Coffee & Cap Rates: Commercial Real Estate Podcast

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, speaks with Sean R. Kelly, Partner at Ariel Property Advisors, about Brooklyn’s commercial real estate market in the first half of 2026. The conversation covers the borough’s strong development activity, rising land values, the impact of zoning and tax incentives, and growing distress in the rent-stabilized multifamily market. Key topics include: Development: Transaction volume reached ...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discussed Ariel Property Advisors’ Bronx 2026 Mid-Year Commercial Real Estate Trends report with Senior Director Jason M. Gold and Director Daniel Mahfar. Topics included the current state of the Bronx real estate market, with a specific focus on multifamily housing and development. Multifamily Housing Market:In the first half of the year, dollar volume for multifamily transactions in t...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discussed Ariel’s Manhattan 2026 Mid- Year Commercial Real Estate Trends report with Founding Partner Michael A. Tortorici, Senior Director Christoffer Brodhead, and Director Howard Raber. The speakers noted a 50% increase in dollar volume to $9.87 billion compared to the first half of 2025. The conversation covered several key asset classes: Office Market: The market shows three primar...

In this special episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, moderates a panel discussion recorded at Ariel Property Advisors’ Separating Signal from Noise: NYC Investment Sales in 1H 2026 event on July 30, 2026. The panel features Ralph Bumbaca, Regional President, Metro NY at TD Bank; Robert S. Nelson, President of Nelson Management Group LTD.; and Bryan Kelly, Principal & President of Development at Gotham Organization. The panelis...

Shimon Shkury, President and Founder of Ariel Property Advisors, shares his outlook on New York City’s investment sales market in the first half of 2026 in this special episode of Coffee & Cap Rates, recorded at Ariel Property Advisors’ Separating Signal from Noise: NYC Investment Sales in 1H 2026 event on July 30, 2026. Shimon examines where capital is investing across NYC’s multifamily, office, development, affordable housing, and retail markets, highlighting the role of reset valuation...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discussed Ariel Property Advisors’ Q2 2026 Multifamily Quarter in Review with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in Capital Services. The trio discussed the performance of the multifamily real estate market during the second quarter of 2022, including: Market Growth: The multifamily market totaled nearly $2.5 billion.Asset Class Performance:Free Mark...

In this episode of Coffee & Cap Rates, Shimon Shkury sits down with Kenny Burgos, CEO of the New York Apartment Association, to discuss the current state of New York City’s multifamily housing market and the growing challenges facing the rent-stabilized sector. The conversation takes a deep dive into the long-term effects of the 2019 Housing Stability and Tenant Protection Act (HSTPA), including vacancy control, rising operating costs, capital constraints, declining valuations, and afford...

Shimon Shkury, President and Founder of Ariel Property Advisors; Victor Sozio, Founding Partner; and Matthew Dzbanek, Senior Director in the Capital Services Group, take a deep dive into New York City’s multifamily market on this episode of Coffee & Cap Rates. They discuss key trends from Ariel Property Advisors’ Q1 2026 Multifamily Quarter in Review New York City, and what to expect for the remainder of the year. Highlights from the podcast include: The NYC multifamily market recorded ap...

In the latest Coffee & Cap Rates podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, Jason Gold, Senior Director, and Daniel Mahfar, Director, discuss multifamily and development market trends in the Bronx as reported in Ariel’s Bronx 2025 Year-End Commercial Real Estate Trends report. Highlights from the podcast and report include: The Bronx real estate market reached $1.8 billion in 2025, a 46% year-over-year increase, with multifamily dollar volume rising 66% and...

Shimon Shkury, President and Founder of Ariel Property Advisors; Michael A. Tortorici, Founding Partner; Christoffer Brodhead, Senior Director; and Howard Raber, Director, take a deep dive into Manhattan’s investment sales market on this episode of Coffee & Cap Rates. They discussed trends in Ariel Property Advisors’ Manhattan 2025 Year-End Commercial Real Estate Trends report and what to expect in 2026. Highlights from the podcast include: Manhattan’s transactional dollar volume reached...

