News: Brokerage

RDDC to hold "Repositioning Rochester Series" event March 31 at Hyatt Regency

The Rochester Downtown Development Corp. (RDDC) will be holding a "Repositioning Rochester Series" event on Tuesday, March 31 from 11:45 a.m. to 1:30 p.m. The event will be held at the Hyatt Regency Rochester on 125 East Main St. in the grand ballroom. The event is titled "Economic Report: Early Barometers of Change." The panelists include: Jonathan Judge, president & CEO of PAYCHEX, Inc.; Jennifer Leonard, president and executive director of The Community Foundation; and Richard Deitz, officer & senior economist of the Federal Reserve Bank of New York. The lead sponsor for the event is Bergmann Associates. Reservations are required by March 26. For more information call (585) 546-6920 or email [email protected]. The cost for RDDC members is $40 and non-members are $45. The prices for a table of eight members is $320 and non-member tables are $360.
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Columns and Thought Leadership
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.
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
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
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,