News: Brokerage

MJ Peterson expands with Broderick, Heller, Fix, Sidor and Scavulli

Amherst, NY MJ Peterson has recently hired several new employees.

Patrick Broderick, licensed associate real estate broker, has joined MJ Peterson’s commercial division. Broderick brings his extensive experience to the expanding commercial team.

Timothy Heller was hired as accounts receivable/accounts payable supervisor. In his new position, Heller will oversee the accounts payable process at MJ Peterson.

Ronald Fix joined MJ Peterson’s Property Management Division as the new maintenance and facilities director. Fix comes with several years of experience in a similar capacity at another real estate company.

Jean Sidor returned to MJ Peterson after a short retirement. Sidor is now the property manager of Brewster Mews Apartments.

Samantha Scavulli is back with MJ Peterson as the property manager of Westchester Park Apartments. Scavulli was excited about rejoining the MJ Peterson team after pursuing opportunities elsewhere.

“All of our sales associates and employees have helped to make MJ Peterson the successful family-owned business that it is today,” said Victor  Peterson, III, president of MJ Peterson. “Our recent staffing changes will help take our company to the next level, so that we can further our growth.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,