Shimon Shkury, President and Founder of Ariel Property Advisors, Sean R. Kelly, Esq., Partner, and Stephen Vorvolakos, Director, discuss trends in Brooklyn’s commercial real estate market and the findings of Ariel Property Advisors’ Brooklyn 2025 Year-End Commercial Real Estate Trends report. Highlights from the report include: Brooklyn closed 2025 with $6.66 billion in total commercial real estate sales across 951 transactions, reflecting an 8% decline in dollar volume and 2% increase in tra...

Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in the Capital Services Group, discuss New York City’s multifamily market and the findings of Ariel Property Advisors’ Multifamily Year In Review New York City 2025. Highlights include: Total dollar volume was relatively unchanged year-over-year, totaling $8.91 billion in 2025 compared to $9.1 billion in 2024.Free market buildings led multifamily sales citywide, ...

To celebrate 15 years of Ariel Property Advisors, President & Founder Shimon Shkury sits down with Roxanne Donovan, President of Great Ink, for an exclusive conversation about the firm’s journey in New York City’s commercial real estate market. From its founding in 2011 to growing into a 65-person team united by shared values and collaboration, Ariel has evaluated, sold, and financed billions of dollars of real estate in NYC while arranging financing for clients nationwide. Listen to the ...

Shimon Shkury, President and Founder of Ariel Property Advisors, provides an in-depth overview of New York City’s office, development, and multifamily markets. This presentation, “Behind the Sales: What’s Fueling Investment in NYC Real Estate?”, was delivered at the NYC Real Estate Expo on October 28, 2025, at the New York Marriott Marquis. Listen to the presentation on this podcast and click here to access the slides.

Ariel Property Advisors, together with Cozen O'Connor, recently hosted State of the Brooklyn Real Estate Market: What’s Ahead?—an exclusive commercial real estate trends conference and networking breakfast held on November 13. This discussion explored how Brooklyn’s CRE market is evolving and the forces shaping the borough’s future. The event opened with remarks from Shimon Shkury, President and Founder of Ariel Property Advisors, followed by a panel moderated by Sean R. Kelly, Esq., Partner ...

Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Ben Schlegel, Director in the Capital Services Group, discuss New York City’s multifamily market and the findings of Ariel Property Advisors’ Q3 2025 Multifamily Quarter in Review New York City. Highlights include: New York City’s multifamily market gained momentum in the third quarter, rising to $2.55 billion in sales, up 14% quarter-over-quarter and 17% year-over-year.Free-market assets are ...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Barbara Blair, President of the Garment District Alliance, and Howard Raber, a Director in Investment Sales at Ariel, unpack the recently approved Midtown South Mixed-Use (MSMX) Plan, which replaces outdated manufacturing zoning with residential use. The Midtown South rezoning spans 42 blocks across four distinct quadrants—roughly between 23rd and 41st Streets and Fifth and Eighth Avenues—and is e...

Join Shimon Shkury, President and Founder of Ariel Property Advisors, Partner Sean R. Kelly, Esq., and Director Stephen Vorvolakos, for an in-depth discussion of the state of Brooklyn's commercial real estate market. They analyze the market's robust performance, including $3.25 billion in total investment sales in 1H 2025, trends shaping investment strategies across the borough and other key findings from Ariel’s Brooklyn 2025 Mid-Year Commercial Real Estate Trends report. Highlights include:...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Bronx 2025 Mid-Year Commercial Real Estate Trends report with the Bronx market experts Senior Director Jason Gold and Director Daniel Mahfar. Key findings include: The Bronx investment sales market experienced a significant recovery in the first half of 2025 with dollar volume rising to $1.07 billion and transactions to 126, year-over-year increases of 106% and 18%, re...

Shimon Shkury, President and Founder of Ariel Property Advisors, Mike Tortorici, Founding Partner, Chris Brodhead, Senior Director, and Howard Raber, Director, unpack the findings of Ariel's Manhattan 2025 Mid- Year Commercial Real Estate Trends report. They discussed Manhattan's strong real estate performance in the first half of the year, with nearly $7 billion in dollar volume driven by the sale of exceptional Class A office, free market buildings, development sites and retail. Key Manhatt...

