11TH ANNUAL • OCTOBER 24, 2019 • NY HILTON (MIDTOWN)
New York’s Full Service Real Estate Firm. Romer Debbas, LLP is a boutique law firm located in midtown Manhattan specializing in the areas of real estate, banking/private banking, general corporate law, real estate and commercial litigation, business/personal immigration, trust and estates and taxation. The firm represents a wide array of clients including buyers and sellers of residential and commercial real estate, sponsors and developers, prominent lending institutions, landlords and tenants, foreign and domestic investors, cooperative and condominium boards, and small to Fortune 500 businesses.
New York (Main Office) 275 Madison Avenue, Suite 801• New York, NY 10016 Phone (212) 888-3100 • Fax (212) 888-3201 www.romerdebbas.com
Industry Leaders for:
BUILDING OWNERS, DEVELOPERS & CONTRACTORS
A 30 YEAR REPUTATION FOR EXCELLENCE, RELIABILITY & PERSONALIZED SERVICE Apartment & Commercial Buildings, Construction and Complete Risk Management Services NEW YORK
212-452-1600
575 LEXINGTON AVENUE 10022
www.osins.com
MAX A. OSA, MANAGING PARTNER
mosa@osins.com
NEW JERSEY
201-569-4160
570 SYLVAN AVENUE ENGLEWOOD CLIFFS 07632
LIVE & ONLINE COURSES 24/7 Access to the best talent in real estate.
REGISTER NOW! nyrecenter.com
Be a Part of Our Real Estate Community Convenient & informative, you’ll get the best in continuing education!
N
ew York Real Estate Center is a dynamic educational resource for today’s real estate agent and broker community. Offering both live and online classes,
New York Real Estate Center is committed to making the licensing and continuing education process as convenient as possible. Our New York State accredited interactive event-style classes are held at prestigious locations and are taught by premier real estate talent including lawyers, bankers, and experienced agents. These classes are also filmed and are available from our expanding online video library. Whether you are an agent, interested instructor or potential sponsor, we encourage you to join our community.
(646) 559-7294 info@nyrecenter.com
nyrecenter.com
ONE number. TWO FREE member benefits: Legal Hotline & Techline Call: 518-436-9727 ( 518-43-NYSAR )
All callers will be entered into a drawing at the end of every month where one lucky winner will receive a $100 Amazon gift card! For More Information, visit: bit.ly/43NYSAR
ALTOR_LegalTech_4x5.indd 1
9/11/19 10:35 AM
Assembling the right team means everything. Let KOW help on your next project.
KOW Building Consultants, a trusted provider of construction consulting and due diligence services since 1978:
Plan & Cost Reviews Property Condition Reports Construction Loan Monitoring Owner’s Representation Sustainability Consulting Cost to Complete
www.kowbc.com
Anthony Kazasis, Director akazazis@nycnetworkgroup.com
11th Annual
W
elcome to the 2019 NYC Real Estate Expo: our 11th annual real estate trade show, seminar and networking event. We are excited to bring you more than 150 high quality exhibitors and over 100 of
the industry’s most seasoned professionals to participate today on our panels,
ILLUSTRE M U LT I M E D I A Julie Duquet, Creative Director julie@illustremultimedia.com
presentations and workshops. Once again, the NYC real estate market is ripe with opportunity. To take full advantage ofthese opportunities we must keep abreast of the industry’s latest offerings and challenges. With that in mind, we have brought together the key leaders and influencers to share their thoughts on the current and future state of the market and offer the latest on need-to-know trends. Due to popular demand, we have merged the NYC Real Estate Expo with the NYC Finance Expo and the NYC Tech Expo once again. In addition, we have welcome the commercial division of NY MLS, HGAR (Hudson Gateway Association Realtors), LIBOR & RISMedia to participate alongside the Commercial Observer / Costar Group / Mann Report / MBA / NYREJ / Real Estate Weekly (REW) / Scotsman Guide & The Habitat Group offering up-to-date educational panels. This one-day event enables you to meet the top movers and shakers in our industry. Thank you to all of our sponsors and exhibitors for their support and to our speakers for sharing their insights with us today. And of course, thank you to our attendees for joining us and making our Expo the premier real estate event in NYC! Wishing you continued success, Anthony Kazazis, Founder & Director NYC Network Group Inc
New York Real Estate Center is the official school for NYC Real Estate Expo.
SPONSORS
Thank You to all of Our Exhibitors 5arch + Above Remodeling Corp + Aegis Energy Services Inc + afr Furniture + Alpha Funding Solutions + Apartments.com + AREAA + ASAP Mortgage, Corp + At&t + Alison Young + Besen & Associates + B&L Testing Balancing + bluemercury + Brownstoner + Business Anatomy + Capital Distribution LLC + Carson + Cathy Hobbs Design Recipes + Cherry Wood Mortgage + Citizens Bank + Clickpay + CBRE + Commercial Observer + Con Edison + Corevest American Finance + Costar Group + Crossriver Bank + CSG Attorneys at Law + DesignBlendz + DMG Investments LLC + Edberg Solutions + EE Reports + Einbinder & Dunn LLP + Emerald Creek Capital + Emigrant Mortgage Company + Emme Controls + Energy Technology Savings LLC + Engel & Voelkers + Entrust Group + exp Realty + Express Capital Financing + Family First Funding + First Fidelity Brokerage + First Rehab Lending + Flushing Bank + Frenkel & Company International Inc + GeoData Plus LLC + Godiva Chocolatier + Habitat Magazine + HGAR + Ignition Institute + Illustrate Multi Media + Investors Bank + Exact Contact Solutions Inc + JLL + Kaleo Marketing + Karako Custom + KCMI Capital + Keller William Realty / Gold Coast + Kennedy Funding Financial + Key Capital Mortgage + Kinetic Spark Consulting + Koss Resource + Kow Building Consultants + LandlordsNY + LeasingREality + Lending Home + Lending One + Logical Buildings + Mann Report Publication + Marcus & Millichap + Maspeth Federal Savings + Massimo Group LLC + MBA of NJ + MDS Property Management Software + Mercury Capital + Meridian Capital Group + Meridian Investment Sales + Metropolitan/Airport News + MHP Real Estate Services + Michael Stoler Television + MNY- Innovation + Mold Authority + Multiple Listing Service + Mona Shah Law + Mortgage Bankers Association NJ + M2 Trust Services + National Mortgage Professional Magazine + National Tenant Network + Nespresso USA Inc + Next Generations Trust Services LLC + New Jersey Builders Association + New York MLS + New York Real Estate Journal + NMP Media Corp + NYC Network Group + NY Life Insurance Company + NY Lifestyles Magazine + NYREJ + NYSAR + NTN Online + O & S Insurance Brokerage Group + One Key MLS + Peak Properties + Pentagontech + Point Acquisitions + Ponce De Leon Mortgage Corporation + Premier Commission + Pro Services Environmental + Procida Funding & Advisors + PropertyShark + Qualia + Queens Properties + Quontic Bank + Radiator Labs + Rare + RCG Mortgage + RCN + ReadyCap Commercial + Real Estate Weekly + Realty Executives of New York + Rehab Cash Now + REW + Ridgewood Saving Bank + RISMedia + Roos Advisors + Romer Debbas LLP + Schmidt Construction Consulting + Schneps Communications + Scotsman Guide + Sharestates + simuwatt + Sprout Mortgage + Swan Drafting & Surveying Services Inc + Swig Equites LLC + TBG Funding + Temple View Capital + The Habitat Group + The Habitat Magazine + The Note Assistance Program + The Real Estate Weekly + The Stoler Report + Thrive + Unison + US Coffee + UWM + Vanderblue Group + Vassilaros Coffee + Vcorp Services + Visual Marketing Design + Vizzi Edberg + W42St Magazine + WeLend + WexEnergy + Yelp
10 | N YC Real Estate E x po 2019
Agenda
|
Gramercy East/West
GRAMERCY E AST/WEST 7:30 AM | Network ___________________________________________________________________________________ 8:30 AM | Strategies of New York’s Top CRE Producers Sponsored by New York Real Estate Journal Did you know several of New York’s top producing commercial real estate brokers, mortgage brokers and mortgage bankers supplement their business strategies with personal business coaching from the Massimo Group? These include some of the most dominant personas and entities, such as Bob Knakal, and Chase Bank, as well as scores of mid-career and seasoned veterans across New York’s CRE landscape. Presenters: Rod Santomassimo, CCIM | Founder and President | Massimo Group, LLC Larry Haber | Founder & CEO | Leasing REality
___________________________________________________________________________________ 9:15 AM | Where Are We Now and How to Prepare for the Next Cycle Sponsored by Mann Report Where are we now and how to prepare for the next cycle: Veteran of the industry, Billy Procida, discusses the current state of the economy and how to prepare for the impending recession. Billy will discuss how the high-end home market is starting to see a drop in prices and how the number of mega-projects is at an all-time high. With that said, there are still markets where lenders should be lending and ways to prepare for a downturn. Presenter: Billy Procida | Founder & CEO | Procida Funding & Advisors
___________________________________________________________________________________ 9:30 AM | Seizing The Opportunity: Opportunity Zone Funding Sponsored by Real Estate Weekly (REW) / Real Estate Alert Opportunity Zones are designed to spur economic development in low-income communities nationwide by providing tax benefits to investors. All of the underlying incentives relate to the tax treatment of capital gains, and all are tied to the longevity of an investor’s stake in a qualified Opportunity Fund, providing the most upside to those who hold their investment for 10 years or more. This panel will help potential investors understand how the program works, identify neighborhoods that qualify and locate assets within the designated areas in need of investment. Moderator: Pierre Debbas, Esq | Romer Debbas, LLP Panelists: Bozena (Bonnie) M. Diaz, Esq | Counsel | CSG Attorneys at Law Jesse Shemesh | Portfolio Manager | Point Acquisitions LLC James Nelson | Principal, Head of Tri-State Investment Sales | Avison Young Brian Lee | Senior Director of Real Estate | Common Steve Adler | Managing Director | Meridian Capital Group Victor Rodriguez | Associate Director Analytics | CoStar Group
__________________________________________________________________________________
INCREASE PORTFOLIO VALUE THROUGH ENERGY EFFICIENCY
COMPLY WITH NYC LOCAL LAWS WITHOUT BREAKING THE BANK
inquiries@buildee.com 303-830-4715
buildee.com
N Y C R e a l Es t a t e Ex p o 2 0 1 9 | 1 1
Gramercy East/West
|
Agenda
KE YNOTE SPE AKER MICHAEL STOLER 10:45 AM | Emerging Trends in Real Estate Sponsored by The Stoler Report Lots of things are taking place in real estate from changes in office leasing, co-living, prop tech, opportunity zone funds, status of EB 5, industrial, retail, healthcare, A general discussion on emerging trends which have taken place over the past decade and what do we expect to see in the near future. Presenter: Michael Stoler | New York Real Estate TV, LLC | The Stoler Report
___________________________________________________________________________________ 11:00 AM | NYC/CRE “A Family Affair” Sponsored by Commercial Observer Present and Future insight on the Growth of the NYC Real Estate Industry Moderator: Max Gross | Editor in Chief | Commercial Observer Panelists: Norman Sturner | Chairman | MHP Real Estate Services David Sturner | President & CEO | MHP Real Estate Service Norman Bobrow | President | Norman Bobrow & Company Inc David Badner | Senior Director | Norman Borrow & Company Inc Jeffrey E. Levine | Founding Principal / Chairman | The Douglaston Companies Benjamin Levine | Executive VP of Finance & Acquisitions | The Douglaston Companies
___________________________________________________________________________________ 12:20 PM | NYC Residential & Commercial Real Estate: “Knakal & Ramirez Talk” Sponsored By Costar Group What is the difference between residential and commercial ? The answer is simple: the difference lies with the property-type, the typical commission amount earned upon closing a transaction, the education required to understand and succeed in that particular field, and the work culture of the overall environment. Moderator: Katherine Clarke | Reporter | WSJ Panelists: Diane Ramirez | Chairman & Chief Executive Officer | Halstead Property Robert A. Knakal | Chairman, NY Investment Sales | JLL
____________________________________________________________________________ 1:00 PM | The Technological Revolution that is changing the face of Real Estate in New York” Sponsored by Apartments.com It is now each firm’s major responsibility to upgrade their technology to stay ahead of the fray in commercial and residential real estate. The young millennials are on board and are demanding change. Moderator: Vince Rocco | Voice America | Halstead Properties Floor Moderator: Michael Romer, Esq | Romer Debbas LLP Panelists: Louise Forbes | Licensed Assoc RE Broker | The Louise Phillips Forbes Team Andrew Flachner | Co-Founder & President | Real Scout Paul Massey | CEO | B6 Real Estate Advisors Kent Swig | President | Swig Equities LLC / Helmsley Spear Bess Freedman | Chief Executive Officer | Brown Harris Steven Luciane Serifovic | CEO & Founder | Luxian International Realty
__________________________________________________________________________________
12 | N YC Real Estate E x po 2019
Agenda
|
Gramercy East/West
2:30PM | The Uniqueness of Manhattan, Brokers Weigh In. Sponsor by HGAR | LIBOR | RISMedia New York City is one of the most powerful geographies in the world. What makes Manhattan real estate so unique? This Panel will delve into the hard realities that Manhattan brokers face every day, including the current state of real estate data in New York City. Learn about the cost of disparate data in the NYC market, and the challenges and opportunities involved in transforming the organization and distribution of data better. Moderator: John Featherson | President & CEO | RIS/Media Floor Moderator: Tricia Chirco | Vice President of Marketing & Communications, LIBOR/MLSLI Panelists: Jim Speer | CEO | New York MLS Richard Haggerty | CEO | HGAR Heather McDonough Domi | Chairperson | NYRAC Bess Freedman | Chief Executive Officer | Brown Harris Stevens Joseph Rand | Chief Creative Office | Better Homes & Gardens Real Estate / Rand Realty Rory Golod | General Manager | Compass New York
___________________________________________________________________________________ 3:40 PM | 5 Easy Steps To Take Your Business Global Sponsored by Luxian International Realty / FIABCI USA Welcome to the first Global Real Estate Panel at the NYC Real Estate Expo. During this exciting session, you will learn the five easy steps to take your real estate business global. You will learn why and how a real estate agent and broker can bring value to the real estate transaction. Also, you will learn how to expand your business knowledge and increase your income by building your brand and selling internationally. Meet an incredible panel of the globally experienced executives and understand some of the key trends happening in the international market. Moderator: Luciane Serifovic | CEO & Founder | Luxian International Realty Panelist: Michael Cobb | Chairman & CEO | ECI Development Raj Rajpal | Loan Officer | Wells Fargo | New York Northeast Council | FIABCI USA Nicole A. Ramos Beauchamp | Global Real Estate Advisor | Engel & Volker | Co-Chair REBNY Residential Sales Council President Elect | FIABCI USA Kamil Homsi | Founder/CEO | Global Realty Capital Julie Vanderblue | President, Higgins Group | Christie’s International Real Estate
___________________________________________________________________________________
INCREASE PORTFOLIO VALUE THROUGH ENERGY EFFICIENCY
THE TRUSTED SOURCE FOR ENERGY AND DATA MANAGEMENT SOFTWARE FOR NYC
inquiries@buildee.com 303-830-4715
buildee.com
A N E W Y O R K M L S THAT OFFERS MORE COVERAGE, BETTER DATA, AND THE BEST TOOLS IN THE BUSINESS... HAS FINALLY ARRIVED.
