News: Brokerage

Professional Profile: Peter Matheos, 2014

Name: Peter Matheos Title: Senior Associate Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Brooklyn, N.Y. Education: Double major in Marketing/Management with minor in Finance - College of Staten Island. First job outside of real estate: Banking - Marathon Bank First job in real estate or allied field: TerraCRG, 2008 What do you do now and what are you planning for the future? Currently I am a senior associate at TerraCRG where I focus solely on commercial transactions in Brooklyn. I plan to grow within the company as we continue to dominate the Brooklyn market. How do you unwind from a busy day in real estate? Pour a glass of red wine and cook for friends and family. Favorite book or author: "Good to Great," Jim Collins Favorite movie: "Goodfellas" Last song you downloaded? "Happy" Pharrell Williams One word to describe your work environment: Exciting Rules to live by in business: I believe in building my business with honesty, which in turn creates strong and lasting relationships. If you could invite one person to dinner (living or dead) who would it be and where would you go? Steve Jobs is someone I really admire. I would love to take him to dinner at one of my favorite Italian restaurants, Il Mulino, and talk about his life and all that he had accomplished. What is your dream job? Believe it or not, I'm living my dream job. Having been born and raised in Brooklyn, it is exciting to see the changing landscape of my home. Knowing that I'm playing a role in the transformation of Brooklyn means so much, personally and professionally.
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Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.