News: Brokerage

TTL: Spring Preview at Fordham Hill Oval

The Fordham Hill Owners Corporation Board of Directors, along with its management company Argo Real Estate, recently hosted the Spring Preview at Fordham Hill Oval. Shareholders and residents of the community were invited for a first look at near-completed, major renovations of building entryways including the expansion of the vestibule; handicap accessible ramps; digital directories; heating pads under the cement, eliminating the need for salt in the winters; and key FOB entrances. These thoughtful renovations are part of Fordham Hill Board of Director's ongoing "Capital Restructuring and Going Green" projects. Shown (from left) are: Sherwood Condé, owner and principal at Condé Construction; Alex Scott, Condé Construction project manager; Desiree Pilgrim-Hunter, president and CEO of the Fordham Hill Owners Corporation Board of Directors; Richelle Neufville, Argo Real Estate senior property manager at Fordham Hill Oval; Barry Brandt, director of sales at Argo Residential; and Joe Foster, licensed associate broker at Argo Residential & exclusive broker for Fordham Hill Oval.
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Columns and Thought Leadership
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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,
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
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