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Category: Spotlight Content
2023 Year in Review: Harold Bordwin, Keen-Summit Capital Partners LLC
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023?Despite the challenging market for office properties, we sold thirteen office buildings and a retail strip center, putting 260+ buyers under NDA and receiving eight qualified, irrevocable bids with deposits.
2023 Year in Review: Chuck Merritt, Merritt Environmental Consulting Corp.
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? Higher interest rates have been the market trend over the past 18 months that have impacted our business the most. The higher rates have led to a decrease in volume. In
2023 Year in Review: Jed Resnick, Douglaston Development
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Closing the acquisition of—and construction financing for—our $320 million project at 1057 Atlantic Ave., was a rare bright spot given current economic conditions. Upon completion,
2023 Year in Review: Matt Cosentino, TerraCRG
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My most notable transaction in 2023 was the sale of 180 Bainbridge St., one of my favorite
2023 Year in Review: Keyvan Ghaytanchi, BEB Capital
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The successful closure of our debt fund. Since then, our focus has been implementing our strategic plan, with the primary objective of providing our investors with attractive, risk-adjusted returns.
2023 Year in Review: Evan Fox, Grassi Advisory Group
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year?Unfortunately, or unsurprisingly, the answer here is likely Jerome Powell and Janet Yellen. The name of the game for 2023 has been “Interest Rates”, and the real estate and banking industries
2023 Year in Review: Brian Anderson, Progress Capital
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The Federal Reserve’s hiking policy. How has your career path changed in 2023? This is my first down cycle. 2023 has taught me more about myself and this business than the past five years combined!
2023 Year in Review: Francis Gorman III, Harris Beach PLLC
December 26, 2023
How has your career path changed in 2023? I spent most of 2023 as a real estate law partner with a national cannabis boutique law firm, sheparding cannabis real estate deals across the country. However, I missed working other asset classes and a wider variety of real estate development deals – e.g. retail
2023 Year in Review: Michael Montante, Uniland Development Company
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? We celebrated the opening of a spec industrial/warehouse at Renaissance Commerce Park in Lackawanna, NY. The 150,000 s/f facility is fully leased by out-of-town companies that are expanding here.
2023 Year in Review: Vincent Malizia, A-1 Roofing & Siding of L.I. Corp.
December 26, 2023
What emerging trends will drive investment and development in 2024? Local Law 97’s energy efficiency and sustainability mandates are driving the conversation. A well designed and installed, high R-value roof system can reduce your building’s energy consumption. By keeping your HVACR systems idle for longer, we create time
2023 Year in Review: Ian Bel Managing, Olive Tree Holdings
December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? This year, Olive Tree Affordable Housing, our affordable housing affiliate, expanded into North Carolina with the acquisition of The Life at Lakeside Villas, a 429-unit, affordable multifamily community located in Wilmington.
2023 Year in Review: Stuart Saft, Holland & Knight
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The combination of Higher interest rates, concern about New York’s ability to recover from the pandemic, exodus of residents/office workers, cost of migrants, increased cost of City/State capital repairs and Local Law 97
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