News: Brokerage

Professional Profile: Mark Jaccom, 2013

Name: Mark Jaccom Title: President & Managing Principal Company: Cresa New York Location: New York, N.Y. Birthplace: Bronx, N.Y. Education: City College of New York First job outside of real estate: My entire professional life has always been in real estate. My first job out of college was for TCN Worldwide on Long Island as a broker. First job in real estate or allied field: I began working exclusively in tenant representation in 1992 when I joined Studley. What do you do now and what are you planning for the future? I am currently president & managing principal of the N.Y. office of Cresa, the top tenant rep firm in the U.S., doing what I enjoy more than anything - representing tenants. For the future, I will continue to expand the business, bringing on more brokers and consultants. We now have 35 people in our office; by 2015, we should have close to 50. The 50 will be comprised of 30 tenant rep brokers, five capital markets brokers and 15 consultants. The consultant team will include a chief economist, CPA/financial analysts, workplace strategists, project managers and researchers and graphics design professionals. How do you unwind from a busy day in real estate? I'm an avid fly fisherman. This time of year you can find me in one of the local streams, practicing casting and hopefully catching some fish. I also love to cook. I start planning and preparing on Friday and usually cook various meals for 10-12 people over the weekend. Favorite book or author: "Undaunted Courage" Favorite movie: "A River Runs Through It" Last song you downloaded? I love rock and roll music so the last song I downloaded was "Gasoline Alley" (Rod Steward & Jeff Beck)
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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,