News: Brokerage

Seelig of Meister Seelig & Fein honored by Young Jewish Professionals

Mark Seelig, of Meister Seelig & Fein, LLP received the "Multifamily Entrepreneur Award," which was presented by the Young Jewish Professionals at its annual Real Estate Investment Summit which was held at the Chelsea Pearl on October 6. The evening was chaired by Orin Wilf (president, Skyline Developers) David Blumenfeld (Blumenfeld Development Group), Henry Justin (CEO, HJ Development), Ivan Kaufman (CEO, Arbor Realty Trust) and Miki Naftali (CEO and president, El Ad Properties). Seelig accepted the award on behalf of himself and his brother, Adam Seelig, his partner in Eagle Rock Management LLC. He is a co-owner and founder of Eagle Rock, Eagle Rock Retail LLC, as well as Meister Seelig & Fein, LLP. Eagle Rock owns and manages over 20 garden apartment communities on Long Island, comprising approximately twenty four hundred apartments and valued at several hundreds of millions of dollars. To date, Eagle Rock has built an impressive portfolio with the confidence of private investors and the strong support of local lender partners. Eagle Rock Retail is one of the fastest growing retail brokerage and development firms in New England with nearly one and one half million square feet of retail space signed up in just the past six months.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.