In this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, reviews the latest trends in New York City’s multifamily market with Victor Sozio, Ariel Founding Partner, and Matthew Dzbanek, Senior Director in Capital Services. They discuss financing options and highlight findings from Ariel’s Q2 2025 Multifamily Quarter in Review New York City. Key takeaways include: Dollar volume rose to $2.3 billion in Q2 2025, up 11% from Q1 2025, while transactions fell 3% over t...

Ariel Property Advisors hosted its summer Coffee and Cap Rates event on July 30th, sharing the latest trends in New York City’s investment sales market. Over 250 NYC real estate professionals gathered for this live networking breakfast at TD Bank’s conference center at One Vanderbilt. The theme of the event was “Investing Through Change.” Ralph Bumbaca, Regional President – Metro New York for TD Bank, moderated the panel of industry experts: Meredith Marshall, Co-Founder & Managing Partn...

Ariel Property Advisors hosted its summer Coffee and Cap Rates event on July 30th, sharing the latest trends in New York City’s investment sales market. Over 250 NYC real estate professionals gathered for this live networking breakfast at TD Bank’s conference center at One Vanderbilt. The theme of the event was “Investing Through Change.” Shimon Shkury, President and Founder of Ariel Property Advisors, opened the event with a comprehensive overview of New York City’s investment sales market...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, and Ariel Partner, Sean R. Kelly, Esq., interview Justin Pelsinger, COO of Charney Companies, who will be one of the panelists at Ariel’s next Coffee & Cap Rates event 8:30-11 am on Wednesday, July 30. Pelsinger discussed how and why his firm became a pioneer developer in Gowanus and the recent acquisition by Charney and Tavros Capital of a vested 421-a site at 175 Third Stree...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, explores key trends in the Bronx commercial real estate market with Senior Director Jason Gold and Director Daniel Mahfar. According to Ariel’s Bronx 2024 Year-End Commercial Real Estate Trends report, investment sales in the borough declined 33% to $1.23 billion, while transactions held steady at 220. Despite the overall slowdown, development sales surged 39% to $363.1 million across 5...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Brooklyn 2024 Year-End Commercial Real Estate Trends report with Brooklyn experts Partner Sean R. Kelly, Esq., and Director Stephen Vorvolakos. Overall, the dollar volume of investment sales in Brooklyn rose to $7.15 billion in 2024, a 37% increase compared to 2023, and transactions increased 5% to 890 year-over-year. Mr. Vorvolakos said nearly 50% of the dollar volume in Brooklyn last ye...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about the Manhattan market in 2024. According to Ariel Property Advisors’ Manhattan 2024 Year-End Commercial Real Estate Trends report, investment sales in Manhattan rose to $15.75 billion across 378 transactions, a 38% and 22% increase, respectively, compared to 2023. The offic...

Join Shimon Shkury, President and Founder of Ariel Property Advisors, as he delves into Ariel’s 2024 Multifamily Research Report with Founding Partner Victor Sozio and Senior Director of Capital Services Matt Swerdlow. In 2024, New York City’s multifamily market saw $8.91 billion in sales across 1,107 transactions, marking year-over-year increases of 14% in dollar volume and 4% in transactions. Rent-stabilized properties, which comprised 29% of the market, faced continued pressure due t...

This podcast is a recording of the panel Ralph Bumbaca, Regional President – Metro New York for TD Bank, moderated at Ariel's February 5th Coffee & Cap Rates event hosted by TD Bank. The panel of affordable housing experts Eli S. Weiss, Principal of Joy Construction; Tell Metzger, SVP of Equity Investments at Community Preservation Corporation; and Brendan McBride, Senior Development Director at Gilbane Development Company shared their unique perspective on New York City’s commercia...

This podcast is a recording of the overview of the New York City investment sales market and key insights from Ariel Property Advisor’s newly released end-of-year research reports that Shimon Shkury, Ariel’s President and Founder, presented at the firm’s February 5th Coffee & Cap Rates event hosted by TD Bank. Over 200 NYC real estate professionals attended the networking breakfast held at TD Bank’s conference center at One Vanderbilt. More information about the event is available here.

In his latest podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, explored the challenges facing owners of rent stabilized buildings with guests Kenny Burgos, CEO of New York Apartment Association, a landlord group created by the merger of the Rent Stabilization Association (RSA) and Community Housing Improvement Program (CHIP), and Matt Engel, President of Langsam Property Services Corp. and one of the executive members of the New York Apartment Association. Topics incl...

