News: Brokerage

Shragaei of GFI secures $1.95 million sale of 255 Himrod St.

GFI Realty Services, Inc. arranged the sale of 255 Himrod St., a vacant fully renovated three-story walk up apartment building located in the Bushwick section of Brooklyn for $1.95 million or $325k per unit. This multi-family property consists of six apartments. The property was constructed in 1931. Daniel Shragaei, an associate director of GFI Realty Services, represented both the buyer and seller. The buyer and seller are both local investors. "It was a sensitive deal with complicated terms that required a discerning investor," Shragaei said. "Our first call was to a buyer who delivered a signed contract with a hard deposit to the seller's office within 24 hours." The property is located in close proximity to Myrtle Avenue, a major commercial corridor, and a few blocks from the L train.
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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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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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

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A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

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