News: Brokerage

Nancy Ruddy 2009

Name: Nancy Ruddy Title: Founding Principal Company: CetraRuddy Location: 584 Broadway, New York, NY 10012 Birthplace and year: Newark, N.J., 1951 Family: Husband/partner: John Cetra; daughter: Andréa Cetra College: New York University, bachelor of arts in Architectural History; City College of New York, bachelor of architecture First job outside of real estate: Gas station attendant First job in real estate of allied field: Perkins + Will What do you do now and what are you planning for the future? I run an architecture and interior design firm committed to the craft of inspired design. I plan to continue to create meaningful projects, to mentor the great talent at CetraRuddy and have a great time accomplishing our mission. Hobbies: My daughter, Andréa Favorite novel: "O Pioneers" by Willa Cather. Persons you admire most (outside of family): Georgia O'Keefe, Maya Angelou, Eleanor Roosevelt Key to success: Passion for everything I touch If you had to choose another vocation what would it be? Gardener
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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.