News: Brokerage

Thornton Tomasetti promotes Fairbairn to vice president, human resources in New York office

The Thornton Tomasetti board of directors and managing principals announce the promotion of John Fairbairn to vice president, human resources in the firm's New York office. He has been with Thornton Tomasetti since 2005. Fairbairn has more than 25 years of experience in human resources with mid-size, multi-office firms in the financial services and international conservation fields. His responsibilities at Thornton Tomasetti include recruitment, employee relations, performance management, benefits administration, policy development and legal compliance. Fairbairn is a member of the Society for Human Resources Management. He holds a bachelor's degree in American studies from Middlebury College in Middlebury, VT., and a master's degree in public administration from the Robert F. Wagner School of Public Service at New York University.
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Columns and Thought Leadership
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
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,