News: Brokerage

Stegner, Cashimere and Surry of CB Richard Ellis negotiate 12,000 s/f

The team of Shana Stegner and Sarah Cashimere of CB Richard Ellis|Buffalo and Bruce Surry of CB Richard Ellis|New York City were the exclusive representatives for The Special Funds Conservation Committee's office relocation. After an extensive site search in the City of Buffalo and the surrounding suburbs, the CBRE team assisted Special Funds in the negotiations of a long-term lease at Appletree Business Park. The Special Funds Conservation Committee deals within the New York claims environment and will occupy approximately 12,000 s/f at Appletree Business Park. Appletree Business Park fits all of the criteria important to Special Funds and will occupy the space in the fall of this year. Tom Dickinson, district regional manager said, "All of the employees at Special Funds are looking forward to moving to our new office. It was a pleasure working with the CBRE team. They were very helpful in every aspect of our relocation." McGuire Development represented the ownership of the property, Appletree Realty Holdings, LLC, and handled the lease negotiations on their behalf.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
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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