JOIN NOW
ONEKEYMLSNY.COM
14 | N YC Real Estate E x po 2019
Agenda
|
Murray Hill West
N Y C R e a l Es t a t e Ex p o 2 0 1 9 | 1 3
Murray Hill West
|
Agenda
MURRAY HILL WEST WORKSHOPS & PRESENTATIONS Sponsored By Kinetic Spark Consulting 7:30 AM | Network ___________________________________________________________________________________ 8:00 AM | The Way Real Estate Closings Should Work Sponsored by Qualia Charlette Brown | Qualia
___________________________________________________________________________________ 8:45 AM | “Are you protecting your protection? The importance of maintaining entity compliance” Sponsored by Vcorp Services, LLC Sarah A. RayBurn | Business Development Manager | Vcorp Services, LLC
__________________________________________________________________________________ 9:00 AM | A Chat with Brandon Polakoff “Selling Property in 2019 – Best Practices” Sponsored by Avison Young Brandon Polakoff | Director of Tri-State Investment Sales | Avison Young
___________________________________________________________________________________ 9:15 AM | Landmines in the Commercial Lease Sponsored by Einbinder & Dunn LLP Terrence M Dunn, Esq | Einbinder & Dunn LLP
___________________________________________________________________________________ 9:30 AM | Local Law 55: What Landlords and Tenants Need To Know Sponsored By Mold Authority New York City Mold Law 55. What are my responsibilities and how to avoid litigious outcomes! Thomas Re l President & Founder l Mold Authority
___________________________________________________________________________________ 9:45 AM | A Chat with Peter Von Der Ahe “The New Yory City Multifamily Market” Sponsored By Marcus & Millichap / Commercial Observer Peter Von Der Ahe | Licensed Real Estate Broker | Marcus Millicap Cathy Cunningham | Deputy Editor – Finance | Commercial Observer
___________________________________________________________________________________ 10:00 AM | Filling the Capital Stack Sponsored By Commercial Observer / Scotsman Guide How Banks and Alternative Lenders are Competing in Today’s Competitive Lending Environment. Since the great recession, we’ve seen many new entrants come into the space. How has your lending evolved to compete in this new landscape. In terms of market conditions, what keeps you up at night, what’s your biggest fear. Many lenders are staying away retail, especially big box. Have any of you tried to compete in this arena lately? How have you gotten comfortable? Moderator: Cathy Cunningham | Deputy Editor – Finance | Commercial Observer Panelist: Chris Blake | Sr. Loan Officer | Cross River Bank Allen Shayanfekr | CEO & Co-Founder | Sharestates Michael Miller | CMO / CPO | 5 Arch Funding Corp. Charles Ruffin | Sales Manager | Emigrant Mortgage Company Jeff Seidler | Managing Director | Emerald Creek Capital Richard Maher | Vice President & Mortgage Officer | Maspeth Federal Savings John Prins | Vice President | CoreVest Finance Marc Katz | Senior Vice President | Investors Bank
___________________________________________________________________________________ 11:00 AM | How Savvy Agents Sell More Properties with a Real Estate IRA Sponsored By The Entrust Group Tony Unkel | Business Development Manager | The Entrust Group
___________________________________________________________________________________
N Y C R e a l Es t a t e Ex p o 2 0 1 9 | 1 5
Murray Hill West
|
Agenda
11:15 AM | Leveraging Self-Directed IRAs to Grow Your Real Estate Business Sponsored By Next Generation Trust Company, Inc. Brittany A. Pickell | Director, Marketing and Sales | Next Generation Trust Company, Inc.
___________________________________________________________________________________ 11:30 AM | Active and Passive Investing in the Short Term Real Estate Market Sponsored By Peak Properties, LLC Glen Gallucci | CEO & Founder | Peak Properties, LLC
__________________________________________________________________________________ 11:45 AM | Changes to the Rent Laws: What NYC Landlords Need to Know Sponsored by The Habitat Group Eileen O’Toole, Esq. | Principal | The Law Office of Eileen O’Toole
___________________________________________________________________________________ 12:00 PM | Real Estate Technology: What to expect In 2020 Sponsored By REW / Blau Journal Come hear from NEW & Seasoned Technology Companies and learn the technology trends that will impact the real estate industry in 2020. Technology is advancing faster than ever before. You’re not going to want to miss this Informative TECH Panel. Moderator : Vince Soriero | Business Development Manager | PropertyShark.com Panelist : Shannon McGee |Sales Director | IXACT Contact Solutions Inc. Brian Corcodilos | CEO | Designblendz Adam G. Friedberg | Vice President | MDS Property Management Software Burke Smith | Broker & Owner | Realty One Group (San Diego) Rich Berliner | CEO / Publisher | Fifth Gen Media, Inc (Publishers of: Connected R.E. Magazine Ali Schwartz | Sr. Local Business Partner, yelp Bill Staniford | Chief Innovation Officer | Get Compound
___________________________________________________________________________________ 1:00 PM | The Pareto 80/20 Rule Dissected – Leverage with Outsourcing Sponsored By Virtudesk Pavel G Stepanov | CEO | Virtudesk
___________________________________________________________________________________ 1:15 PM | Real Estate Notes & Self Directed IRAs a match made in heaven! M2Trust & The Note Assistance Program Sponsored By The Note Assistance Program / Jazz Up Indy, Inc / M2 Trust Services Ms. Jasmine R. Willois | Managing Director | The Note Assistance Program | Jazz Up Indy, Inc. Belinda Savage | M2 Trust Services – Trust Custodial Bank – Denver, CO Alternative Asset & Retirement Services Specialist
___________________________________________________________________________________ 1:35 PM | Yes! Knew this was coming for weeks. Sponsored By EB5 Investors Magazine / Opportunity Zone Expo Clem G. Turner, Esq | Member of the Firm | Chiesa, Shahinian & Giantomasi, PC Ali Jahangiri | Founder & CEO | EB5 Investors Magazine / Opportunity Zone Expo Kamyar Amiri-Davani | Co-Founder | EB5 Investors Magazine
___________________________________________________________________________________ 2:00 PM | Master your Lifestyle and Business Sponsored By Kinetic Spark Consulting How aligning your lifestyle and business intentions can scale your emotional intelligence, resulting in massive financial growth. Seen on: Good Morning America / Sirius/XM Radio / Federal News Radio / Mortgage News Network Jen Du Plessis | CEO & Founder | Kineticsparkconsulting.com
________________________________________________________________________________
16 | N YC Real Estate E x po 2019
Agenda
|
Murray Hill West
2:15 PM | Facebook Advertising for Real Estate: How We Generated a 1,492% ROI from one Facebook Ad in Manhattan, and How You Can Do The Same. Sponsored By Dividend Digital This session is perfect for anyone who wants to start or improve their Facebook marketing with Facebook ads that REALLY work for Real Estate. Cheryl Pinkard | Founder & Chief Marketing Strategist | Dividend Digital
___________________________________________________________________________________ 2:30 PM | BRRRR Strategy (BUY RENOVATE RENT REFI REPEAT) = BRRRR Sponsored By Temple View Capital Mark Burch | Business Development | Temple View Capital
___________________________________________________________________________________ 2:45 PM | Understanding the Benefits of Working with Independent Mortgage Brokers Sponsored By FindAMortgageBroker.com Partnering with independent mortgage brokers gives real estate agents and borrowers valuable options in the pursuit of purchasing or refinancing a home. Vince Parlove | Team Lead, Director of Wholesale Development | FindAMortgageBroker.com
___________________________________________________________________________________ 3:00 PM | Wholesale Lending And The Impact It’s Having On LOs and Real Estate Agents Sponsored by NMP & Scotsman Get a wide-ranging overview of the advantages of choosing wholesale vs. retail. Our panel goes in-depth on specific topics including obtaining and retaining purchase business, tips and techniques to stay top of mind with your client and referrals, and the importance of building relationships with real estate agents. Moderator: Michael J Romer, Esq | Managing Partner | Romer Debbas LLP Floor Moderator: Irene Amato | CEO | A.S.A.P. Mortgage Corp. Panelists: Samuel Bjelac III | Senior Vice President | Sprout Mortgage Ace Watanasuparp | Vice President / Regional Manager | Citizens Bancorp Allen Beydoun | EVP | UWM Sales Jeffrey Tesch | Managing Director | RCN Capital Bill Walker | Chief Revenue Officer | Unison Home Ownership Investors Steven Schnall | Chairman & CEO | Quontic Bank Melissa L Cohn | Executive Vice President | Family First Funding LLC
___________________________________________________________________________________ 4:00 PM | Creating new sales opportunities with unique portfolio financing products & programs Sponsored By United Nations Federal Credit Union Richard Martin | Senior Mortgage Loan Officer | Mortgage Origination | United Nations Federal Credit Union David Wald | Mortgage Loan Officer | United Nations Federal Credit Union
___________________________________________________________________________________ 4:15 PM | The Real Estate and Mortgage Experience versus the Transaction Sponsored by A.S.A.P. Mortgage Corp. Irene Amato | CEO | A.S.A.P. Mortgage Corp.
___________________________________________________________________________________ 4:45 PM | Getting Better Results on the Construction of Residential Developments Sponsored By Schmidt Construction Consulting The construction process is fraught with the potential for mistakes, delays and cost overruns. What are the important construction issues that residential developers are going to face in this hot market, and what should they not take for granted? Barry Schmidt | President | Schmidt Construction Consulting
___________________________________________________________________________________
Marcus & Millichap brings together specialized market knowledge, the industry’s leading brokerage platform and exclusive access to inventory to achieve exceptional results for our clients, year after year.
SPECIALIZATION
Expertise in all major markets and property types. With unmatched knowledge of the characteristics and requirements of both the local markets and within each property type, our investment specialists are able to maximize value for our clients. Each team of investment professionals utilizes specialized training, marketing and tailored communication tools to produce remarkable results for the unique needs of each transaction.
