The Young Mortgage Brokers Association (YMBA) held its 2008 Winter Luncheon recently at the Union League Club.
The issue of "where to go for financing in the wake of the credit meltdown" was discussed. The panel included: Gino Martocci, president of M&T Bank, Richard Coles CEO of Emmes, and Josh Zegen, president of Madison Realty Capital; also featured was guest moderator Michael Stoler of Apollo Real Estate Advisors & The Stoler Report.
The event was attended by over 200 real estate professionals. Angel Ortiz, Besen Capital; Elias Marcovici, Eurohypo; Douglas Giles, First American Title; and Kevin Monaghan, Donovan & Giannuzzi. Shown seated (from left) are: Carly Berfas, Eurohypo; Ronald Cohen, Eastern Consolidated; Gino Martocci, M&T Bank; Josh Zegen, Madison Realty Capital; and Michael Stoler, Apollo & The Stoler Report.
Brooklyn, NY OPEN Impact Real Estate represented Coney Island Preparatory Public Charter School in securing a 39-year leasehold condominium for a new 45,190 s/f ground-up high school at 773 Neptune Ave.
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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.
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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