News: Brokerage

Professional Profile: Carmel Caramagna 2015

Name: Carmel Caramagna Title: SVP, Director - Commercial Title Insurance Division Company: Westcor Land Title Insurance Company Location: 488 Madison Ave., Suite 1100, New York, NY 10022 Birthplace: Paterson, NJ Education: BA - Rutgers University; JD-Western New England University. First job outside of real estate: Billing supervisor for a roofing supply company. First job in real estate or allied field: Examiner, Lawyers Title Insurance Co. What do you do now and what are you planning for the future? I run the New York City office and the new division that focuses on expanding Westcor's national commercial program. How do you unwind from a busy day in real estate? Dinner with friends and shopping. Favorite book or author: Jeffrey Archer Favorite movie: "The Godfather, Part II" Last song you downloaded? "Love Runs Out" by One Republic One word to describe your work environment: Organized Rules to live by in business: Communicate, communicate and communicate. If you could invite one person to dinner (living or dead) who would it be and where would you go? Being a Giants fan, right now that honor would go to Jason Pierre Paul. I would go anywhere just to hear the answer. What is your dream job? This is my dream job!
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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,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their