ACCESS
Our vast network becomes your own. With the most closely-knit salesforce in the industry and nearly five decades of experience—during which we’ve completed more transactions than any other firm—we’ve put in the time and made the connections to offer more access to qualified buyers than anyone else can.
CULTURE
Provide exceptional service and the best results. When building Marcus & Millichap, our founders set out to create a culture of information sharing and collaboration. Throughout the years, this has fostered a non-competitive system where clients’ needs come first. Supporting that system is our industry leading management team of seasoned veterans and our innovative technology platform. These resources free up our agents to do what they do best — provide exceptional service and achieve the best results possible.
COMPLETE BROKERAGE
Everything you need. Every step of the way. Our comprehensive suite of tools helps with everything from research and marketing to financing. Our huge network of experienced professionals ranges from expert agents to loan originators. Our deep knowledge of the markets gives us the confidence to help you accurately price your property. And all of these things, combined with our extensive experience in executing transactions, ensure a smooth process and help our clients reach their investment objectives.
Real Estate Investment Sales » Financing » Research » Advisory Services
18 | N YC Real Estate E x po 2019
Agenda
|
Murray Hill East
MURRAY HILL EAST WORKSHOPS & PRESENTATIONS Sponsored By Ignition Institute
______________________________________________________________________ 8:45 AM | The Climate Laws & NYC Properties (Part 1) Sponsored by NYREJ / NYC 2030 The recently enacted NYC Climate Mobilization Act and NYS Climate Leadership and Community Protection Act will have a powerful impact NYC properties for decades. The laws demand the transformation of building envelopes, energy systems, and use patterns. This undertaking involves the coordination of stakeholders from many sectors. A conversation between participating sector representatives in the coming transformation will illuminate the prospects for properties to meet the law’s requirements and contribute to confronting climate change. Moderator: Haym Gross, Architect | Co-Chair NYC 2030 District Panelist: Richard Leigh, PhD, PE, LEED AP | Visiting Professor of Physics, Pratt Institute David R Pospisil, CEM | Strategic Energy Advisor | Consolidated Edison Company of NY, Inc. Rory Christian, CEM, CEA | Concentric Consulting Group | Former New York Director, Clean Energy, Environmental Defense Fund
______________________________________________________________________ 9:30 AM | The Climate Laws & NYC Properties (Part 2) Sponsored by NYREJ / NYC 2030 Meeting the building energy performance targets of the NYC Climate Mobilization Act will entail the careful application of a range of innovative solutions to a variety of properties. Moderator: Haym S. Gross | A r c h i t e c t | NYC / 2030 Floor Moderator: Beatriz Quinones | President | BES Group Inc Panelist: Daniel Burke | Vice President of Sales & Marketing | Aegis Energy Service Marshall Cox | CEO & Founder | Radiator Labs Jeff Hendler | Co-Founder & President | Logical Buildings | ETS Oliver Davis | CEO, Co-Founder| buildee Jon Brodeur | CEO | Emme Controls Rachel N. Rosen | CEO & Co-Founder | WexEnergy
______________________________________________________________________ 10:15 AM | The Climate Mobilization Act - How to Comply While Adding Value to Your Portfolio Sponsored by simuwatt
If you want to learn more about the Climate Mobilization Act and how the buildee® software platform will add value to your portfolio while streamlining compliance, please join buildee Head of Product and Co-Founder Matt Brown. buildee facilitates portfolio planning by identifying and prioritizing energy efficiency investments that increase CapEx while reducing OpEx. Matt Brown | Head of Product and Co-Founder | buildee
_____________________________________________________________________ 10:30 AM | Eliminating chronic discomfort complaints and 10 tools for saving up to 40% in energy consumption Sponsored by Emme Controls The wholesale replacement of existing heating and cooling systems in order to meet significantly higher energy efficiency standards is not realistic for most existing buildings due to the cost and disruption. But new, ultra smart and easily retro-fitted controls can greatly enhance comfort and efficiency. Learn about some compelling technology which works with most existing heating and cooling systems in order to eliminate chronic discomfort challenges, while providing 10 tools for saving up to 40% in energy consumption.Session will cover how Emme works – and a review of case studies in a variety of building types. Jon Brodeur | CEO| Emme Controls
______________________________________________________________________ 10:45 AM | Problem Construction Projects – How to Identify Early Warning Signs Sponsored By KOW Building Consultants We identify various early warning signs that tend to be seen on problem construction projects such as poor staffing, high turnover, poor trade coordination & product installation, unsafe conditions, excessive change orders, and the project can’t close out. Hear real-life examples from the field and suggestions for potential solutions. Kenneth F. Wille, PE | President & CEO | KOW Building Consultants
______________________________________________________________________
N Y C R e a l Es t a t e Ex p o 2 0 1 9 | 1 9
Murray Hill East
|
Agenda
11:00 AM | Aeroseal Duct Sealing: Seal Ducts from the Inside to Reduce Energy Costs Sponsored By B & L Testing & Balancing New York City is leading the charge on reaching new net zero goals, are the HVAC ducts in your buildings up to the challenge? Leaky ducts translate into higher energy costs because of the increased demand on the fans supplying air or providing exhaust for the building. Attend this session for an introduction into a unique approach to saving energy for new or existing buildings. Aeroseal is an innovative duct sealing technology that reduces fan operating costs and prevents odor migration issues, with a focus on optimizing overall air distribution. Matthew Pappalardo | Vice President | B & L Testing & Balancing
______________________________________________________________________ 11:30 AM | “Smart Money Not Hard Money” - The Anatomy of a Deal Sponsored By TBG Funding Meir Krengel | SVP of Operations | TBG Funding Yoni May | Director of Underwriting | TBG Funding
_____________________________________________________________________ IGNITION INSTITUTE Sponsored By : Ignition Institute 12:30 PM | Seating in Ignition Room. 12.45 PM | Introduction to Ignition Institute by Dr. Simon Mills. 12:55 PM | Dr. Mills introduces Dr. Ritchie and Mr. Smith. 1:00 PM | Dr. Kathryn Ritchie begins the program with Burke Smith. Future-proofing your brokerage (or any other business). Dr. Ritchie, Master facilitator, and a global leader in strategy execution/culture transformation will disassemble, diagnose, and re-imagine a living breathing real estate brokerage. Subject matter expert, speaker, trainer, and brokerage owner, Burke Smith will join Dr. Ritchie on stage to experience the Ignition process being applied to his own business while speaking from an industry perspective on disrupting yourself before somebody comes along and “Uber’s” you. 1:00 PM | Immersion interview summary 1 : 1 5 PM | External market scan 1:40 PM | Directional elements (mission, vision, values, KPI’s, milestones, Goals) 2:00 PM | Pictures of success 2:25 PM | Building the plan 2:45 PM | Executing the plan 3:00 PM | Close future-proofing session. About Burke Smith International Real Estate Coach/Consultant to the top agents and brokers for Prudential, Coldwell Banker, ReMax, Century 21, Keller Williams, Corcoran, Brown Harris Stevens, Gibson International and many more. Built largest single-office real estate company in Southern California in less than 2 years Grew company from $0.00 to $450 million in sales and over 1000 transactions in 18 months. Featured on CNN & the New York Times Nominated two years in a row for Inman Innovator of the Year About Dr. Kathryn Ritchie. Author, speaker, master facilitator, and lifelong strategy execution & culture transformation student, Dr. Kathryn Ritchie draws a line in the sand when it comes to effective execution in any organization. Kathryn is passionate about business and people. She works at the nexus of enabling optimal performance and enabling leaders to shape and create environments where people thrive and grow. This lifetime project continues today as Ignition Institute works across industry and geography from startup to Fortune 500 companies. This passion has shaped the Institute, an international consulting firm specializing in performance optimization through strategy clarification and cultural alignment. Enough clarity, enough cohesion & enough disciple are at the core of exceptional execution and enabling leaders to understand what holds their organizations back as well as what is at their fingertips to unleash this, is what inspires Kathryn. Ignition Institute’s body of work has given rise to a proprietary method (Ignition®) which supports leaders, teams, and organizations to execute with power. One aspect most valued by clients is the institute’s focus on building capability into the human capital of organizations. They want to minimize the consulting investment required and reduce the waste abundant in management consulting. Clients call Ignition Institute for assistance with missioncritical issues e.g. Aligning teams & organizations to execute against strategy • Corporate Turnaround • Merger & acquisition integration * Clarifying strategy Revenue &/or share-price decline Sales & revenue growth • Leadership transition • Culture alignment • New market entry • Change management Leadership development – action-oriented, aligned to execution • Growth • Sustainability Visit the Institute’s website: www.ignition.institute
_____________________________________________________________________
NEW PROGRAM
ENHANCEMENTS Owner Occupied & Investor BORROWER PREPARED PROFIT AND LOSS - Available for all self-employed borrowers - VOE Only available for wage earners - Not a ‘bank statement program’ - Available for all programs except foreign nationals
Program Highlights Owner Occupied: 75% LTV: Borrower Prepared P&L Only 65% LTV: No Ratio / No DTI (No Income Stated)
Investor: 75% LTV: DSCR (Min DSCR 1.0, No DTI / No Ratio. Qualify on Property Cash Flow) 75% LTV: 50% DTI (Qualify on Borrower Income using PITI wash)
Foreign National: 70% LTV: Stated Income (no credit required)
Call 1-718-578-4350 NMLS ID: 403503 • 31-05 Broadway, Astoria, NY 11106 • 1-718-578-4350 • QuonticWholesale.com Disclosure: All lending products are subject to credit & property approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. Information is accurate & effective as of September 12, 2019 & is subject to change without notice. Quontic Bank name & logo are registered trademarks. © 2019 Quontic Bank. All rights reserved.
Other Lenders Can't Compete. 5arch is giving the industry something to talk about with some of the lowest rates on loans available from a direct lender. • SFR loans as low as 3.74% / 3.961% APR1 • Multifamily loans as low as 6.75% / 8.847% APR3
• Fix and Flip loans as low as 6.99% / 8.910% APR2 • Ground Up loan as low as 9.25% / 11.150 APR4
Other investors will be wondering how you grew so fast.
Seize the rate today.
833-488-7401 • info@5archfunding.com • 5arch.com/NYExpo2019 5 Arch Funding Corp./NMLS ID # 1039184. 19800 MacArthur Blvd., Ste. 1150, Irvine, CA 92612; Arizona Mortgage Broker License # 0933148; Oregon Mortgage Lending License Number ML-5475; CA Bur of Real Estate – Real Estate Broker Corporation License #01928500; California loans made or arranged pursuant to a California Finance Lenders Law License, # 603K373; Louisiana Loan Broker Notification 43472334F. 5 Arch Funding Corp. makes first lien mortgage loans. In certain states, 5 Arch Funding Corp. only lends to entities. In Nevada, loans are available through 5 Arch Funding Corp.’s business partners; 5 Arch Funding Corp. does not make or arrange loans in Nevada. BorrowBetter is the service mark of 5 Arch Funding Corp. 1 3.961% APR is based on a $500,000 loan at an interest rate of 3.74% with a term of 5 years and an origination fee of 1%. Interest-only payments for 59 months and final payment of all principal, remaining interest and fees. 2 8.910% APR is based on a $500,000 loan with a term of one year at an interest rate of 6.99% and an origination fee of 2%. Interest-only payments for 11 months, with final payment of all principal, remaining interest and fees. 6.99% rate is based on a loan secured by real property in California; higher rates apply to loans secured by real property in states other than California. 3 8.847% APR is based on a loan of $500,000 with a term of one year at an interest rate of 6.75% and an origination fee of 2%. Interest-only payments for 11 months with final payment of all principal, remaining interest and fees. 4 11.150% APR is based on a $500,000 loan with a term of one year at an interest rate of 9.25% and an origination fee of 2%. Interest-only payments for 11 months, with final payment of all principal, remaining interest and fees. Terms may vary based on your particular situation.
Since 1995 Procida Funding has provided over $3 Billion in capital. Procida Funding provides capital for a wide range of asset classes in the eastern region of the United States, with a concentration in the New York Metropolitan area.
570 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ
FUNDING
PROCIDA.COM
The Art Factory Paterson, NJ LOAN TYPE: Debt Consolidation Total Loan: $12,500,000
The Met Philadelphia, PA LOAN TYPE: Convertible Note Total Loan: $56,000,000
Procida Funding’s current fund, The 100 Mile Fund:
111
ORIGINATED LOANS
$635+ $401+ MILLION ORIGINATED
MILLION REPAID
BRIDGE LOANS Procida Funding offers short-term financing for both distressed and opportunistic borrowers.
