News: Brokerage

Thru the Lens: State of Israel Bonds honors Jacob of Glenwood Management

The State of Israel Bonds' Real Estate and Construction Division paid tribute to Gary Jacob, executive vice president, Glenwood Management, and honored the respected industry leader with the Israel Peace Medal. Well over 400 guests attended the annual testimonial luncheon, hosted in the Pierre ballroom. Attendees helped raise more than $60 million in bonds for the State of Israel. In his role at Glenwood, one of New York City's largest and most established owners/managers of luxury rental properties, Mr. Jacob advises on the acquisition, construction and financing of Glenwood buildings. He is also very much involved in industry planning and policy-making as the Vice President of the Rent Stabilization Association and an Executive Vice President of the Associated Builders and Owners of New York. In addition, he is the co-chairman of the Housing Committee of the Real Estate Board of New York. State of Israel Bonds/Development Corporation for Israel is an international organization offering securities issued by the government of Israel. Since the first bond was sold in 1951, Israel Bonds has secured more than $22 billion in investment capital to develop Israel's economy and has maintained a perfect record on the payment of principal and interest on every security it has issued.
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Columns and Thought Leadership
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
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.
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,