Christopher Schlank, founder and managing partner of Savanna, a private equity firm an asset management company, was the featured speaker at October's Young Men's/Women's Real Estate Association's (YM/WREA) monthly luncheon.
Schlank discussed Savanna's various recent real estate acquisitions, properties situated in city neighborhoods including the Garment Center and Lower Manhattan and he also explained the firm's investment strategies, focused on acquiring solid cash-flow producing properties with long-term financial upside.
Shown seated (from left) are: David Berke, vice chairman; Schlank; Brandl Frey, chairman; and Stephen Gordon, secretary. Shown seated (from left) are: Glenn Tolchin, governor; Michael Rudder, governor; Andrew Lazarus, treasurer; Lindsay Ornstein, membership; John Pavone, governor.
Established in 1948, with a membership totaling approximately 394, YM/WREA promotes greater understanding and knowledge of the real estate industry among its constituents through its monthly luncheons and wide variety of philanthropic activities including New York Cares, Central Park Clean-Up Day, an Annual Blood Drive, among others, in addition to many social functions.
Hauppauge, NY NAI Long Island, an affiliate of NAI Global, has achieved 100% occupancy at two Suffolk County office properties, totaling 50,689 s/f. These exclusive landlord leasing assignments involved 207
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,
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their