CONSTRUCTION LOANS
ADDITIONAL SERVICES DEBTOR IN POSSESSION FINANCING: (DIP) financing is available only for those borrowers in distressed financial positions and in bankruptcy.
DEBT PURCHASING:
Our team’s experience in the Tri-State area, knowledge of local markets, and background in construction offers hands-on lending that is unparalleled in the industry.
Procida Funding is a debt buyer that will purchase delinquent, distressed, or bankrupt real estate assets or loans.
MEZZANINE LOANS
Our advisory and financing team will actively work with a client to address disputes deriving from property maintenance, defaults, asset disposition, strategic planning, and restructuring.
Procida Funding offers mezzanine financing as either a subordinated debt or preferred equity product with flexible loan terms.
���� �� :
+ 1 20 1 .8 7 1 .1 1 7 7
PARTNERSHIP DISPUTES AND BUYOUTS:
ADVISORY SERVICES: Procida Advisors provides due diligence and asset management services to developers, financial institutions and private equity funds with a concentration on development, construction, bankruptcy, restructuring and marketing.
The Laurel, Philadelphia Condo Tower Construction Completion 2022
Turn Your PROJECT INTo Reality Our blended team of licensed architects, 3D visualization designers, industrial designers, software developers, and marketing gurus are here to pre-sell and lease your project.
3D Renderings
VIRTUAL DESIGN CENTER
Our team creates the most photorealistic renderings in real estate.
The ultimate buyer experience in the marketplace. Sell it before it’s built.
ARCH TO VIZ
MARKETING
Our team of architects and visualization designers get every detail right.
We handle all of your print, digital, and web assets in order to market to potential buyers.
WE NEVER SETTLE FOR JUST ‘SATISFIED’. So what stage is your real estate project? We can assist at any step by adding value and confidence to your project life cycle with fresh designs and 100% American-made renderings.
info@designblendz.com www.designblendz.com Montclair, NJ Philadelphia, PA
Introducing the New Apartments.com Network More Exposure
More True Leads™
More Value
ÂŽ
advertise.apartments.com | 888-658-7368
(917) 567-8767 THELUXIAN.COM
Powering Your Next Purchase Cross River sources, originates, and services portfolios of multi-family, retail, and mixed-use commercial real estate
Our CRE Team cares about assisting brokers, property owners, investors, and institutions with their financial
loans. Our team of professionals with deep market knowledge assists property owners, investors, and institutions in accessing the right financing product in a streamlined approval process, resulting in faster closing times.
needs. We originate multi-family, retail, and mixed-use commercial real estate loans. Our CRE loans range from $250K to $34MM and construction loans from $500K to $5MM. We offer 10 to 30 year amortization schedules.
Commercial
Multi-family Walk-up apartment buildings
Retail properties
2-4 family investment properties
Mixed-use properties
held in the name of an entity/LLC Elevator apartment buildings Garden apartment complexes Underlying co-ops Fractured co-ops/condos
Shopping centers Office buildings Commercial condominiums Owner & non-owner occupied
Construction / Renovation Loan sizes ranging from $1,000,000 to $5,000,000 Loan term from 12 to 24 months; interest only payments All asset types including: multi-family, retail, mixed-use, condominiums, and more
Other income-producing Commercial Real Estate
Get in touch with our expert team and get powering your next purchase right now
www.crossriver.com
HOME FINANCING OPTIONS TO FIT NEW YORK’S UNIQUE NEEDS. Our dedicated team of experienced mortgage loan officers will help you find the right mortgage financing solution for your unique home-buying needs. Ace Watanasuparp
Thomas Drew
NMLS ID# 460189 Regional Manager Manhattan/Westchester 125 Park Ave. 917-859-6439 ace.w@citizensbank.com
NMLS ID# 485350 Area Manager Long Island 48 South Service Road Melville 516-410-2674 thomas.drew@citizensbank.com
Mortgages are offered and originated by Citizens Bank, N.A. Citizens Bank is a brand name of Citizens Bank, N.A. (NMLS ID# 433960) . All loans are subject to approval. Equal Housing Lender. 1123355_HL19_NYCRealtorExpo_Ad
Commercial Bridge Loans, from $750,000 and up. • Streamlined process • Most property types • Brokers Protected
contact us by phone: 212.661.8700
DISCOVER THE BENEFITS OF A SELFDIRECTED REAL ESTATE IRA What if we told you that you could build retirement wealth AND grow your real estate investments taxdeferred or tax-free, all at the same time? Would you do it?
CONTACT NEXT GENERATION TO LEARN MORE! Call Toll-Free (888) 857-8058 Email NewAccounts@NextGenerationTrust.com
(212) 600-5844 sc@sc.associates www.sc.associates • NYC Local Law 84/133 Benchmarking • NYC Local Law 87 Energy Audits and Retro-commissioning • NYC Local Law 88 Lighting and Submetering • NYC Local Law 95 Building Energy Grades • NYC Local Law 97 Carbon Emissions
Energy Efficient/Environmentally Friendly • Consulting Engineers • System Designs • Energy Engineering • Carbon Reduction • Sustainability Plans
Fix-and-flip loans made simple.
• Energy Benchmarking • ASHRAE 1,2,3 Audits • Commissioning • Energy Modelling • Energy Star Agency
Now offering rates as low as 7.50% for real estate investors. No appraisal prior to close.
We developed a top-tier technology that simplifies the loan process so you can have a better, more streamlined experience—as well as more opportunities to grow your business.
Get bridge loans in as few as 5 days
We fund up to $1 million of your project and $5 million across multiple projects
Get in touch with your local LendingHome Agent
Charles Pipia (347) 231-3189 charles.pipia@lendinghome.com Company NMLS #1125207
Up to 90% purchase price
Up to 125% rehabilitation with holdback
KCMI Capital specializes in the small balance commercial real estate loans that do not fit the mold of traditional banks. For a detailed tailored quote, please call a KCMI Capital representative.
■ 7.50% Fixed for 30 Years ■ No FICO Score Minimum ■ YSP Available
844.450.6685 hello@kcmicapital.com
CONGRATULATIONS, BROKERS. IT’S YOUR TIME TO HAVE IT ALL.
United Wholesale Mortgage (UWM) ranked #1 wholesale mortgage lender in the nation for 2015, 2016, 2017 and 2018 by Inside Mortgage Finance. This information is provided to mortgage and real estate professionals only and is not intended nor is it authorized for consumer distribution. NMLS #3038.
YO U D O RI G H T BY BO RROWERS. W E D O R I G H T BY YO U. As the #1 wholesale lender in the nation, we never stop championing independent mortgage brokers as the best choice for borrowers, because you offer more choices, better pricing and faster, friendlier service. We think you deserve the same. Which is why we not only strive to provide you with the best service, technology and partnership of any lender out there, we’re also committed to delivering competitive rates. We’ve even removed all state adjustments and Loan Level Pricing Adjustment (LLPA) overlays. So you can spend more time delivering the best experience for borrowers, and less time worrying about where to send their loan. You deserve to have it all. Get it at UWM.com.
YOU + UWM = YOUNITED | 800.981.8898 | UWM.COM
34 | N YC Real Estate E x po 2019
Exhibitor Contacts COMPANY
PHONE
WEBSITE
BOOTH #
5arch
949.537.3684
5arch.com
213
Above Remodeling Corp
516.280.3093
aboveremodeling.com
317
Aegis Energy Services Inc
732.987.9870
aegisenergyservices.com
135
afr Furniture
212.869.2161
rentfurniture.com
327
afr Furniture
212.869.2161
rentfurniture.com
329
Airport News
516.410.2222
metroairportnews.com
Media
Alpha Funding Solutions
732.987.9870
alphafundingsolutions.com
247
Apartments.com
347.480.6368
apartments.com
235
AREAA
212.840.0071
areaamanhattan.org
175
ASAP Mortgage
914-736-9230
asapmortgageinc.com
189
AT&T
212.315.0392
att.com
A
Avison Young
212.230.5990
avisonyoung.com
Media
B&L Testing & Balancing
516.724.3630
bltab.com
265
bluemercury
800.355.600
bluemercury.com
L
buildee
303.830.4715
info@buildee.com
Broker Pulse
917.288.4009
brokerpulse.com
Media
Business Anatomy
201.906.0607
bizanatomy.com
343
Capital Distribution LLC
201.690.6512
getsmartvalve.com
178
Carson
646.661.2250
carson.live
319
Cathy Hobbs Design Recipes
800.961.5202
cathyhobbs.com
110
Cherry Wood Mortgage
909.895.6948
cherrywood.com
305
Citizens Bank
212.857.6668
citizensbank.com
215
ClickPay
646.838.0087
clickpay.com
120
Commercial Observer
212.407.9382
commercialobserver.com
323
Con Edison
646.265.1596
coned.com
256
Corevest American Finance
949.344.7891
cvest.com
143
Costar Group
347.480.6368
costargroup.com
235
Cross River Bank
201.808.6379
crossriverbank.com
207
CSG Attorneys at Law
917.417.5570
csglaw.com
191
DesignBlendz
215.995.0228
designblendz.com
221
Dividend Digital
516.983.7418
dividenddigital.com
115
DMG Investments LLC
646.930.0206
dmg-investments.com
117
EDBERG Solutions
210.272.1511
edbergsolutions.com
335
Einbinder & Dunn LLP
212.391.9500
ed-lawfirm.com
116
Emerald Creek Capital
800.313.2616
emeraldcreekcapital.com
167
Emigrant Mortgage Company
914.785.1267
emigrant.com
139
Emme Controls
503.793.3792
emme-inc.com
253
Energy Technology Savings
908.517.3728
etsemerald.com
209
Engel & Voelkers
212.616.7600
engelvoelkers.com
151
Entrust Group
800.392.9653
theentrustgroup.com
301
exp Realty
646.458.1412
exprealty.com
232
Express Capital Financing
347.348.0262
expresscapitalfinancing.com
325
Family First Funding
917.838.7300
mcohn.fam1fund.com
307
First Fidelity Brokerage, Inc
212.933.9050
ffbinsurance.com
211
First Rehab Lending
516.888.1262
firstrehablending.com
203
Frenkel & Company International Inc
201.356.0042
frenkel.com / epicbrokers.com
Media
Geodata Plus LLC
516.663.0790
geodataplus.com
Media
HGAR
914.681.0833
hgar.com
107
See scalable solutions. ENDURING STRATEGIES TO ADVANCE YOUR GROWTH.
For more than 45 years, CSG has delivered cutting edge counsel to the region’s most forward-thinking real estate leaders. Our unparalleled experience, paired with a nimble approach to addressing our clients’ challenges, uniquely positions us to deliver scalable and value-creating solutions at every stage of the real estate cycle. See what CSG can do for you.
CHIESA SHAHINIAN & GIANTOMASI PC
WEST ORANGE
TRENTON
NEW YORK CITY
CSGLAW.COM
(973) 325-1500
Prior results do not guarantee a similar outcome.
