News: Brokerage

Napolitano joins Liberty Title Agency as CFO

According to Liberty Title Agency, LLC, Joseph Napolitano, CPA, has joined the company as chief financial officer. Napolitano brings more than 15 years of title and accounting expertise to his position at Liberty. Prior to joining Liberty Title, he was vice president and the New York area commercial controller for LandAmerica Financial Group. There, Napolitano developed programs to analyze the sales efforts in both the commercial and residential sectors. Napolitano served as the chairman of the audit committee of the N.Y. Mortgage Bankers Assoc., is a frequent guest speaker for the Union City Board of Education, and is a member of the American Institute of Public Accountants and the N.J. Society of Certified Public Accountants. He holds a B.S. degree in Accounting from St. Peter's College. The Liberty Title Agency family of companies was launched six years ago and today has offices in Manhattan, Uniondale, Southampton, Greenport, and Westchester, New York. The company recently passed $50 billion in closings. Liberty is trusted by the nation's most respected underwriters and is proud to count leading real estate developers, financial institutions, and other companies among their loyal client base.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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
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.