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New York's Real Estate Finance Bureau

The real estate finance bureau processes most of New York’s new residential projects. Its office is packed with steel-gray cabinets stuffed with expanding file folders.


The real estate finance bureau is working to broaden its enforcement efforts and modernize its operations. That's a shift that could have major implications for condo developers and others who sell their homes in the state.

Arizona Journal of Real Estate & Business


1. Arizona Journal of Real Estate & Business

The Arizona Journal of Real Estate & Business is a monthly publication published by the Arizona School of Real Estate & Business that is distributed both locally and nationally to more than 200,000+ print & digital readers. The Journal has been in circulation for more than 30 years and is the only publication of its kind that contains information on the most current industry statistics, legal issues, interviews, success tips, legislation updates & other data of vital interest to the real estate & business industries.


2. AZRE: Commercial Real Estate Magazine

AZRE: Arizona Commercial Real Estate covers all aspects of the commercial real estate industry in the state, including brokerage, construction, investment, finance, architecture, property management and real estate law. Its readership includes the largest local and national commercial audience within Arizona, as well as beyond its borders. Designed to be the premier commercial real estate resource, AZRE’s coverage also reaches out to multiple trade associations and organizations.


3. William Gray and Associates, LLC

Bill Gray has more than thirty years of experience in the real estate and business education fields. He is a former President and CEO of the Arizona School of Real Estate and Business and has been a published author, teacher, lecturer, consultant, and speaker in the real estate and business field. He has authored several study aids and manuals to help students pass the real estate license exam. He has also been involved in real estate development projects and has worked with the state of Arizona on numerous real estate related educational projects.

GlobeSt


A highly touted and frequently consulted source of commercial real estate insight, GlobeSt is a leading trade publication that has garnered a reputation as the go-to resource for all things related to the industry. Their Best Places to Work program, in particular, is an annual occurrence recognizing organizations that excel in all areas of employee engagement, productivity and retention. Companies are evaluated based on a variety of factors including re-imagining workspaces, implementing new policies and offering opportunities with regard to diversity initiatives and family-friendly environments.


GlobeSt also boasts a number of other award-winning programs that are worthy of note. Their 2023 Debt, Equity and Finance Rainmakers award is a nod to the countless individuals and teams that have helped shape the commercial real estate industry over the years. Other accolades include a citation for one of the most successful real estate deals of all time and an honorable mention for a well-known real estate event series that has been around for more than 20 years. property finance broker

REI Ink


REI Ink is a comprehensive real estate finance bureau that covers every phase of a property’s life cycle, from acquisition to disposition. It also offers practical insights that will make a difference to investors, lenders and service providers involved in alternative investment strategies like notes, tax liens and REITs.


REI INK is a must-have resource for anyone in the real estate business. It offers viewpoints, cutting-edge information and data from the industry’s top leaders and influencers. It is the only publication that provides this type of coverage in an all-in-one format.


Besides covering the real estate business, REI Ink also takes a look at technology and innovation that affects the industry. For example, it has a section on AI and virtual reality, which could be useful to investors, lenders and other stakeholders.


It’s also a good source of information on local market trends. In fact, it’s one of the few publications that offers a database of all active real estate deals in the United States, including properties that have been sold and are awaiting financing.


This is especially helpful for investors who are looking to buy properties that have been recently sold, as they can compare the prices and terms of existing sales with those of new ones. It also aims to help them identify potential deals that may be of interest to them and their portfolios.


The best part about REI Ink is that it also contains an interactive section, which helps readers identify the most relevant content and resources based on their interests. The website also features articles, news and videos that are designed to educate and inspire.

The Real Deal


The real estate finance bureau is a unit of the New York attorney general's office charged with regulating the offer and sale of securities relating to cooperative interests in realty, condominiums, timeshares, homeowners associations, syndications and intrastate offerings. It is also tasked with the enforcement of Article 23-A of the New York General Business Law and the regulations under that law, including the Martin Act and regulations for real estate offering plans.


Its offices are stuffed with steel-gray cabinets that are so full of files they’re drowning in paper. In 2013, the real estate finance bureau processed 661 new projects valued at $20 billion.


In an effort to streamline the process, real estate brokers are able to submit offering plans electronically. This saves them time and money, according to Marc Kronman of Cape Advisors.


The real estate finance bureau also has a dedicated staff that reviews submitted offering plans. Its reviews focus on the accuracy of the information, and whether it meets the legal requirements outlined in the statutes that regulate the offerings.


As a result, many companies that submit offering plans have a high level of confidence in their work. In addition, the bureau’s submission and review processes have improved over the years, said John Meltzer of Meltzer & Associates.


But he noted that the real estate finance bureau is still susceptible to fraud. One type of fraudulent offering plan is co-op properties that really function as rental buildings with far more tenants than shareholders, he added.


The real estate finance bureau also has a reputation for missing construction defects that are found in market-rate condos. For example, it has been found to ignore problems involving leaks, mold and other building defects in a number of projects.

Real Estate Journal


The Real Estate Finance Bureau of the New York attorney general’s office processes most new residential real estate projects underway across the state, operating from a cramped corner of a nondescript building on lower Broadway. Its record room is jammed with steel-gray cabinets that run from floor to ceiling. These metal lockers are bursting with more than 3,800 expanding file folders detailing new and completed projects.


The bureau is tackling a growing number of offering plans, seeking to broaden its enforcement efforts and making a push to modernize its operations. Its concerted effort has major implications for condo developers and other residential real estate players.


Its scope spans the wide spectrum of corporate real estate (CRE), including the real property used by organizations in the public and private sector for the purposes of creating and distributing products and services. CRE is a complex discipline that encompasses the acquisition, design, operation, occupation and disposal of real property used for business activity.


This journal invites theoretical and empirical research on real estate using the paradigms and methodologies of finance and economics. It also covers urban economics, housing, regional science and public policy.


JCRE publishes high quality, authoritative and rigorous examinations of the latest developments and ideas in CRE and the implications they have for the public and private sectors. It focuses on the end-user perspective and encourages submissions from academics, professionals and government researchers world-wide concerned with properties’ end-users.


The Journal cuts through the deluge of information facing corporate real estate professionals to deliver content which is authoritative, practical and relevant. Each quarterly 100-page issue is packed with articles and case studies on new thinking, strategies and techniques which expand what can be achieved with corporate real estate. Its peer-reviewed approach ensures that strategic-level thinking is coupled with the 'nuts and bolts' detail needed to put that strategy into practice.

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