36 | N YC Real Estate E x po 2019
Exhibitor Contacts COMPANY
PHONE
WEBSITE
BOOTH #
Ignition Institute
917.733.1427
ignition.institute
341
Illustre Multimedia
914.924.0354
illustremultimedia.com
J
Investors Bank
973.924.5187
myinvestorsbank.com
114
IXACT Contact Solutions Inc
866.265.6990
ixactcontact.com
223
Kaleo Marketing
323.538.4145
kaleomarketing.com
168
Karako Custom
212.239.1918
karakosuits.com
K/L/M
KCMI Capital
844.450.6685
kcmicapital.com
118
Keller William Realty / Gold Coast
516.482.0200
kwnyc.co/lisa_joa
133
Kennedy Funding Financial
201.342.8500
kennedyfunding.com
243
Kinetic Spark Consulting
703.864.4597
kinecticsparkconsulting.com
Murray Hill
KOW Building Consultants
631.757.5000
kowbc.com
155
LandLoards NY
718.704.0696
landlordsny.com
Media
LeasingREality
917.362.9413
leasingreality.com
315
Lending Home
212.620.0494
lendinghome.com
229
Lending One
561.463.0735
lendingone.com
135
Logical Buildings
908.517.3730
logicalbuidings.com
209
Luxian International Realty
917.567.8767
theluxian.com
I
M2 Trust Services
480.239.5539
m2trustservices.com
193
Mann Report Publication
212.840.6266
mannpublications.com
Media
Maspeth Federal Savings
718-651-7888
maspethfederal.com
163
Massimo Group LLC
800.517.5542
massimo-group.com
313
MBA of NJ
732.596.1619
mbanj.com
Media
MDS Property Management Software
888.325.8307
multidataservices.com
201
Mercury Capital
212.661.8700
mercurycapital.com
121
Meridian Capital
212.612.0107
meridiancapital.com
112
Metropolitan/Airport News
516.410.2222
metroairportnews.com
Media
Michael Stoler Television
646.704.1788
michaelstoler.com
Media
MNY - Innovation
702.330.0567
mny-innovations.com
231
Mold Authority
908.456.2900
psrestore
113
Multiple Listing Service
631.661.4800
mlsli.com
103
Nespresso
347.920.6783
nespresso.com
257
New Jersey Builders Association Atlantic Builders Convention
609.587.5577
njba.org
Media
New York Life Insurance Company
646.227.8535
newyorklife.com
161
New York Lifestyles Magazine
646.259.2651
newyorklifestylesmagazine.com
Media
New York MLS
631.661.4800
onekeymls.com
103
Next Generation Trust Services
888.857.8058
nextgenerationtrust.com
186
NMP Media Corp
888.409.9770
nationalmortgageprofessional.com
337
NTN/National Tenant Network
800.422.8299
ntnonline.com
241
NYREJ (New York Real Estate Journal)
800.654.4993
nyrej.com
339
NYSAR
518.463.0300
nysar.com
109
O&S Insurance Brokerage Group
201.569.4160
osins.com
245
Observer Media Group
212.407.9382
observer.com
323
OneKey MLS
631.661.4800
onekeymls.com
103
Peak Properties LLC
201.836.7300
peakpropertiesllc.com
185
Pentagontech
203.871.9842
photoflashdrive.com
F
Point Acquisitions
267.980.7726
pointacquisitions.com
165
Ponce De Leon Mortgage
718.426.5111
poncedeleonmortgage.com
345
Premier Commission
212.317.1702
premiercommission.com
217
Need comprehensive property data in record time? Tap into one of the biggest real estate data sources.
New York City property data: comprehensive, frequently updated, all in one place. Researched real owners and phone numbers for LLC-owned properties in NYC Recorded owner names and contact details Foreclosures Property characteristics Property value FAR Zoning Sales history Mortgages Title documents Liens and much more Gain the upper hand by mastering a set of professional tools to improve your research: Comparables Mailing and data lists Canvassing tool Maps
For residential inquiries please contact: Vince Soriero at 718-408-4988 or vince.soriero@propertyshark.com
For commercial inquiries please contact: Lenny Borshch at 516-609-6026 or lenny.borshch@propertyshark.com
Join the top companies that rely on PropertyShark!
38 | N YC Real Estate E x po 2019
Exhibitor Contacts COMPANY
PHONE
WEBSITE
BOOTH #
Pro Service Environmental
908.456.2900
psrestore.com
113
Procida Funding & Advisors
201.871.1177
procida.com
183
Property Shark
718.715.1758
propertyshark.com
233
Qualia
512.921.1944
qualia.com
309
Queens Properties
516.510.9645
queensproperties.com
Media
Quontic Bank
800.908.6600
quonticbank.com
153
Radiator Labs
357.831.3264
radiatorlabs.com
263
RARE
212.321.0080
r-are.co
333
RCG Mortgage
516.246.6353
rcgmortgage.com
177
ReadyCap Commercial LLP
917.545.5125
readycapcommercial.com
205
Real Estate Weekly
914.714.9904
rew-online.com
331
Realty Executives International
718.939.9822
realtexecutivesny.com
141
Rehab Cash Now
860.533.4049
rehabcashnow.com
220
Ridgewood Saving Bank
718.240.4778.
ridgewoodbank.com
159
RISMedia
203.855.1234
rismedia.com
105
Romer Debbas LLP
212.888.3100
romerdebbas.com
119
ROOS Advisors
646.933.1289
larendeeroos.com
145
Sales Dialers
800.662.4009
salesdialers.com
187
Sharestates
212.201.0750
sharestates.com
157
simuwatt
720.425.4551
simuwatt.com
255
Sprout Mortgage
410.736.1240
sproutmortgage.com
125
Swan Drafting & Surveying Services Inc
718.837.6800
swandrafting.com
169
Swig Equities LLC
212.508.7210
swigequities.com
Media
TBG Funding
917.873.1643
thebatterygroup.com
261
Temple View Capital
240.351.5434
templeviewcap.com
303
The Battery Group
718.705.9206
thebatterygroup.com
261
The Habitat Group
212.812.8436
thehabitatgroup.com
181
The Habitat Magazine
212.505.2030
habitatmag.com
181
The Note Assistance Program
315.622.8645
noteassistanceprogram.com
192
The Stoler Report
646.442.0717
thestolerreport.com
Media
Thrive
917.612.6170
thriveloud.com
Murray Hill
Unison
415.660.4975
unison.com
122
United Wholesale Mortgage
800.981.8898
uwm.com
111
Vanderblue/Higgins Group
203.259.8326
vanderblue.com
Media
Vassilaros Coffee
718.886.4140
vassilaroscoffee.com
301
VCorp Services
845.517.3905
vcorpservices.com
244
Visual Marketing Design
973.845.2448
vmdpros.com
239
VIZZI Edberg
201.272.1511
edbergsolutions.com
335
W42St Magazine
646.896.9562
w42st.com
Media
We Lend
212.257.3888
welendllc.com
Media
WexEnergy
585.213.5101
wexenergy.com
251
Yelp
212.377.6737
biz.yelp.com
149
Faster Than a Bank , Cheaper Than a Partner Paul Gallucci, Managing Partner Glen Gallucci, CEO/Founder
We Lend Money When Banks & Hard Money Lenders Can’t or Won’t!
PeakPrivateLending.com 319 Queen Anne Road, Teaneck, NJ 07666
(201) 836-7300
40 | N YC Real Estate E x po 2019
Floor Plan
R E A L E S TAT E E X P O 267 265 263 261 259 257
NY HILTON FLOOR PLAN
193 192 191 189
187 186 185
301
232 231 229 227 225 223 221
149 147 145 143 141 139 137 135 133
218 217 213 209 205 203 201
124 122 120 118 116 114 113 112 111
Exhibit Hall
RHEINLANDER GALLERY
220 219 215 211 207
125 123 129121125119 117 115 110
313 315 317
D
327
Lecture Hall M U R R AY H I L L West
335 337 339 341
Lecture Hall
345 347 349
L
C
329
343
I
K
ILLUSTRE VIDEO
GRAMERCY West East
325
333
109
J
G
323
331
107
RHEINLANDER GALLERY
H
Lecture Hall
321
105
Exhibit Hall
311
319
103
R E G I S T R AT I O N
310
167 165 163 161 159 157 155 153 151
M U R R AY H I L L East
B
A
S IG N IN
309
244 243 241 239 237 235 233
101
CE
307
183 181 178 177 175 173 171 169 168
CHARTER SCHOOL
305
256 255 253 251 249 247 245
M E D I A TA B L E
303
213 | 5 Ar 243 | Acto 327 | AFR 329 | AFR 191 | Alph 232 | Altic 121 | Aria 186 | A.S. 187 | A.S. 251 | Asse 347 | Barr 349 | Barr 305 | Bars 247 | Bev 253 | Brow 345 | Brun 333 | Bus 193 | Cap 110 | Cath I & J | Ch 245 | Cha D | Cha 101 | Chu 103 | Chu 168 | Chu 113 | Citib 215 | Citiz 120 | CK C 244 | Clos 325 | Com 337 | Con 165 | Con 227 | Con 203 | Core 207 | Cros 235 | Disr 169 | Effo 167 | Eme 139 | Emi 217 | Ene 125 | First 143 | First 114 | Flus 201 | Free 221 | Geo K | God 163 | Goe G | Hals 181 | Heig 175 | Hor F|G|H| 239 | Imp 116 | In-S 343 | JS P 317 | Just 115 | Kara 117 | Kara 257 | KEB 189 | Ken 118 | Key 155 | KOW 341 | KW 147 | Leg 149 | Leg 263 | Leve 225 | Leve 335 | Life 137 | Mar 333 | Mas 185 | Maz
N Y C R e a l Es t a t e Ex p o 2 0 1 9 | 4 1
Exhibitor Listing 213
5arch
107
HGAR
F
Pentagontech
317
Above Remodeling Corp
341
Ignition Institute
165
Point Acquisitions
135
Aegis Energy Services Inc
J
Illustre Multimedia
345
Ponce De Leon Mortgage
327
afr Furniture
114
Investors Bank
217
Premier Commission
329
afr Furniture
223
IXACT Contact Solutions Inc
113
Pro Service Environmental
247
Alpha Funding Solutions
168
Kaleo Marketing
183
Procida Funding & Advisors
235
Apartments.com
K/L/M
Karako Custom
233
Property Shark
175
AREAA
133
Keller William Realty / Gold Coast
309
Qualia
189
ASAP Mortgage, Corp
243
Kennedy Funding Financial
Media
Queens Properties
A
AT&T
118
KCMI Capital
153
Quontic Bank
Media
Avison Young
Murray Hill Kinetic Spark Consulting
263
Radiator Labs
265
B&L Testing & Balancing
155
KOW Building Consultants
333
RARE
301
bluemercury
Media
LandLoards NY
177
RCG Mortgage
Media
Broker Pulse
315
LeasingREality
205
ReadyCap Commercial LLP
343
Business Anatomy
229
Lending Home
331
Real Estate Weekly
178
Capital Distribution LLC
135
Lending One
141
Realty Executives International
319
Carson
209
Logical Buildings
220
Rehab Cash Now
110
Cathy Hobbs Design Recipes
I
Luxian International Realty
159
Ridgewood Saving Bank
305
Cherry Wood Mortgage
193
M2 Trust Services
105
RISMedia
215
Citizens Bank
Media
Mann Report Publication
119
Romer Debbas LLP
120
ClickPay
163
Maspeth Federal Savings
145
ROOS Advisors
323
Commercial Observer
313
Massimo Group LLC
187
Sales Dialers
256
Con Edison
Media
MBA of NJ
157
Sharestates
143
Corevest American Finance
201
MDS Property Management Software
255
buildee powered by simuwatt
235
Costar Group
121
Mercury Capital
125
Sprout Mortgage
207
Crossriver Bank
112
Meridian Capital
169
Swan Drafting & Surveying Services Inc
191
CSG Attorneys at Law
Media
Metropolitan/Airport News
Media
Swig Equities LLC
221
DesignBlendz
Media
Michael Stoler Television
261
TBG Funding
115
Dividend Digital
231
MNY - Innovation
303
Temple View Capital
117
DMG Investments LLC
113
Mold Authority
181
The Habitat Group
335
EDBERG Solutions
103
Multiple Listing Service
181
The Habitat Magazine
116
Einbinder & Dunn LLP
257
Nespresso
192
The Note Assistance Program
167
Emerald Creek Capital
Media
Media
The Stoler Report
139
Emigrant Mortgage Company
New Jersey Builders Association Atlantic Builders Convention
253
Emme Controls
161
New York Life Insurance Company New York Lifestyles Magazine
Unison
Energy Technology Savings
Media
122
209
Engel & Voelkers
New York MLS
United Wholesale Mortgage
151
103
111
Vanderblue/Higgins Group
Entrust Group
Next Generation Trust Services
Media
301
186
VCorp Services
Exp Realty
NMP Media Corp
244
232
337
NTN/National Tenant Network
Visual Marketing Design
Express Capital Financing
241
239
325
Family First Funding
NYREJ (New York Real Estate Journal)
VIZZI Edberg
307
339
335
W42St Magazine
First Fidelity Brokerage, Inc
NYSAR
Media
211
109
We Lend
First Rehab Lending
O&S Insurance Brokerage Group
Media
203
245
Observer Media Group
WexEnergy
Frenkel & Company International Inc
323
251
Media
Geodata Plus LLC
OneKey MLS
Yelp
Media
103
149
185
Peak Properties LLC
Murray Hill Thrive
New York
Connecticut Connections
Creating
New Yorkers are moving to Connecticut. It’s a fact. Whether for a suburban lifestyle, schools, a second home on the water or in the country...it is happening. CT buyers are moving to NY. In droves. Kids are grown, they are tired of commuting, or they just want a change in lifestyle. The Vanderblue Team offers experts in every arena...First Time Buyers, Luxury, Equestrian, Waterfront, Seniors Division, New Construction...and more. We take care of your clients for life and send you business in return. Making money together while helping people. A Win Win for all! Reach out and ask about our special NYC -CT Connection referral package!!
Our referral fees are higher than average and our success rate is beyond compare.