Shimon Shkury, President and Founder of Ariel Property Advisors, Michael Tortorici, Founding Partner, and Sean R. Kelly, Esq. Partner, discuss highlights from the recently approved City of Yes for Housing Opportunity plan, which will add more than 80,000 new apartments over 15 years and invest $5 billion in infrastructure updates and housing. The partners explore how the new initiative will add housing in neighborhoods throughout New York City, increase the density of some development sites, ...

Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Matt Dzbanek, Senior Director in Capital Markets, explore trends in the multifamily market and discuss Ariel’s Q3 2024 Multifamily Quarter in Review New York City research report in this podcast. Among the topics: there were $2.33 billion in multifamily sales in Q3 2024, a 17% decline from Q2 2024; of the total sales, $1.27 billion of the trades were in Manhattan below 96th Street; multifamily...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Ariel’s Manhattan experts Michael Tortorici, Founding Partner; Chris Brodhead, Senior Director, and Howard Raber, Director, about what they’re seeing in the Manhattan market. They discuss how mortgage maturities are driving transactions, the increase in rent stabilized multifamily sales, condo development trends, office to residential conversions and housing policies including the City of Yes. Accordi...

This podcast is a recording of the panel Shimon Shkury, President and Founder of Ariel Property Advisors, moderated at Ariel’s July 31st Coffee & Cap Rates event hosted by TD Bank. Sharing their perspectives on the commercial real estate industry with an emphasis on the development market were panelists Ralph Bumbaca, NYC Market President - TD Bank; Christopher V. Albanese, President - Albanese Organization; and Jasper Wu, Vice President - ZD Jasper. Over 200 NYC real estate professiona...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Brooklyn 2024 Mid-Year Commercial Real Estate Trends report with Brooklyn experts Partner Sean R. Kelly, Esq., and Director Stephen Vorvolakos. Overall, investment sales in Brooklyn rose to $3.36 billion in 1H 2024, a 43% increase compared to 2H 2023 and 18% increase compared to 1H 2023. In the multifamily market, Mr. Vorvolakos said owners are adjusting their pricing, which is creating ...

This podcast is a recording of the overview of the New York City investment sales market and key findings from Ariel Property Advisor’s mid-year research reports that Shimon Shkury, Ariel’s President and Founder, presented at the firm’s July 31st Coffee & Cap Rates event hosted by TD Bank. Over 200 NYC real estate professionals attended the networking breakfast held at TD Bank’s conference center at One Vanderbilt. More information about the event is available here.

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses the findings in Ariel’s Mid-Year Bronx report with Jason Gold, Senior Director, and Daniel Mahfar, Director. Overall, the dollar volume of investment sales in the Bronx rose 13% to $445 million in 1H 2024 compared to 2H 2023, according to Ariel’s Bronx 2024 Mid-Year Commercial Real Estate Trends report. Transactions fell 10% to 90 for this period. Compared to 2H 2023, multifamily dollar volume increa...

Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s latest multifamily research report with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in Capital Markets. Mortgage maturities were one of the drivers in the multifamily market in the second quarter with dollar volume jumping 108% quarter-over-quarter to $2.83 billion and transactions rising 4% to 265. The future looks even better for the multifamily market as Treasuries have fallen below 4%...

On this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and Ben Schlegel, Director of Capital Services at Ariel, discuss financing options in today’s commercial real estate market. Schlegel notes that despite higher for longer interest rates, capital is available for deals that make sense financially including private money, CMBS loans and preferred equity and mezzanine debt.

On this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses the overall financial health of rent stabilized buildings in New York City with Jay Martin, Executive Director of the Community Housing Improvement Program (CHIP), a landlord advocacy group, and Matt Engel, President of Langsam Property Services Corp., an owner/operator, and Chairman of CHIP. The topics include rising interest rates, post-Covid collections, property taxes, the Housing Stability and Te...

In this roundtable discussion, Shimon Shkury, President and Founder of Ariel Property Advisors, and his Partners Victor Sozio, Michael A. Tortorici and Sean R. Kelly unpack the new housing policy included in the New York State FY 2025 Budget. Overall, the Ariel team sees the new initiatives as positive, especially for housing creation, but challenging for existing multifamily owners because some free market units will now be regulated and increased apartment improvement allowances for rent re...

