News: Brokerage

NAI Global signs Boise Partners as member firm

NAI Global has signed Boise Partners LLC as its exclusive member firm. The firm will now operate as NAI Pinnacle.NAI Pinnacle is a full-service commercial real estate firm offering leasing, tenant representation, investment services, acquisitions/dispositions, due diligence and related consulting and advisory services to its clients. The new firm was formed by members of the NAI Kowallis & Mackey brokerage team when Kowalis & Mackey exited the commercial brokerage business earlier this year to concentrate on other interests. "NAI Pinnacle's brokers have spent years developing relationships with quality local and regional clients while leveraging NAI's managed network to help their clients grow. We're thrilled to retain that talent and expertise in this new, re-energized venture. This team has the energy and resources to build a powerful new full service company that will serve the region and its clients very well," said David Blanchard, executive VP, NAI Global. "Our market has grown steadily in the last few years, and our challenge is to reach out to retailers and developers who are unaware of the opportunities that await them here," said Dennis Kelley, partner, NAI Pinnacle. "NAI Global's worldwide network provides us the platform to properly represent our market on a global scale."
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

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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,

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.
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 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