurant in New York City on October 23. The company currently owns and operates approximately 80 retail, office and multifamily residential properties along the East Coast. Milbrook is a family-owned and operated organization, whose first acquisitions date back to the early 1930s. Milbrook Properties Ltd. contributes much of its long-standing success to its exceptional management team. Its financial stability, experienced maintenance, legal and technology teams, provide 24/7 supervision to all its operations. The 75th anniversary of Milbrook's operations celebrates not only its past achievement but its current successes. In 2008 alone, the company has acquired over 1.1 million s/f of property, bringing its total assets to almost $1 billion. For four generations, Milbrook's unusual record of success and its vision for the future create endless exciting possibilities and continued growth.
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.