News: Brokerage

Robert Berkey III 2012

Name: Robert Berkey III Title: Chief Operation Officer Company: Cushman & Wakefield/Pyramid Brokerage Co. Location: 10 offices throughout Upstate, NY including Albany, Buffalo, Binghamton, Corning, Hudson Valley, Ithaca, Rochester, Syracuse, Utica, Watertown Place of birth: Presque Isle, Maine Family: Wife Ginger, 5 children, 7 grandchildren College: SUNY Delhi First job unrelated to your current field: Sales of energy products First job in your current field: Vice president of operations What your firm does now and its plans for the future? Full service commercial real estate firm with 10 offices across Upstate, NY. Future plans are aggressive growth. Hobbies: Traveling, Boating Favorite film: "A Few Good Men" Favorite novel: "Made in America, The Sam Walton Story" Keys to success: Attitude, hard work, persistence and appreciation of people Person you admire most (outside of the family): John Clark If you had to choose a different profession, what would it be? Unsure...Love the real estate business.
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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,

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.
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