News: Brokerage

Professional Profile: James Casterton, 2013

Name: James Casterton Title: Chief Financial Officer Company: Cerami & Associates, Inc. Location: 404 Fifth Ave., New York, N.Y. 10018 Birthplace: Nottingham, England Education: University of Leeds, BA (Hons) Accounting and Finance - 1993-1996, Institute of Chartered Accounts of England & Wales, Qualified November, 1999 (first time passes). First job outside of real estate: Brebner Allen Trapp, trainee chartered accountant First job in real estate or allied field: WSP Group London, corporate finance manager What do you do now and what are you planning for the future? I am currently the chief financial officer at Cerami & Associates. As chief financial officer, I will work closely with the firm's leadership team to strategically grow and expand the firm's geographical reach and service offerings. How do you unwind from a busy day in real estate? Reading, cooking, watching Liverpool Football Club and New York Yankees. Favorite book or author: Books about Roman and Greek history Favorite movie: "Inception" Last song you downloaded? "Get Lucky" by Daft Punk One word to describe your work environment: Rewarding Rules to live by in business: A good work - life balance makes you more productive If you could invite one person to dinner (living or dead) who would it be and where would you go? Sir Winston Churchill, his home. What is your dream job? Chief financial officer of the New York Yankees
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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 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.
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
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