News: Brokerage

Thomas named director at Colliers ABR, Inc.

According to Colliers ABR, Inc., Eric Thomas has joined the firm as a director. "We are pleased to have Eric join the team at Colliers ABR at such a pivotal time in the history of the company, as well as the real estate market," said Richard Bernstein, vice chairman at Colliers ABR. "In addition to being an authority in the N.Y.C. marketplace, Eric's expertise also reaches beyond Manhattan. His understanding of business and financial drivers enables him to create occupancy solutions that support a companies' overall business objectives." After nine years in the commercial real estate industry, Thomas has been directly involved in more than $300 million of leasing and structured finance transactions. He has handled all aspects of the transaction, from business development to process management and has provided strategic business solutions to companies throughout the U.S. "I am thrilled to be joining the Colliers ABR team," said Thomas. "This opportunity will also allow me to expand my knowledge of the current real estate market." Thomas graduated cum laude and holds a BA from Skidmore College in Government with a concentration in Finance. Thomas is an active member in various charities including the Modern Museum of Art (MOMA) and The Whitney Museum.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

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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,

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