News: Brokerage

Platinum Properties unveils four new initiatives for 2008

Following a successful 2007, Platinum Properties has unveiled four new business initiatives designed to accelerate its growth, broaden its client base and build on its unique niches. Among the creative undertakings are a new 24-hour concierge service, in-house direct lender, revamped website and international property management for individual condo owners. Platinum Properties will launch the Platinum Concierge, offering Manhattan buyers and renters 24-hour personalized service in which clients and prospective clients may call and speak with a member of Platinum's sales team on any housing related issue. The firm will expand its individualized services to clients through its restructured real estate management company, which will manage individual condo units for overseas buyers. As part of its service, Platinum will develop an effective marketing plan to rent out individual units throughout Manhattan, maximizing its international clients' investment. In addition to the management company, Platinum will also partner with Golden First Mortgage Corporation, a licensed mortgage banker with more than 25 years of experience. Over the next few months, the company will also unveil a new user-friendly website. Founded in 2005, Platinum Properties is a Wall Street-based real estate services firm with a steadily growing sales staff of over two dozen agents serving the Financial District and other sectors of the Manhattan real estate marketplace.
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Columns and Thought Leadership
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 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
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