News: Brokerage

Professional Profile: Franklin Pimentel, 2014

Name: Franklin Pimentel Title: Leasing Consultant Company: AvalonBay Communities, Inc. Location: Westchester, N.Y. Birthplace: Bronx, N.Y. Education: AS. Marketing SUNY WCC, Economics CUNY LEHMAN COLLEGE First job outside of real estate: Prior to entering the real estate industry, I worked as a banker/financial advisor for JPMorgan Chase Investment Services Corp. First job in real estate or allied field: Leasing consultant What do you do now and what are you planning for the future? I handle all aspects of leasing for a national luxury apartment property manager. In the future I plan to use my skills and resources to expand into commercial real estate leasing. How do you unwind from a busy day in real estate? Watching and playing sports, music, cooking. Favorite book or author: Any book by Malcolm Gladwell Favorite movie:"Hardball" or "Glengarry Glen Ross" Last song you downloaded? "T.K.O." by Justin Timberlake ft. J-Cole One word to describe your work environment: Motivating Rules to live by in business: Nothing supersedes hard work!
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Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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
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,