News: Brokerage

Sunrise Management & Consulting named AMO of the year for 2009

Sunrise Management & Consulting has been named Accredited Management Organization (AMO) of the year for 2009 by the Institute of Real Estate Management Chapter 93 (IREM), an affiliate of the National Association of Realtors. The AMO accreditation is awarded to real estate firms that have a track record of high performance, experience, stability and financial accountability and have a Certified Property Manager (CPM) directing and supervising the real estate management team. In addition, AMO firms must abide by a rigorous Code of Professional Ethics that is strictly enforced by the Institute. Sunrise Management & Consulting (SM&C) was formed in 1998 and specialized in the property management of large apartment complexes, homeowner and condominium associations and commercial properties. Today Sunrise manages over 1500 units with a footprint from N.J. through Mass. SM&C is the publisher of the Sunrise Multifamily Rental Market Report covering New York, Connecticut, Rhode Island, Mass, Vermont, New Hampshire and Maine. The report, the first and only comprehensive analysis of this market segment in these regions, provides rental market information for use by property owners, managers and service industry personnel. SM&C is the creator of the Property Coach system for effective property management. SM&C is also the creator of the Property Gauge program for property operation evaluation and risk assessment.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.