News: Brokerage

Smith of Smith Commercial releases seventh book

Edward Smith, Jr., Smith Commercial Real Estate Edward Smith, Jr., Smith Commercial Real Estate

Cambridge, NY Edward Smith, Jr., CREI, ITI, CIC, GREEN, MICP, CNE of Smith Commercial Real Estate has released his seventh book. This latest book on investing is a timely look at real estate today. Smith has been in the real estate business for over 40 years and has lived through several real estate cycles, and the booms and crises of our economy. Now, as we come out of the latest financial crises, it is a great time to invest in real estate.

This book examines what has happened to the real estate market over the last 10 years, the financial crises endured, and the solutions for the future. It will give the reader  guidance to making sound investment decisions, understanding the opportunities, financial requirements and the “numbers.”

“Real Estate Investments: What you need to Know,” was written to help new and experienced investors, and real estate agents to understand the simplicity and complexity of investing in real estate. It will define the terms, concepts and formulas you should know, and will examine the benefits and potential problems of real estate investments. A number of years ago, Smith wrote another book on investing, but since the real estate industry is constantly changing, he felt a new updated and expanded look at real estate opportunities today was needed.

Cover, “Real Estate Investments: What you need to Know,” by Edward Smith Cover, “Real Estate Investments: What you need to Know,” by Edward Smith

This book will look at recent market history, investment basics, buying property, financial analysis, financing today, owning property, being a landlord, selling property, capital gains taxes and alternatives. It will specifically examine recent changes in the market, new laws, tax changes (good and bad), green buildings, leasing and much more will be explored.

Smith is a real estate broker in CT and NY specializing in commercial and investment properties. He has authored six other books on commercial and investment real estate and writes a monthly column, “The Commercial Classroom,” for the New York Real Estate Journal. He also is a real estate instructor, having developed over a dozen continuing education courses including the Commercial Investment Real Estate Certification Program.

“Real Estate Investments: What you need to Know” is available on Amazon.com.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 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.
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 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