Manhattan saw $11.1 billion in investment property sales in 2023, a 45% drop from 2022, and 280 transactions, a 33% year-over-year decline, according to Ariel Property Advisors’ Manhattan 2023 Year-End Commercial Real Estate Trends report. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Founding Partner Mike Tortorici and Director Howard, discuss the report’s findings and dig deeper into Manhattan’s multifamily, development and office markets...

Brooklyn finished 2023 with investment sales totaling $5.15 billion, a 46% decline from the record-breaking 2022, which saw dollar volume top $9.5 billion, according to Ariel Property Advisors’ Brooklyn 2023 Year-End Commercial Real Estate Trends report. Transactions also fell 30% to 839 compared to 1,206 the year before. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Sean R. Kelly, Esq., Partner, and Stephen Vorvolakos, Director in In...

In 2023, the Bronx investment sales market saw $1.82 billion trade across 216 transactions, down 22% and 29% respectively, compared to 2022, according to Ariel Property Advisors’ Bronx 2023 Year-End Commercial Real Estate Trends report. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Jason M. Gold, Senior Director, and Daniel Mahfar, Director, who specialize in investment property sales in the Bronx, review the latest Bronx report. They also di...

At Ariel Property Advisors’ latest Coffee & Cap Rates event on February 7, Shimon Shkury, President and Founder of Ariel Property Advisors, moderated a panel of industry experts who shared their perspectives on the commercial real estate industry with an emphasis on the multifamily market: Margaret B. Grossman, Managing Partner & President - T30 Capital; Richard Roberts, Principal & Chief Business Development Officer - Red Stone Equity Partners; Jesse Terry, Chief Investment Offic...

At Ariel Property Advisors' latest Coffee & Cap Rates event, Shimon Shkury, President and Founder of Ariel Property Advisors, presented an overview of New York City's investment sales market in 2023 as well as key findings from the firm's recent end-of-year reports. To see his presentation and download Ariel's research reports, please see https://arielpa.nyc/investor-relations/event/240207-coffee-and-cap-rates

Ariel Property Advisors’ Victor Sozio, Founding Partner, and Matt Dzbanek, Senior Director, Capital Markets, join Shimon Shkury, President and Founder, for this discussion on how high interest rates, regulations and bank failures contributed to the lackluster performance in the New York City multifamily market in 2023. According to Ariel Property Advisors’ Multifamily Year in Review New York City, the multifamily sector in New York City experienced a notable downturn, with total dollar volume...

Multifamily sales in New York City totaled $1.55 billion in Q3 2023, a 56% decline in dollar volume from Q2 2023, according to Ariel Property Advisors’ Q3 2023 Multifamily Quarter in Review. Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Ariel Founding Partner Victor Sozio, and Matt Swerdlow, Senior Director, Capital Markets, unpack the numbers and explain what to expect following the Supreme Court’s refusal to hear the petition brought by CHIP and RSA against...

On this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Jay Martin, the Executive Director of the Community Housing Improvement Program (CHIP), a trade association representing 4,000 owners of rent-stabilized rental properties. Jay discusses the Supreme Court’s refusal to hear CHIP’s petition challenging the constitutionality of New York’s rent stabilization laws; his advocacy for legislation that would reset rents on units vacated by long-time tenants to ...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Chris Balestra, President and Chief Investment Officer of Taconic Partners, about how and why the firm began offering office space to life sciences companies and its existing and planned office and multifamily projects.

The Queens investment sales market experienced significant improvement in 1H 2023 compared to 2H 2022 resulting in a 39% increase in dollar volume to $2 billion, of which one-third was in the development asset class, which jumped 78% half-over-half to $632 million. In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, Partner Sean R. Kelly, Esq. and Director Alexander Taic explore how developers are seeking 421a vested sites specifically in Northwest Queens and Jam...

Multifamily real estate sales in New York City experienced a significant 242% increase in total dollar volume during the second quarter compared to the first quarter with 295 transactions totaling $3.91 billion, according to Ariel Property Advisors’ Q2 2023 Multifamily Quarter in Review report. Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Ariel Founding Partner Victor Sozio, and Matt Dzbanek, Senior Director, Capital Markets, explore the story behind the dat...

