News: Brokerage

The Young Jewish Professionals hosts a Real Estate Summit on March 20th

On Thursday March 20th, the Young Jewish Professionals (YJP) hosted a Real Estate Summit at the Chelsea Pearl, 121 West 19th St. David Lichtenstein CEO of Lightstone, Jeffrey Gural Chairman of Newmark, David Henry CEO of Kimco and Ron Sernau Co-Chair of RE for Proskauer spoke to a sold out crowd. Over 200 attendees enjoyed the panel discussion as well as networking, sushi bar, dinner, and top shelf open bar. Group Photo - Shown (from left) are: Andrew Barrocas, CEO of MNS; Shaya Lesches, director of YJP; David Lichtenstein, CEO of The Lightstone Group; Greg Corbin, managing director at Besen & Associates (and YJP real estate chairman); Ron Sernau, co-chair of the Real Estate Department at Proskauer; David Henry, CEO of Kimco; and Jeffrey Gural, chairman of Newmark Grubb Knight Frank.
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Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
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Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,