Marketing Connecticut at the Highest Level ... Floria Polverari
Kim Vartuli
203-615-3170 203-258-3797 Floria@Vanderblue.com KimV@Vanderblue.com
“In my 20 years of Real Estate, I have learned that the only way to offer the HIGHEST value to our clients is to surround ourselves with a team of professionals who are dedicated to excellence.”
Christine Magliocco
Nanci Lewis
203-521-8002 646-623-2309 Christine@Vanderblue.com Nanci@Vanderblue.com
Julie Vanderblue
CEO, The Vanderblue Team President, Higgins Group Real Estate Julie@Vanderblue.com 203-257-6994
Wanda Weber
Lori Auerbach
646-620-6228 Wanda@Vanderblue.com
646-734-3514 Lori@Vanderblue.com
Vera Maximin
Laurie Quatrella
Erica Wilson
203-243-4841 Vera@Vanderblue.com
203-615-3301 Laurie@Vanderblue.com
860-810-7244 Erica@Vanderblue.com
Ed Zislis
Michael Jabick
Chris Sinatra 203-984-7907 Csinatra@Vanderblue.com
- The Vanderblue Team Ranked Top 1% in the Nation by WSJ!
203-550-0666 203-767-9844 EdZislis@Vanderblue.com Mjabick@Vanderblue.com
Kelsey Keating
Brandy Hall
203-679-9770 203-685-9379 Kelsey@Vanderblue.com Brandy@Vanderblue.com
Lisa Migliardi 203-561-7871 Lisa@Vanderblue.com
Mariana Patrone
Dee Dee More
Antonio Stella
Ian O’Malley
Ellen McNees
203-216-0836 Ian@Vanderblue.com
203-451-5121 ellenm@Vanderblue.com
203-219-0839 203-218-5606 DeeDee@Vanderblue.com Antonio@Vanderblue.com
Linda Stone
Sharon Montesanti
917-640-7517 203-522-9939 916-956-1817 Mariana@Vanderblue.com Linda@Vanderblue.com Sharon@Vanderblue.com
“I have referred both buyers and sellers to The Vanderblue Team. My clients have always been extremely happy, and my commission check, always on time!”-Broker/Owner Larry V.
Olivia Heffernan 203-640-1076 Olivia@Vanderblue.com
203-259-8326 VANDERBLUE.COM
Blanca DeJesus 203-919-0887 blanca@Vanderblue.com
SELL MORE INVESTMENT PROPERTIES & INCREASE PROFITS WITH A REAL ESTATE IRA
Chances are, most of your clients have an IRA for their retirement savings, which can be used to invest in real estate. With the help of a Real Estate IRA, you could sell more investment properties using your existing database and repeat business. Stand out from the competition by educating yourself about Real Estate IRAs and become a valuable resource for your clients.
Download our guide and learn how to grow your business TheEntrustGroup.com/NYC-expo
Your Direct Source for Flexible Small-Balance Commercial Lending
MULTIFAMILY • MIXED-USE • OFFICE • LT. INDUSTRIAL/WAREHOUSE RETAIL • SELF-STORAGE • MOBILE HOME PARKS • 1-4 UNIT RENTAL PROPERTY
800.819.4199 | info@cherrywood.com | www.cherrywood.com ©2018 Angel Oak Companies. All rights reserved. ©2018 Cherrywood Mortgage, LLC. All rights reserved. ©2018 Cherrywood Mortgage Corporation. All rights reserved. Cherrywood Mortgage, LLC is licensed in California as a finance lender under the California Finance Lender Law, License 60DBO91129. Cherrywood Mortgage Corporation is a broker licensed corporation in California, License 02071375. Information is intended for Mortgage Professionals only and not intended for consumer use as defined by Section 1026.2 of Regulation Z, which implements the Truth-In-Lending Act. Distribution to the general public is prohibited. Loan programs and rates described herein are subject to change without notice and are subject to Cherrywood Mortgage, LLC’s underwriting guidelines and all applicable federal and state rules and regulations. Lending not available in the following states: ND, SD. Other conditions may apply. Cherrywood Mortgage, LLC broker approval required prior to loan funding.
PRIVATE MARKET COMMERCIAL & RESIDENTIAL PRIVATE MARKET COMMERCIAL & RESIDENTIAL FLOOD INSURANCE SOLUTIONS FLOOD INSURANCE SOLUTIONS • • • • • •
• Reduce Flood Premiums by 30% ‐ 50% No Certificated Needed! Reduce Flood Premiums by 30% ‐ 50% •• Elevation Lender Compliant, AM BEST “A” Rated Reduce Flood Premiums by 10% ‐ 40% from NFIP or other Private Markets Lender Compliant, AM BEST “A” Rated •• Add Replacement Cost, Business Income and Ordinance Coverage Lender Compliant, AM BEST “A” Rated, Exclusive to FRS Add Replacement Cost, Business Income and Ordinance Coverage •• Individual locations to schedules of $5B considered Add Replacement Cost, Business Income and Ordinance Coverage Individual locations to schedules of $5B considered •• Custom flood solutions for entire Portfolio’s Custom flood solutions from individual locations to entire Portfolio’s • All Flood Zones, including A & V Custom flood solutions for entire Portfolio’s • All Flood Zones, including A & V • All Flood Zones, including A & V We work with insurance brokers nationally We work with insurance brokers nationally BRENDAN MOELLER Managing BRENDANDirector MOELLER Office (813) 336-8226 X1824 Managing Director Main FLOODX1824 Office(833) (813)US 336-8226 Mobile (862) 452-5181 Main (833) US FLOOD bm@FloodSol.com Mobile (862) 452-5181 bm@FloodSol.com
ENGAGING THE GLOBAL FUTURE NOV EMBER 4, 2019
GLOBAL
NEW YORK MARRIOTT MARQUIS 1 5 3 5 B R O A D WAY, N E W Y O R K , N E W Y O R K
REAL ESTATE SUMMIT NYC 2019 CONFERENCE AND EXPO
WHO SHOULD ATTEND: B ROK ERS, AG E N T S, D E V E LO PE R S, B U I L D E R S, I N V E S TO R S A N D PRO F E S S I O N A L S I N A F F I L I AT E D I N D U S TR I E S
TO REGISTER, SPONSOR & FOR MORE INFORMATION: GLOB A LR E A L E S TAT E N YC .CO M
HUDSON GATEWAY ASSOCIATION OF REALTORS
Choosing the right real estate CRM for your business can be a challenge
We’ve created and updated this handy checklist to help you choose the real estate CRM and marketing automation system that checks off all the right boxes.
Visit our website to download your free copy of our CRM Buyers Checklist at www.ixactcontact.com!
If you have questions about getting started with IXACT Contact, please call us at 1-866-665-0018, email us at info@ixactcontact.com
12:30 PM Oct 24 Murray Hill East Room NY Hilton
Book Out Now
Dr. Kathryn Ritchie will deconstruct a live brokerage and demonstrate how to transform it into a super-brokerage One on one consulting/diagnosis slots available for free after session ends
Burke Smith CEO, Realty One, San Diego Broker, master coach, speaker
Dr. Kathryn Ritchie Founder, Ignition Institute Master facilitator, strategy execution
MNL
Oct 26th & 27th, 2019 • Manhattan Plaza Saturday & Sunday • 400 West 43rd Street, NY, NY
Mortgage Note Lab
New York & LA
Creating a streamlined view of mortgage note investing.
Join the Movement
Discover How To Buy, Sell & Profit
from 1st Position Non-Performing Notes noteassistanceprogram.com
(855) 541-6683
Schedule Your Service Now!
Mold Authority is The #1 Choice In Mold Testing
MOLD
ASBESTOS
800-649-6653
LEAD
moldauthority.com
IAQ
A smart alternative to conventional financing
Power Up with Sustainable, Reliable, Cost-Cutting Energy Our innovative Combined Heat and Power (CHP) turnkey systems deliver efficient, economically sound and environmentally friendly Heat + Power to buildings just like yours.
Contact us for a free energy assessment.
55 Jackson Street, Holyoke, MA 01040 877.903.5170 • AegisCHP.com
www.emeraldcreekcapital.com
1908159_AE-NYCRealEstateAd.indd 1
COMMERCIAL REAL ESTATE INSURANCE BROKERS •
Comprehensive policy marketing and placement services
•
Natural catastrophe modeling -- flood, windstorm, earthquake
•
Best practices advice on individual unit owner policy requirements to prevent under-insurance in the event of a loss
•
Property and limits valuation studies
•
Expertise and advice regarding Association Directors & Officers, Employment Practices, Cyber and Crime insurances
AVAILABLE FOR ALL YOUR COMMERCIAL REAL ESTATE INSURANCE NEEDS ADAM GAPP, PRINCIPAL 201.356.0042 adam.gapp@frenkel.com
4x5
Bridge loans up to $50,000,000 Rates starting at LIBOR + 500 Funding in 1 - 2 weeks No prepayment penalty
8/29/19 2:10 PM
The The 38 38thth Regional Regional Conference Conference of of MBAs, MBAs,April April 19 19 -- 23, 23, 2020, 2020, Harrah’s Harrah’s Convention Convention Center, Center,Atlantic Atlantic City, City, NJ NJ
using technology to increase your compliance and profitability. Avoid confusion by having the experts explain the latest advances in technology and how to use them to your advantage at the 2020 Regional Conference of MBAs, April 19th 23rd. An important program that can alter the future course of your business is being planned that will include a special section of our famous exhibit hall where attendees can test the latest technological innovations tailored to mortgage loan originations. Our residential program will cover the latest in CFPB enforcement actions and any new and amended rules, LO Compensation, the GSE’s, FHA, HMDA, UDAAP, Fair Lending and other topics of critical interest to the industry. The Regional will also address the 2020 Presidential Election and its current and future impact on the mortgage industry. And Watch For Our Commercial Mortgage Lending Program Announcement, Coming Soon Visit www.mbanj.com
GET A S N E A K P E E K AT T H E
H I G H LY A N T I C I PAT E D
DOMINO SUGAR FAC TO RY SITE REDEVELOPMENT, TEN GRAND ST R E E T
LIMITED T IC KE TS R E M A I N AT $ 249. REG I ST ER NOW AT COMMERCI ALOBSERV ER .COM/ BQFORU M SPEAKERS
THURSDAY, OCTOBER 31, 2019 7:30 AM - 10:30 AM
MODERATOR
TEN GRAND STREET BROOKLYN, NY Brooklyn and Queens are dynamic boroughs thriving with opportunity, seen both in profit from their appeal as tech hubs as well as livework-play environments – a model that has brought many start-ups and reinforced investors’ confidence in them. As new development and investment in the boroughs surge, owners are finding innovative ways to lure Manhattan-based firms across the bridge. While prime locations like Downtown Brooklyn and Long Island City have seen historically high leasing activity, some corridors are grappling with a market correction. What’s ahead for these ever-evolving boroughs? Join Commercial Observer as our experts discuss the emerging trends that will impact the Brooklyn and Queens market, including: • How Brooklyn and Queens owners are luring Manhattan tenants
GABBY COHEN SVP of Brand, Communications and Business Development Rent the Runway
MARYANNE GILMARTIN CEO L&L MAG
ADAM HESS Senior Managing Director Meridian Investment Sales
MORRIS B. JEROME Principal JEMB Realty Corporation
STEPHEN PREUSS Vice Chairman, Capital Markets Cushman & Wakefield
CHRISTOPHER SCHLANK Managing Partner Savanna
JED WALENTAS CEO Two Trees Management Co, LLC
JONATHAN MECHANIC Partner & Chairman, Real Estate Dept. Fried Frank
MICHAEL ZETLIN Senior Partner Zetlin & De Chiara LLP
• The latest leasing and sales activity • New developments projects coming to market • Transportation and infrastructure updates important to the growth of the boroughs • How the market is responding to the growing demand in flexible office space • And more!
SPONSORS
HOSTED BY
LOOKING TO REACH THIS AUDIENCE?
For speaking or sponsorship information contact advertising@commercialobserver.com
The Commercial Real Estate Media Source August 6 - 19, 2019
Volume 31 • Issue 15
Quick Read Meridian sells two Bronx multifamily properties for $21m
961,800 S/F PROPERTY LOCATED IN A QUALIFIED OPPORTUNITY ZONE
SEE PAGE 16A
HealthAlliance gains approval for $92.9m hospital transformation
JLL closes $30.05m sale for Ten-X; Douglas Development Co. is buyer AMHERST, NY JLL has closed the $30.05 million sale of Boulevard Mall, a 961,800 s/f, super-regional
SEE COVER OF SECTION B
Douglas Elliman arranges four sales totaling $4.287m
SEE COVER OF SECTION C
Rochester’s Cornerstone Grp. and CPP upgrade Cedarwood Towers
Jose Cruz
Kevin O’Hearn
mall within a Qualified Opportunity Zone located at 730 Alberta Dr. An adjacent Wegmans grocery store was included in the transaction for
Berg and Shamel of GFI handle Williamsburg multifamily sale: $6.3m
$6 million. JLL marketed the property in conjunction with Ten-X on behalf of the seller. Douglas Development Co. was the purchaser. The JLL Capital Markets team included senior man-
aging directors Jose Cruz and Kevin O’Hearn, managing director Claudia Steeb, senior director Michael Oliver and real estate analyst Ryan Robertson. “We were very pleased with the
Newspaper
overall investment markets reaction to this offering,” Cruz said. “The demographics, property location and upside in the mall combined with Wegmans helped to drive investor demand for the assets.”
