News: Brokerage

Saperston of Saperston R.E. brokers $685,000 sale of 27,000 s/f building

A 27,000 s/f building at 150 Bud Mil Dr. was recently sold by AccuMED Technologies to Imperial Textiles for $685,000. AccuMED, a global manufacturer and supplier of high-tech fabrics and fabricated soft good products, has moved to an adjacent 40,000 s/f building at 160 Bud Mil Dr. Howard Saperston, Jr., SIOR, chairman of Saperston Real Estate represented AccuMed and Gunner Tronolone of MJ Peterson represented Imperial. Imperial was founded 1998 by brothers Rick and Bill Puglisi and has grown to 30 employees. The company supplies uniforms, linens and other textiles to restaurants, hotels, nursing homes and hospitals. They are moving from smaller rented space at 235 Elm St. Imperial expects to hire five new employees.
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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
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.
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