News: Brokerage

Value of a BOMI education for facilities and property management professionals

In today's ever-changing facilities and property management industry, the need for highly trained, skilled professionals has never been greater. Advances in building management technology, volatility in the commercial real estate market, and the increasing importance of public safety are a few reasons why companies and their clients are demanding an unprecedented level of expertise from their facilities and property management teams. The Building Owners & Managers Institute International (BOMI) is a leader in professional designation and training for the facilities and property management industry, offering best-in-class educational solutions that deliver the skills that staff need to ensure an organization's growth and profitability. Training from BOMI is an investment that consistently pays big dividends year after year. Their educational programs empower facilities and property management professionals and their organizations to perform at the highest levels, leading to greater job satisfaction; prestige and enhanced job security; increased value and earning potential; better staff retention; lower recruitment costs; improved communications, teamwork, and decision making skills; and a consistently high standard of service delivery. For more information on BOMI training, go to www.bomi.org, or contact Steven Savoca, chairman of the education committee at (585) 334-4110.
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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
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,

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