News: Brokerage

Urban Land Institute launches Western New York's Young Leaders Group

More than 60 young professionals from the local real estate industry gathered on September 10 to attend a free walking tour hosted by the Urban Land Institute Western New York's Young Leaders Group (YLG). The tour was focused on Rocco Termini's Hotel Lafayette redevelopment project, Ellicott Commons, the Washington Market, and Oak School Lofts. The walking tour was organized to satisfy a growing demand of interest to see new developments in the downtown Buffalo corridor. "The Urban Land Institute was very pleased to offer this tour of Signature Development's downtown projects," said David Stebbins, vice president of Buffalo Urban Development Corp., full member of Urban Land Institute and advisor for the Young Leaders Group. "It was very informative for both veteran and young real estate professionals. The breadth of Termini's reshaping of downtown was quite impressive and his comments at each stop provided a good learning experience on all of the facets of the real estate development process." The tour brought together young working professionals from various industry-related backgrounds including law, finance, development, construction, planning and design, and strategic planning. The next event will take place the evening of Thursday, November 10, at the Statler, and will include a personal tour of this monumental redevelopment in the heart of downtown Buffalo with project developer, Mark Croce. For more information please visit the Young Leaders Group's Facebook, LinkedIn and Twitter pages.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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
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,