Shimon Shkury, President and Founder of Ariel Property Advisors, and his guests Jason Gold, Senior Director, and Daniel Mahfar, Director, who specialize in investment property sales in the Bronx, discuss the findings in Ariel’s latest research report Bronx 2023 Mid-Year Commercial Real Estate Trends.

How are commercial real estate investors looking at the Brooklyn market today? In this episode of Coffee & Cap Rates, Brooklyn specialists Sean R. Kelly, Esq., a Partner at Ariel Property Advisors, and Stephen Vorvolakos, Director, share the borough’s latest trends with Shimon Shkury, President and Founder of Ariel Property Advisors. For more details, see Ariel Property Advisors’ Brooklyn 2023 Mid-Year Commercial Real Estate Trends report.

What are the latest trends in Manhattan's commercial real estate market? In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses how the borough's assets performed in 1H 2023 with Manhattan experts Michael Tortorici, Founding Partner, and Howard Raber, Director. For more details, see Ariel Property Advisors’ Manhattan 2023 Mid-Year Commercial Real Estate Trends report.

At Ariel Property Advisors’ Coffee & Cap Rates event on July 20, Shimon Shkury, Founder and President of Ariel Property Advisors, moderated a panel discussion with industry experts, Kurt Stuart, Managing Director, Commercial Term Lending Northeast - Chase; Eleonora Bershadskaya, Principal, Real Estate - Vistria; and Christopher Balestra, President & CIO – Taconic Partners, who shared their perspectives on the environment for lending, multifamily and affordable housing investing and of...

Shimon Shkury, President and Founder of Ariel Property Advisors, presented an overview of New York City’s investment sales market in the first six months of this year at Ariel Property Advisors’ Coffee & Cap Rates event on July 20. To see his presentation and download Ariel's research reports, please see https://arielpa.nyc/investor-relations/event/230720-coffee-and-cap-rates

In this episode of Coffee & Cap Rates, recorded the day after the Fed voted to hold rates steady for the first time in 15 months, Shimon Shkury, President and Founder of Ariel Property Advisors, and Senior Director Matt Dzbanek discuss the lending environment in the last 30 days. Although underwriting is tougher, Dzbanek said activity has been brisk with the Capital Services team securing up to 10 offers per deal by tapping into an expanded group of lenders. Dzbanek also shared his views ...

On his latest podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, welcomes Ariel Partner Victor Sozio and explores first quarter trends in the multifamily market. Dollar volume totaled $2.11 billion in Q1 2023, a 39% drop year-over-year, and predominantly free market buildings accounted for 78% of the sales. Headwinds discussed include bank closures, which are causing a credit crunch, rising operating costs for rental buildings and the failure of Albany to pass key...

Shimon Shkury, President and Founder of Ariel Property Advisors, and Matt Dzbanek, Senior Director of Capital Services, discuss what borrowers can expect moving forward in the wake of the Fed’s latest rate hike and recent turmoil in the banking sector. At its March, the Federal Reserve unanimously voted to raise rates another quarter percentage point, bringing the target range for the federal funds rate to between 4.75% and 5.00%. The central bank also reiterated its commitment to reduce inf...

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses trends in the Queens investment sales market with Founding Partner Michael Tortorici and Director Alexander Taic. Ariel Property Advisors' Queens 2022 Year-End Commercial Real Estate Trends report showed that Queens had a record-breaking year in 2022, with the most transactions on record in addition to surpassing the $4 billion mark in dollar volume for the first time since 20...

In this podcast, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Senior Director Jason M. Gold and Director Daniel Mahfar about the performance of the commercial real estate market in the Bronx in 2022. They discuss the findings of Ariel Property Advisors' Bronx 2022 Year-End Commercial Real Estate Trends report, which showed that the Bronx recorded just under $2.4 billion in investment sales last year, saw an uptick in development transactions before the 421a tax ...

Shimon Shkury, President and Founder of Ariel Property Advisors, Partner Sean Kelly and Director Stephen Vorvolakos discuss the outstanding performance of Brooklyn’s commercial real estate market in 2022. They highlight findings in the recently released Ariel Property Advisors 2022 Brooklyn Year-End Commercial Real Estate Trends report, which showed that Brooklyn saw a 28% year-over-year increase investment sales to just over $10 billion, the first time ever the borough has cracked the $10 bi...

