News: Brokerage

SIOR celebrates 75th anniversary; Moves Diamond Scepter across the U.S., Canada, Europe and Mexico

New York, NY In celebration of SIOR’s 75th anniversary, SIOR chapters have been moving a Diamond Scepter (Torch) across the U.S., Canada, Europe and Mexico. The Diamond Scepter has been traveling  by all modes of transportation to showcase Local Chapters and  bring awareness to SIOR’S Anniversary and upcoming World Conference at The Sheraton New York Times Square; October 20th – 22nd. The SIOR Diamond Tour commenced on April 16, 2016 at the close of the SIOR Spring World Conference in San Diego.  The Torch made its way through the Western USA and Mexico and in June it travelled to London for a week.  Presently it is weaving its way through the East and into Canada.  Making its final destination in New York at The SIOR Fall World Conference on October 21, 2016. Registration for the World Conference is in excess of 1,100 SIOR Designees, the second highest attendance at a conference event in SIOR’s history.  With World Class speakers such as Rudy Giuliani and Tom Brokaw and numerous panels hi-lighting some of the top industry leaders in Brokerage, Development, Innovation Technology and issues impacting Global Real Estate Business, there is a good chance this will be the most attended SIOR Conference ever. In addition, there will be extraordinary networking opportunities with top Commercial Real Estate practitioners from the US, Canada and the ever growing list of International Brokers attending this truly global event. Thanks to Gabriel Silverstein, SIOR, of Angelic Real Estate, LLC, who is also president of the Local New York Chapter, of SIOR, the Torch was transported in his private plane from Philadelphia for a detour from its planned itinerary. This was done, so The Torch could be brought from Brooklyn Heights, over the Brooklyn Bridge and to The Freedom Tower Site in lower Manhattan. On the picture perfect afternoon of September 23rd Robert Hebron, SIOR and William O’Brien, SIOR had the opportunity to meet in Brooklyn and transport The Torch over the Iconic Brooklyn Bridge via bicycle and into lower Manhattan, ultimately ending up at the foot of The Freedom Tower and the  adjacent $4 Billion Oculus Hub Connection to Fulton Center. The adjoining 911 Memorial was not missed either, as both Robert and Bill paused with Bill’s brother Michael  O’Brien III, SIOR to remember the many families impacted by  The Terrorist Act that occurred, on this hollowed ground some 15 years prior.    
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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,

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