News: Brokerage

Timour Shafran 2012

Name: Timour Shafran Title: Managing Partner Company: Citicore Location: New York, NY Birthplace: New York, NY Family: Married with two young children College: CW Post First job outside of real estate: Bartender First job in real estate or allied field: Citicore, when it was originally opened by my father in the late 70's through early 80's What do you do now and what are you planning for the future? As managing partner at Citicore, a full-service investment property sales firm specializing in the NY Metro area, I broker and oversee the brokerage of investment grade properties...As for the future, I'm bent on world domination. Hobbies: Off-road driving and all kinds of music Favorite book: "The Painted Bird" by Jerzy Kosinski Favorite movie: "Breakfast at Tiffany's" Keys to success: An unreal amount of tenacity. Person(s) you most admire (outside of family): Any immigrant who comes to this country with nothing and makes a success of themselves, proving the American Dream lives on. If you had to choose another vocation, what would it be? Staycationing bartender at a beach resort!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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
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.
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