News: Brokerage

Real Estate Storefronts Transform into Social Touch Screen Portals

After over 18 months of research and development, Live Open House is proud to announce the official launch of LOH Vision. The new technology is a marriage between touch screen hardware and intuitive software; transforming ordinary storefront windows into social platforms. Potential clients are able to view videos/photos, agent profiles, utilize interactive maps, explore nearby attractions, perform comprehensive property searches, absorb real time news, and even connect with the company via Facebook and Twitter. The broker can then track all of the client activity through the full suite of detailed analytic software. According to Vernon Jones, the CEO of Live Open House, "the goal of the product is to organically maximize sales for brokerages by focusing on the hyper-local market." Shane Neil, a Rapid Realty broker in the West Village, was able to secure nine new commercial listings and over 22 walk-in clients during the beta-test process. Agents and brokers have been quoted saying that the product is "taking it to another level" and exclaiming, "The future has arrived!" The technology will be unveiled on Thursday June 28th at Open House Lounge, located in the Lower East Side section of Manhattan. It will also be showcased at LOHO Realty, located at 397 Grand Street, New York, NY 10002. Launch Event Details: Location: Open House Bar and Lounge, 244 E. Houston St., New York, NY 10002 Date/Time: Thursday, June 28th, 2012 - 7:30pm - 11pm What to Expect: Exclusive product presentation, quality networking, and full bar View their promo video at: http://youtu.be/jS8F9leqLJc
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Columns and Thought Leadership
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
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 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.