News: Brokerage

NAI Platform hosts CIREB's October marketing session

NAI Platform featured Mill Creek Office Park to be built on Rte. 4. The planned PDD, to be constructed by the award-winning U.W. Marx Construction Co., will consist of several buildings for a total of over 400,000 s/f of office/flex space in a beautiful park like setting. Situated just minutes from I-90, the Park offers easy access to major highways and high visibility with approximately 80,000 cars a day. The Rensselaer County IDA has expressed a strong interest to assist all projects with substantial job creation. For more information visit www.naiplatform.com Linda Hillman, president of the Rensselaer County Regional Chamber of Commerce, appointed by Governor Cuomo to serve on the Capital Region Economic Development Council spoke to the members. The Capital Region EDC is one of ten regional chambers created by the governor to help drive regional and local development across the State for years to come.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.