BROKERS: GABRIEL, BERNHAUT, MACDONALD AND D’AVANZO OF C&W
Milvado Property Group buys Syosset properties for $18.7 million
SYOSSET, NY Milvado Property Group
has acquired 6801 and 6901 Jericho Tpke. for a combined purchase price of $18.7 million. The two office buildings, totaling 224,309 s/f, are in Nassau County. The buildings are located at the convergence of the Long Island Exwy., Northern State Pwy. and Seaford-Oyster Bay Ewy., providing access to Long Island destinations and to the five boroughs of New York City. In addition, the property is close to the Syosset LIRR station,
& Wakefield’s (C&W) Gary Gabriel and his team, David Bernhaut, Andrew MacDonald, and Phil D’Avanzo. “These are two superior properties that belong in our portfolio,” said David Hercman, director of asset management for Milvado. “They are centrally located to major highways and within easy reach of the Long Island Railroad, making these buildings very attractive to current and future tenants.” To comment on this story visit nyrej.com
20,000+ weekly readers
SEE COVER OF SECTION D
4 Sections 88 Pages
R. Santomassimo ...............................2A Question of the Month......................8A Opportunity Zones ...........................10A Billboard .............................................17A ODM .............................................. SEC. B SPOT/Ask the Experts ................7-14B Long Island .................................. SEC. C SPOT/Professional Services .... 5-11C Property of the Month ...................8-9C Upstate ........................................ SEC. D Project of the Month..................... 8-9D
New York Real Estate Journal nyrej.com
GFI Realty Services, LLC completed the $6.3 million sale of 56 Frost St., a newly construct-
BROOKLYN, NY
Sasha Berg
Yehoshua Shamel
ed four-story walk-up, eight-unit multifamily property located in the Williamsburg neighborhood. GFI Realty associate Yehoshua Shamel represented the seller, a local investor, and Sasha Berg, also of GFI Realty represented the buyers, Alex Beer and Matthew Beer.
6901 Jericho Turnpike - Syosset, NY
and less than 30 minutes from JFK, LaGuardia, and MacArthurAirports. The sale was brokered by Cushman
Dagar Group is leasing/managing agent for Heritage Executive Suites HOPEWELL JUNCTION, NY Heritage Executive Suites (HES) is a new concept unique to Dutchess County which offers furnished, individual office suites with shared amenities. HES is located at Heritage Sq. a two-story, three building mixed-use complex located at 2537 Rte. 52, and is owned by Heritage Fusion
Realty, LLC. According to David Livshin, president/CEO of The Dagar Group Ltd., the exclusive leasing and managing agent, the all-suites concept was created in response to a need. “Over the last several years, we continually have received requests for a more affordable option of work space
from companies and individuals. By creating HES, we have addressed that need with office space ranging in size from 86 s/f up to 688 s/f. Currently, we have 43 of 45 suites occupied by professionals in a variety of fields including legal, real estate, consultants, IT, HR, accounting, investments and health related advisors.” August 6 - 19, 2019 Section B
Owners, Developers & Managers
Quick Read ANYCH, CCNY and NYCHPD top out 319-unit 932 Bryant
TO FEATURE 79,000 S/F NEW BUILDING AND 48,000 S/F RENOVATION
SEE PAGE 2B
Ingrao-designed residential amenities unveiled at 35 Hudson Yards
SEE PAGE 4B
Gamco Corp. supplies 28 custom skylights for Kasmin Gallery
PAGE 6B
24 Pages Executive of the Month ..............5B Ask the Experts ......................7-14B Professional Profiles................ 16B PWC.............................................. 17B
New York Real Estate Journal nyrej.com
HealthAlliance gains approval for $92.9m hospital transformation KINGSTON, NY After a review of plans
to transform healthcare delivery in Ulster County and surrounding Hudson Valley communities, the NYS Department of Health (DOH) has granted full project approval to HealthAlliance of the Hudson Valley (HealthAlliance), a member of the Westchester Medical Center Health Network (WMCHealth), for the expansion and enhancement of its hospital on Mary’s Ave. The DOH approval of HealthAlliance’s Certificate of Need application is the latest and final administrative milestone for the $92.9 million project. “On behalf of HealthAlliance and WMCHealth, I would like to thank NYS for its support of this important project,” said Michael Israel, president and CEO, WMCHealth. “When completed, the transformation of the HealthAlliance Hospital on Mary’s Ave. will enable HealthAlliance to deliver an even higher level of care, locally, through enhanced facilities and services, world-leading healthcare technologies and new programs. We’re glad NYS shares our vision for a healthier community.” The new HealthAlliance Hospital will feature the addition of a new, two-story, 79,000 s/f building adjoining the current facility, and a full renovation of 48,000 s/f within the existing hospital. Key components of the new 175bed facility will include a newly constructed 25,000 s/f emergency care center that will incorporate special services for cardiac observation and behavioral health; a newly constructed 10-bed ICU, along with a six-bed medical “stepdown” unit, providing an intermediate level of care between the ICU and the new hospital’s medical-surgical wards. Nearly all of the patient rooms will be private. The new HealthAlliance Hospital will also feature a newly constructed birthing center with ultramodern labor, delivery and postpartum rooms. The building will have a new imaging department and fully remodeled centers for ambulatory surgery, infusion therapy and endoscopy. A new hospital lobby with central registration and admitting, financial counseling, family support services, a
Rendering of WMC HealthAlliance Hospital - Kingston, NY retail pharmacy, a gift shop and waiting areas is another of the hospital’s planned amenities. “The design of the new, high-tech, HealthAlliance Hospital will focus on patients and families. In short, practically every design feature furthers the goal of providing the highest-quality medical treatment for patients and a highly functional environment for our medical providers and support staff,” said Robert Ross, executive VP, northern region, WMCHealth. “We are excited by the potential of this project and the positive impact it will have on our community.” Preparations for the Mary’s Ave. project are already underway with a construction start date to be determined. “NYS’ endorsement of the Mary’s Ave. project puts Kingston and Ulster County on a course for an exciting healthcare future. This final approval of our plans will permit HealthAlliance to transform our community hospitals, currently on two campuses, into a 21st century, single-campus model of first-class healthcare delivery,” Ross said. The current HealthAlliance Hospital on Broadway in Kingston will be converted into a medical or “health village” – a focal point for the area’s outpatient healthcare and related needs – after patient care services at Broadway are relocated to the new Mary’s Ave. site. On the reimagined Broadway campus, HealthAlliance will collaborate with community partners in the “health village” to
provide preventative and primary care services in one convenient destination. The combined projects on Mary’s Ave. and Broadway, known as the Healthy Neighborhood Initiative, are expected to cost $134.9 million, with $88.8 million of the completion cost stemming from the NYS Capital Restructuring Financing Program. The balance will from come from WMCHealth, HealthAlliance and a capital fundraising campaign.
Investing in the health of the Hudson Valley The HealthAlliance Hospital project is just one of several investments by WMCHealth into the health and well-being of Hudson Valley residents. For example, a $40 million expansion and enhancement of Bon Secours Community Hospital, a member of WMCHealth, in Port Jervis is already underway and recently, Westchester Medical Center, the flagship of WMCHealth, cared for its first patients in the adjacent, 280,000 s/f Ambulatory Care Pavilion.
Icon Realty tops out Beckford House & Tower projs. Beckford House and Tower – one of the Upper East Sides’ most anticipated new residential developments is now officially topped out. The buildings were designed by Studio Sofield and SLCE Architects and are being developed by Icon Realty Management. Beckford Tower, located at 201 East 80th St., recently began installing the window glass, and Beckford House, located at 301 East 81st St., will begin installations soon. The exterior brick and stone curtains are also rapidly rising and will be fully completed by end of the summer. These architectural projects will be the newest residential offerings of their kind in the neighborhood and on 2nd Ave. Beckford Tower will contain 72 homes ranging in one to six bedroom residences, while Beckford House will offer 32 homes ranging from two to five bedroom residences. MANHATTAN, NY
301 East 81st Street - Manhattan, NY Each building will feature a collection of amenities including a swimming pool, basketball court, fitness and yoga center, children’s playroom and roof deck.
e-Newsletter
nyrej.com
2,200 opt-in subscribers. Recaps breaking news, exclusive features, market trends and professional profiles from nyrej.com
24,000+ visitors per month. Access breaking news and archived content from 2008 to the present.
Digital Edition
Hot Property Alert
Search, share and view newspaper archives from 2010 to the present.
4,600+ opt-in subscribers. Income producing properties for sale in NY & NE are featured in a dedicated email with images, links and pdf attachments.
Kristine Wolf, Publishing Director | Tel: 781-878-4540 | Outside Mass.: 800-654-4993 | kwolf@nyrej.com | nyrej.com
The average subscriber spends 42 minutes reading each issue. When we get read, you get read.
60 Serving the industry for
YEARS
Real Estate Weekly provides a product that has created a trusted and respected environment for advertisers 20 West 22nd Street, New York, New York 10010 or visit our web site: REW-ONLINE.COM
212-777-6611
3
1
2
4 5 6
Automate Your Social Media RISMedia’s ACESocial (Automated Content Engagement) branded content helps you resonate on social media, automatically delivering your expertise to your followers, every day and with every post. • Consumer-focused real estate and lifestyle posts, including articles, infographics and professionally produced videos • Automated distribution to your social media sites (Facebook, LinkedIn, Twitter) and website • Your branding (logo, headshot, URL, and more) on all content landing pages • MLS listings on your landing page, complete with lead generation form Content distributed through ACESocial includes: 1
Agent/Broker Name
3
Brokerage Logo
5
Website URL
2
Headshot
4
Contact Information
6
Property Listings
As low as $29.96/month* Additional pricing options for team and company-wide solutions available. * Annual prepaid plus free trial
For more information, visit rismedia.com/acesocial or contact ace@rismedia.com or (203) 855-1234 ext. 1.
Mann Publications CHECK OUT OUR RESPONSIVE AND INTERACTIVE DIGITAL EDITIONS ON AT
www.mannpublications.com
SEPTEMBER
SEPTEMBER 2019
SE P T E M BE R 2 019
Managing the Evolving, Tech-Driven Residential World
• • •
THE INTERNATIONAL
ISSUE
New York Miami Los Angeles
NEW YORK LOS ANGELES MIAMI
THE PEOPLE BEHIND THE DEALS IN THE NY REAL ESTATE SCENE
New York Los Angeles Miami
THE
FALL
FASHION ISSUE
AN INSIDER’S VIEW OF THE
IDB FACTORS IT’S PERSONAL
FASHION INDUSTRY
THE CLOSER
MARKETING STARS
Daniel S. Roshco, Esq.
