News: Brokerage

Roohan Realty's commercial services division doubles sales in 2008: Rose by 118% to $21.5m

Total sales volume for Roohan Realty's commercial services division more than doubled in 2008 over the previous year. In 2008, commercial sales rose by 118% to $21.5 million as compared with $9.9 million in 2007. In addition, the overall number of commercial sales transactions increased by more than 50%. The Albany Business Review's recently published list of the largest Commercial Real Estate Firms ranked Roohan Realty's commercial services division at number eight in the Capital Region, moving up four positions from last year. According to this updated list, Roohan Realty's commercial services division showed one of the highest ranking gains and is now one of the largest commercial real estate firms in Saratoga County. Roohan Realty has been serving the community's residential and commercial property needs since 1969 and is celebrating its 40th anniversary. Located at 519 Broadway, Roohan Realty is one of the largest locally based and family-owned real estate companies in the area with over 50 professionally licensed agents. For further information, visit their website at www.roohanrealty.com.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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