News: Brokerage

Professional Profile: Michael Hoffenberg, 2013

Name: Michael Hoffenberg Title: Founder & Managing Principal Company: Trevian Capital Location: New York, N.Y. and Chicago, IL Birthplace: Evanston, IL Education: New York University, M.S. in Real Estate & Finance and Indiana University, B.S. in Real Estate & Finance at the Kelley School of Business First job outside of real estate: Summer tennis instructor First job in real estate or allied field: Mortgage banker/broker What do you do now and what are you planning for the future? Trevian Capital is a direct lender that provides flexible and reliable short-term bridge loans for commercial real estate opportunities nationwide with a focus east of the Rockies (specifically the New York Metro market and the Midwest). We provide quick financing for acquisitions, re-financings and re-capitalizations on the following types of transactions: Time constrained, bridge to stabilization, discounted payoffs, note financing, opportunistic purchase, partnership buyout, a "story" deal and bridge to Fannie/Freddie/FHA. Trevian Capital plans to become the preferred middle market bridge lender east of the Rockies for situational and/or time of the essence financing needs. How do you unwind from a busy day in real estate? Nothing better than an hour or two of pick-up basketball. Favorite book or author: Michael Lewis Favorite movie: "Good Will Hunting" Last song you downloaded? "Yellow Ledbetter" - Pearl Jam One word to describe your work environment: Entrepreneurial Rules to live by in business: The harder you work, the luckier you get. If you could invite one person to dinner (living or dead) who would it be and where would you go? John F. Kennedy. I would let him pick the restaurant. What is your dream job? Point Guard in the NBA
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,