News: Brokerage

SWBR wins NAIOP award for RIT MAGIC Spell Studios

Rochester, NY SWBR was recognized at the 2019 NAIOP Upstate New York Chapter Awards of Excellence ceremony for its design work on Rochester Institute of Technology’s MAGIC Spell Studios. Recognized with the Best Community Development Award, MAGIC Spell Studios is RIT’s center for media, arts, games, interaction and creativity. SWBR designed the facility with technology to create and commercialize computer gaming, film and animation, graphic design and imaging sciences projects. The studio provides students with an environment where they can launch their own companies in the city and is the first commercialization studio of its kind in the region.

The Commercial Real Estate Development Association’s NAIOP awards celebrate quality and innovative achievements of regional commercial real estate projects from the area. 

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Columns and Thought Leadership
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
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.
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.
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