2022 Year in Review: Peter Vanderpool, Cignature Realty Associates Inc.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? The $34.5 million sale of 1520 Fulton Street was a city record in Brooklyn, at a time when most of the market had slowed.

2022 Year in Review: Andrew Kleinberg, Axiom Capital Corp.

What person, project, transaction or market trend had the greatest impact on your industry this year? Simple answer is rising interest rates and the speed in which it has happened.

2022 Year in Review: Chuck Merritt, Merritt Environmental

What person, project, transaction or market trend had the greatest impact on your industry this year? Rising interest rates have impacted our volume as many lenders retain our services when originating refinancing loans with borrowers.

2022 Year in Review: Lee Brodsky, BEB Capital

What emerging trends will drive investment and development in 2023? We expect there to be a tremendous opportunity for real estate investors who have liquidity to leverage the uncertainties in the capital markets environment for long-term benefit and wealth creation.

2022 Year in Review: Kenne Shepherd, K. Shepherd Interior Design Architecture

What person, project, transaction, or market trend had the greatest impact on your industry this year?  The return to in-person shopping has had the most significant impact on the retail market.

2022 Year in Review: Howard Stein, Certilman Balin Adler & Hyman, LLP

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? “The most notable deal that we closed this year was the sale of a 402 unit apartment complex in excess of $150 million that involved multiple parties with differing goals.

2022 Year in Review: Shallini Mehra, Meridian Investment Sales

What person, project, transaction or market trend had the greatest impact on your industry this year?  The multiple Fed’s interest rate hikes, which translate to 6.0-6.5% lending rates have put downward pressure on valuations, which were already negatively impacted by the HSTPA 2019 rent laws.

2022 Year in Review: Shimon Shkury, Ariel Property Advisors

What person, project, transaction or market trend had the greatest impact on your industry this year? No doubt the most significant trend was interest rate hikes, which started to impact activity in the commercial real estate market in the second half of the year.

2022 Year in Review: Peter Mulcahey, JRM Construction Management

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022?  JRM has made a significant investment in expanding our healthcare construction division’s capabilities in 2022, and it has been a tremendous year.

2022 Year in Review: David Katz, Global Security Group, Inc.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? Our fire/life safety division is run by the most qualified experts in the industry.  What matters even more to our clients is having similarly qualified personnel working with them onsite.