Cara Faske, Diana Riser and Madelyne Kirch
Bespoke Service, Unparalleled Results
PACE AND SUN & MOON JOIN FORCES
Mark Reiner, Jason M. Goldberg, Vinita Ramnani
For advertising rates and packages call Penelope Herrera at 212.840.6266 ext. 313 or email pherrera@mannpublications.com
NEW CANAAN, CT I $4,995,000 I MLS#170196451 Jack Horstmeyer, 203.536.5106
FAIRFIELD, CT I $4,250,000 I MLS#170185797 Al Filippone Associates, 203.964.7450
FAIRFIELD, CT I $2,990,000 I MLS#170130412 Al Filippone Associates, 203.285.1595
NAPLES, FL I $2,785,000 I MLS#219008230 Michael Pagliccia, 239.250.3556
NAPLES, FL I $2,575,000 I MLS#219040694 C. Resop, 239.231.6164/J. Caveney, 978.549.9195
WESTPORT, CT I $2,350,000 I MLS#170171606 Faith Schachne, 203.858.9876
Chappaqua School District FAIRFIELD, CT I $2,250,000I MLS#170172911 Al Filippone Associates, 203.209.0870
FAIRFIELD, CT I $1,595,000I MLS#170100839 Al Filippone Associates, 203.209.0870
MT KISCO, NY I $1,495,000 I MLS#4917284 Donna Nikic, 914.420.7796Chappauqa School
WILTON, CT I $1,425,000 I MLS#170166957 Julie Carney Homes, 203.451.9966
WILTON, CT I $1,399,000 I MLS#170195832 Irene Przybysz, 203.984.2136
NORWALK, CT I $1,375,000 I MLS#170149012 Jennifer Gurnell, 860.227.1212
MIDDLEBURY, CT I $1,324,000 I MLS#170113819 The Matthews Group, 860.868.0511
WASHINGTON, CT I $1,075,000 I MLS#170102524 The Matthews Group, 860.868.0511
MORRIS, CT I $950,000 I MLS#170187802 The Matthews Group, 860.868.0511
Smart money not hard money
TBG FUNDING
YOUR PREMIER SOURCE FOR REAL EState bridge loans · Direct Lender
· Term Sheets issued same day
· All property types
· Streamlined Process
· Loans from
· Deal with same team from
For submissions please contact
$250,000-$20,000,000
JOEL GOLDBERGER
joel@thebatterygroup.com Tel: 718-705-9203
· All markets
Application to Payoff
ELI KARMAN
eli@thebatterygroup.com Tel: 718-705-9306
MICHAEL MIRSKY
michael@thebatterygroup.com Tel: 410-231-7750
MEIR KRENGEL
meir@thebatterygroup.com Tel: 718-705-9206
PINNY KOFMAN
pinny@thebatterygroup.com Tel: 718-705-9309
THETHE UNIQUE BOUTIQUE MORTGAGE EXPERIENCE UNIQUE BOUTIQUE MORTGAGE EXPE RIENCE THETHE UNIQUE EXPERIENCE UNIQUEBOUTIQUE BOUTIQUE MORTGAGE MORTGAGE EXPERIENCE
THE UNIQUE BOUTIQUE MORTGAGE EXPERIENCE MOST 25 THE UNIQUE BOUTIQUE MORTGAGE EXPERIENCE OVER 40 COMPETITIVE YEARS ACCESS TOTO MOST ACCESS NATIONWIDE LENDERS RATES IN THE INDUSTRY 25 MOST EXPERIENCE 25 ACCESS TO MOST
Photography
ACCESS TO
25 COMPETITIVE COMPETITIVE YEARS YEARS OVER 40 COMPETITIVE NATIONWIDE LENDERS RATES THE INDUSTRY ACCESS TO YEARS NATIONWIDE LENDERS RATES ININTHE INDUSTRY MOST EXPERIENCE EXPERIENCE 25 NATIONWIDE LENDERS RATES IN THE INDUSTRY EXPERIENCE OVER 40 WE WORKYEARS FOR YOU, NOT THE COMPETITIVE LENDER! OVER 4040 OVER
NATIONWIDE LENDERS IN THE INDUSTRY 10-30 Year Fixed Rates • ARM’s EXPERIENCE • VA • FHA • USDA • RATES Jumbo Loans • Cash Out Refinancing
WE WORK FOR YOU, NOT THE THE LENDER! WORK FOR NOT LENDER! enovation Loans Homestyle, FHA WE 203k •WORK Construction Loans Bank Statement Programs • Investment Programs WE FORYOU, YOU, NOT •THE LENDER! 10-30 Year Fixed Rates • ARM’s • VA • FHA • USDA • Jumbo Loans • Cash Out Refinancing 10-3010-30 YearYear Fixed Rates • ARM’s • VA USDA JumboLoans Loans Cash • Cash Refinancing Fixed Rates ARM’s • VA• •FHA FHA••Loans USDA•••Bank Jumbo OutOut Renovation Loans Homestyle, FHA• 203k • Construction Statement• Programs •Refinancing Investment Programs WEFHA WORK YOU, NOTLoans THE LENDER! Renovation LoansLoans Homestyle, FHA 203k •FOR Construction BankStatement Statement Programs • Investment Programs Renovation Homestyle, 203k • Construction Loans •• Bank Programs • Investment Programs
Videos Matterport Tours Property Websites
www.vmdpros.com 973-845-2448 VISIT OUR WEBSITE TO SIGN UP AND RECEIVE
Floor Plans
10-30 Year Fixed Rates • ARM’s • VA • FHA • USDA • Jumbo Loans • Cash Out Refinancing Renovation Loans Homestyle, FHA 203k • Construction Loans • Bank Statement Programs • Investment Programs
MORTGAGE BROKER SERVING NEW YORK, CONNECTICUT, NEW JERSEY, MASSACHUSETTS, PENNSYLVANIA & FLORIDA MORTGAGE BROKER SERVING NEW YORK, CONNECTICUT, NEW JERSEY, MASSACHUSETTS, PENNSYLVANIA & FLORIDA
MORTGAGE BROKER SERVING NEW YORK,CONNECTICUT, CONNECTICUT, NEW PENNSYLVANIA & FLORIDA Irene Amato, CEO | irene@asapmortgageinc.com | JERSEY, www.asapmortgageinc.com | 1-866-THINK-ASAP MORTGAGE BROKER SERVING YORK, NEW JERSEY,MASSACHUSETTS, MASSACHUSETTS, PENNSYLVANIA & FLORIDA Irene Amato, CEO | NEW irene@asapmortgageinc.com | www.asapmortgageinc.com | 1-866-THINK-ASAP Irene Amato, CEO 708 | irene@asapmortgageinc.com | www.asapmortgageinc.com | 1-866-THINK-ASAP 3rd 3rd Avenue, Office# CB149, NY 10017 708 Avenue,5th 5thFloor, Floor, CB149, NewNew York,York, NYPENNSYLVANIA 10017 MORTGAGE YORK, CONNECTICUT, NEW Office# JERSEY, MASSACHUSETTS, & FLORIDA IreneBROKER Amato,SERVING CEO | NEW irene@asapmortgageinc.com | www.asapmortgageinc.com | 1-866-THINK-ASAP
708 3rd Avenue, 5th Floor, Office# CB149, New York, NY 10017
Irene Amato, | irene@asapmortgageinc.com | ofof Financial www.asapmortgageinc.com |Banking, 1-866-THINK-ASAP 708 3rd Avenue, 5th Floor, Office# CB149, New NY A.S.A.P. Mortgage Corp. 2062 Cortlandt E. CEO Main Street, Cortlandt NY is a Registered Mortgage Broker – NYS Dept. Services. CT Dept. of Banking, FL Dept. FL ofYork, Banking, Dept. of10017 Banking & Securities, NJ Dept. of Banking NJ & Insurance, A.S.A.P. Mortgage Corp. 2062 E. Main Street, Manor, NY Manor, 10567 is a10567 Registered Mortgage Broker – NYS Dept. Financial Services. CT Dept. of Banking, Dept. ofPA PA Dept. of Banking & Securities, Dept. of Banking & Insurance, NMLS #4214 #MB4368. MAAll License Allthrough loans arranged through 3rd party providers. Company #4368, Cortlandt Manor NMLS #325538, #325538, Croton-on-Hudson NMLSNMLS #1554769, New YorkNew City NMLS White Plains NMLS #1140068 MA License loans#MB4368. arranged 3rd party providers. Company NMLS NMLS #4368, Cortlandt Manor NMLS Croton-on-Hudson #1554769, York #1705101, City NMLS #1705101, White Plains NMLS #1140068 A.S.A.P. Mortgage Corp. 2062 E. Main Street, Cortlandt Manor, 3rd NY 10567 is a Registered 5th Mortgage Broker – NYS Dept. of Financial Services. CT Dept. ofYork, Banking, FL Dept.10017 of Banking, PA Dept. of Banking & Securities, NJ Dept. of Banking & Insurance, 708 Avenue, Floor, Office# CB149, New NY NMLS #4214 MA License #MB4368. All loans arranged through 3rd party providers. Company NMLS #4368, Cortlandt Manor NMLS #325538, Croton-on-Hudson NMLS #1554769, New York City NMLS #1705101, White Plains NMLS #1140068
214
S #4214
A.S.A.P. Mortgage Corp. 2062 E. Main Street, Cortlandt Manor, NY 10567 is a Registered Mortgage Broker – NYS Dept. of Financial Services. CT Dept. of Banking, FL Dept. of Banking, PA Dept. of Banking & Securities, NJ Dept. of Banking & Insurance, MA License #MB4368. All loans arranged through 3rd party providers. Company NMLS #4368, Cortlandt Manor NMLS #325538, Croton-on-Hudson NMLS #1554769, New York City NMLS #1705101, White Plains NMLS #1140068 A.S.A.P. Mortgage Corp. 2062 E. Main Street, Cortlandt Manor, NY 10567 is a Registered Mortgage Broker – NYS Dept. of Financial Services. CT Dept. of Banking, FL Dept. of Banking, PA Dept. of Banking & Securities, NJ Dept. of Banking & Insurance, MA License #MB4368. All loans arranged through 3rd party providers. Company NMLS #4368, Cortlandt Manor NMLS #325538, Croton-on-Hudson NMLS #1554769, New York City NMLS #1705101, White Plains NMLS #1140068
Printable Brochures Virtual Staging Renderings
When placing your order be sure to mention NYCEXPO15 to redeem your offer.
Leading Lender to SFR Investors $6 Billion + In Loans Closed 40,000 + Units Financed
Low Rates. Quick Close. Certainty of Funds.
corevestfinance.com | 844.223.2231 Rental Property Loan
Bridge Loan | Credit Line
Build to Rent Complete
Individual properties or portfolios
Individual or multiple properties
From construction —> stabilization
$75k to $100M
$150k to $50M
$3M to $50M
Up to 75% of value
Up to 90% of cost
Up to 90% LTC —> 75% LTV
5, 7, 10 and 30 year terms
12 to 24 month terms
12 to 24 mths —> 5 or 10 yr terms
Celebrating 19th season
Celebrating 15th season
THE STOLER REPORT: NY BUSINESS REPORT
BUILDING NEW YORK: NY STORIES
The Stoler Report: NY Business Report, & Building New York: NY Stories, air on CUNY TV in NYC. Hosted by Michael Stoler President, New York Real Estate TV, LLC.
MICHAEL STOLER REAL ESTATE REPORT
Listen to Stoler weekends on 1010 WINS & WCBS 880
thestolerreport.com michaelstoler.com buildingnewyork.nyc peopleofnewyorkcity.com itunes.com youtube.com radio.com Airs on university, education& public access tv in New York, NJ, PA & Ct.
Market yourself all year long with custom video! Now you can promote your business with professional video on social media, email & YouTube.
Video start loving it
because you need it
Business Profiles | Commercials | Cable Spots | Event Wrap-up
Business Profiles | Commercials | Cable Spots | Event Wrap-up
V
ideo has become more and more valuable as a marketing and sales asset in recent years. In fact, it’s gotten to the point where if you’re
not using video in all of your marketing channels, you’re probably leaving money on the table. Putting money and effort into the production of video content can bring back amazing results both from the SEO and marketing perspective. ■ Attach to your Email Signature
(Great exposure on every e-mail you send) ■ Weekly, Bi-Monthly & Monthly Email Blasting
from NYC Network Group ■ Create a Video Library on YouTube,
Social Media & Website ■ Gift for a client ■ And more!
(914) 924-0354
www.nycnetworkgroup.com
Marketing all year long...
...we’re not just a one day show. Interested in being a part of the 2020 NYC Real Estate Expo marketing campaign?
Sign up early! Contact us today for information about all of our marketing opportunities... Anthony Kazazis akazazis@nycreexpo.com 646.210.2545
nycnetworkgroup.com
Multi-Family Loan Program Providing Investors in New York & Across the Nation the Financing They Need for 5+ Units See the Incredible Work Our Clients Have Completed with Funding From RCN!
5-UNIT APARTMENT
Yonkers, NY 12 Month Term
9.99% $535,500 Interest Only Purchase & Rehab Loan
BEFORE
100% 80% of Purchase Funded at Closing + of Renovation Costs Held Back in Draws Experienced investors were looking to purchase & renovate the subject property, a 5-unit apartment in Yonkers, New York. RCN Capital provided a short-term loan with funding for the purchase and rehab costs. The investors are holding the property as a rental.
Be Our Next Success Story, Apply Today. Visit RCNCapital.com \ Email Info@RCNCapital.com \
AFTER
Call 860.432.5858
RCN CAPITAL, LLC IS LICENSED AS A CALIFORNIA FINANCE LENDER UNDER DEPARTMENT OF BUSINESS OVERSIGHT LICENSE NUMBER 60DBO-46258. ARIZONA MORTGAGE BANKER LICENSE BK-0932325. OREGON MORTGAGE LENDING LICENSE: ML-5571; NMLS COMPANY ID: 1045656.