News: Brokerage

Wolf and Powers of Denham Wolf rep tenant in 4,111 s/f lease renewal

Denham Wolf Real Estate Services Inc. has brokered a two-year, 4,111 s/f renewal at 370 Lexington Ave. for Americans for UNFPA. Built in 1929, 370 Lexington Ave. is a 27-story building featuring on-site management and 24/7 access. Office tenants include Campbell Alliance Group, Inc., MBG Telecom Software and Preferred Placement. Paul Wolf and Stephen Powers of Denham Wolf Real Estate represented the tenant, while Adam Weissleder of Sherwood Equities represented the landlord, Lexington Avenue, LLC. "It is important that Americans for UNFPA continues to build upon their strong relationship with UNFPA, and maintaining close proximity to each other will help the organizations advance the impact of their mission," said Powers.
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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,
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.
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
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,