News: Brokerage

Professional Profile: Dov Zabrowsky, Director of Structured Finance, Eastern Union Funding

Name: Dov Zabrowsky Title: Director of Structured Finance Company: Eastern Union Funding Location: Howell, N.J. Birthplace: Queens, N.Y. First job outside of real estate: Partner in a high-end electronics retail store in N.J. First job in real estate or allied field: When I started as a mortgage broker for Eastern, I was faced with deluge of deals that I was able to close quickly, start to finish, in a short period of time. I made tweaks to speed up the deal flow process and that served as a springboard into something even bigger and even more efficient. What do you do now and what are you planning for the future? Right now I'm simultaneously working with my client base, keeping it growing, and structuring finance solutions for some of the company's tougher deals. My goal is the continued growth of structured finance via new relationships, and to grow my personal client base. How do you unwind from a busy day in real estate? My day does not end. Favorite book or author: "Different Seasons" by Stephen King Favorite movie: "The Godfather Part 1" One word to describe your work environment: Thought-provoking Rules to live by in business: Honesty. The tricky deals that end up falling through the cracks can usually be traced to a borrower who was not as forthcoming as they could have been. The more upfront you are with the lender, the higher execution rate will be. What is your dream job? I'm living it.
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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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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
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.