Ben Ashkenazy’s Ashkenazy Acquisition Corporation has successfully leased the retail portion of 800 Madison Avenue on Manhattan’s Upper East Side. This prime property, located among prestigious retailers on world-famous Madison Avenue, strengthens its status as […]
Bob Knakal is celebrating his 40th year anniversary being an investment sales broker in the New York City commercial real estate market. As of last week, Bob has brokered the sale of 2,339 properties in New […]
BK Real Estate Advisors, led by Bob Knakal, has appointed Seth Samowitz as COO. Renowned for his expertise in real estate and AI, Samowitz aims to enhance operational efficiency and integrate cutting-edge technologies in […]
In an era of booming AI and tech industries, Cogent Realty Advisors presents “Best Downtown NY Offices for Growing AI and Tech Companies,” a guide spotlighting top office spaces fostering innovation and collaboration in […]
Q1 2024 Manhattan Office Market Update: Insights and Trends Impacting Commercial Leasing The Manhattan office leasing market is undergoing significant shifts as we step into the first quarter of 2024. Mitch Waldman from Cogent Realty […]
In tackling the NYC housing crisis, US Commercial Lending recently engaged with Bob Knakal, a legendary New York City building sales broker renowned for his profound impact on the city’s real estate landscape. With a […]
The four major lenders are trading on an average, one-year forward price earnings multiple, a core way of measuring valuation in the equity market, of 15.9 times. This is well above the 10-year average of […]
Executives at Cullen/Frost Bankers, Bank OZK and BankUnited have all made favorable comments recently about credit quality in their banks’ commercial real estate portfolios. Adobe Stock As investors fret about how a downturn in commercial […]
Current 30-year jumbo mortgage rates were about 7.3% in December 2023, significantly higher than the low rates offered just two years prior. Jumbo rates are currently similar to those on 30-year conforming loans, which are […]
As the Fed hiked rates, commercial real estate borrowers suffered. A wave of borrowers defaulted on loans tied to commercial properties across L.A. and Orange County this year, as they struggled to make mortgage payments […]
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