News: Brokerage

Sterling American Prop. appoints Ash to vice president of acquisitions

According to Sterling American Property Inc., David Ash has joined the firm as vice president of acquisitions & dispositions for Sterling American Property Funds. Ash will be located at 120 Montgomery St., Suite 1709. Ash's responsibilities will include sourcing new investments, as well as joint venture relationship opportunities in the western U.S. His focus will be on Orange County, Los Angeles, San Francisco Bay Area and Seattle. Prior to joining Sterling American, Ash was a managing director in Eastdil Secured's San Francisco office. Ash was involved in the sale or financing of 50 transactions in all property types totaling nearly $7.5 billion during his tenure. Ash graduated Phi Beta Kappa and magna cum laude from UCLA with a bachelor's degree in Economics. He earned his Masters and B.A. degree in Real Estate Finance at The Wharton School, University of Penn.
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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
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
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.