News: Brokerage

Professional Profile: Michelle Keller, 2013

Name: Michelle Keller Title: Director of Risk Management Company: LeChase Construction Services, LLC Location: Rochester, NY Birthplace: Rochester, NY Education: Property & Casualty License, Life & Health License, Commercial Lines Coverage Specialist Designation (CLCS); working toward CIC and AAI designations. First job outside of real estate: Sales (in marketing field, and insurance industry) First job in real estate or allied field: Provided Risk Management Consulting services to construction industry. What do you do now and what are you planning for the future? My team assists LeChase in making smart business decisions regarding risks we face as an organization, and developing strategies to manage, transfer and reduce that risk. How do you unwind from a busy day in real estate? Hang out with my husband and son. Sometimes the unwinding part is just a lofty goal with an active 5 year old! Favorite book or author: There are so many I can't begin to pick a favorite! Favorite movie: "Heat" Last song you downloaded? I don't even remember. I'm a big iHeart Radio fan. One word to describe your work environment: Energized Rules to live by in business: 1. Integrity is doing things the right way, even when there is nobody watching and no one will find out. 2. Quality is not an act, but a habit. If you could invite one person to dinner (living or dead) who would it be and where would you go? Condoleeza Rice. Someplace with a great wine list! What is your dream job? The one I have now!!
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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,

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

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