Question of the Month: How has the use of social networking technology helped you conduct business?
Larry Gruttemeyer, broker/owner of Foresite Realty Advisors-LI, Lindenhurst, N.Y.:
"LinkedIn is where I was introduced to the CEO's of ARGUS Software and RIISnet.com. Currently we are one of the first brokers in the country utilizing ADAPT - the ARGUS Distressed Asset Platform & Technology powered by RIISnet. ADAPT, through the patented innovations of RIISnet, enables distressed asset fiduciaries, within minutes and with total anonymity and password protected entry, to: Triage toxic assets, prepare them for sale, determine highest and best use, project an asset's or portfolio's current and future health, determine real-time current and future pricing, and instantly and confidentially align supply with national qualified buyers currently looking to acquire specific assets or portfolios. The ability to get on the front edge of the future of this market changing platform is directly attributed to social networking."
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.