Ofer Yardeni, managing partner of Stonehenge Partners, was the keynote speaker at Young Men's/Women's Real Estate Association's (YM/WREA) November luncheon. Yardeni discussed how he arrived in this country in 1986 and got started in the business as a young broker. Currently Stonehenge, which owns and operates 17 residential properties and one commercial building, looks to acquire buildings with great turnover located close to transportation hubs in order to best create value.
Established in 1948, with a membership totaling approximately 394, Young Men's/Women's Real Estate Association promotes greater understanding and knowledge of the real estate industry among its constituents through its monthly luncheons and wide variety of philanthropic activities including New York Cares, Central Park Clean-Up Day, an Annual Blood Drive, among others, in addition to many social functions.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
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.
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 (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,
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