News: Brokerage

Professional Profile: David Shorenstein 2015

Name: David Shorenstein Title: Principal Company: Silvershore Properties Location: New York, NY Birthplace: New York, NY Education: BS Finance from NYU Stern School of Business First job outside of real estate: Purchasing for electrical contracting company First job in real estate or allied field: Investment sales broker What do you do now and what are you planning for the future? We are a multifamily owner that owns 70 properties in New York City, most of them in Brooklyn, and we plan to acquire more this year, to over 100 properties. How do you unwind from a busy day in real estate? I watch sports and work out four days a week. Favorite book or author: "Art of the Deal" by Donald Trump Favorite movie: "Goodfellas" Last song you downloaded? "The Motto" by Drake One word to describe your work environment: Energetic Rules to live by in business: You get out of life, what you put into it. If you could invite one person to dinner (living or dead) who would it be and where would you go? I would invite Warren Buffett to Rao's. What is your dream job? I am doing it now everyday!
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Columns and Thought Leadership
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
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.
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,