News: Brokerage

Rochester AIA holds "Girls in Architecture" workshop; For 42 area girls in senior girl scout troop 60206

42 area fourth and fifth grade girls attended a hands-on workshop entitled "Girls in Architecture" at Holy Trinity Church. The event was co-sponsored by the Rochester AIA's Women in Architecture Committee and Senior Girl Scout Troup 60206. The girls got to try their hand at structure building while learning about columns, beams, and loading. Their designs were subsequently put to the test, with the winner supporting ten juice boxes! They also designed a house floor plan, learned about perspective drawing, as well as shapes, drawing materials and shading. There were prizes awarded for identifying "World Famous Buildings," and a drawing was held for a "Barbie-Architect" doll. In addition, the senior scouts presented a segment on body image, self-esteem, and the unlimited career opportunities available to women today. Based on the response to the program, the AIA Rochester Women in Architecture Committee plan on making this an annual event.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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