News: Brokerage

Shainbrown appointed vice president at McGuire Development

McGuire Development Company, a full-service development and brokerage firm, has appointed Danielle Eisen Shainbrown, Esq. as vice president. In this capacity, Shainbrown is responsible for assisting clients in creating and realizing their project visions; negotiating business deals and contracts from initial contact to project completion; leading negotiations on behalf of clients; developing and marketing real estate properties; investigating real estate opportunities; facilitating a team approach to real estate development; and ensuring a transparent process for each and every client. Shainbrown holds a bachelors of Business Administration with distinction from the University of Michigan Business School and a Juris Doctorate, cum laude from the State University of New York at Buffalo Law School. Prior to her appointment, Shainbrown worked as a corporate attorney at the law offices of Rupp, Baase, Pfalzgraf, Cunningham & Coppola LLC and as the associate director, real estate investment at The Benchmark Group. Shainbrown is a member of New York State Bar; United States District Court, Northern and Western Districts of New York; United States Bankruptcy Court, Western District of New York and the United States Court of Appeals for the Second Circuit. Shainbrown has earned the UB Law Faculty Award and the Birzon Prize in Clinical Legal Studies.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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.
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
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
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,