Shimon Shkury, President and Founder of Ariel Property Advisors, Founding Partner Michael Tortorici and Director Howard Raber discuss the performance of Manhattan’s commercial real estate market in 2022 and the opportunities they see in 2023. They highlight the findings of the recently released Ariel Property Advisors 2022 Manhattan Year-End Commercial Real Estate Trends report, which noted that last year, “Manhattan investment sales strongly rebounded from the Covid pandemic despite headwind...

Shimon Shkury, Founder and President of Ariel Property Advisors, presented this overview of the 2022 New York City investment sales market and what to expect in 2023 at Ariel Property Advisors’ Coffee & Cap Rates event on February 2. To see his presentation and download Ariel's research reports, please see https://arielpa.nyc/investor-relations/event/latest

At Ariel Property Advisors’ Coffee & Cap Rates event on February 2, Shimon Shkury, Founder and President of Ariel Property Advisors, moderated a panel discussion with industry experts Tom Ortinau, Head of Acquisitions, for GFP Real Estate; Meir Milgraum, Senior Vice President, Acquisitions, Lightstone; and Ofer Yardeni, Chairman and CEO, Stonehenge NYC.

The New York City multifamily sector saw a major resurgence in 2022 with $16 billion in total dollar volume for all multifamily properties (small buildings, buildings with 6-9 units and 10+ units) and $13.2 billion for buildings featuring 10 or more residential units. In this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, and Founding Partner Victor Sozio discuss the findings in Ariel’s recently released 2022 Multifamily Year in Review research report, which highlig...

In this podcast recorded on December 15, the day after the Fed’s final meeting of the year, Shimon Shkury, President and Founder of Ariel Property Advisors, and Eli Weisblum, Senior Director of Capital Services, discuss the Fed’s latest rate hike and what it means for borrowers. The Federal Open Market Committee (FOMC) unanimously approved a .50% rate hike at its eighth meeting of the year, bringing the federal funds target range to 4.25% to 4.5%. The latest increase, while still historicall...

Shimon Shkury, Founder and President of Ariel Property Advisors, and his guests YuhTyng (Tyng) Patka, a Partner with Duval & Stachenfeld LLP, and Matt Swerdlow, Senior Director, Capital Services at Ariel, discuss how New York City building owners can use commercial property assessed clean energy (CPACE) financing to comply with Local Law 97. Tyng is chair of Duval & Stachenfeld’s NYC Real Estate Tax and Incentives Practice Group and Co-Chairs the firm’s NYC Climate Mobilization Task F...

Shimon Shkury, President and Founder of Ariel Property Advisors, and his guest Matt Dzbanek, Senior Director of Capital Services, discuss how the market reacted to the 7.7% increase in the inflation rate in October, which was better than expected. Although Treasuries started to peak following the Fed’s latest .75% rate hike on November 2, after the October inflation rate was announced on November 10, the 5- and the 10-year Treasury rates dropped below 4% for the first time in about a month.

Shimon Shkury, Founder and President of Ariel Property Advisors, discusses the latest trends in New York City’s multifamily market with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director, Capital Services.

Shimon Shkury, Founder and President of Ariel Property Advisors, discusses the Brooklyn market and Gowanus rezoning with his Partner Sean Kelly, who has specialized in the Brooklyn market for more than 13 years. Kelly is particularly active in Gowanus, where this year he has arranged the acquisition of two development sites — one, a $21.6 million joint venture for a property with a 102,035-square-foot zoning floor area at 125 Third Street, and the second, a property with a 142,500-square-foot...

Shimon Shkury, Founder and President of Ariel Property Advisors, discusses with Matt Swerdlow, Senior Director, Capital Services, how borrowers and lenders are responding the Fed’s latest .75% rate hike. For more information about the Fed’s latest announcement, please see Ariel’s Capital Markets Monthly available here.

Shimon Shkury, Founder and President of Ariel Property Advisors, interviews Jason M. Gold and Daniel Mahfar, both Directors in Investment Sales specializing in the Bronx, on the performance of the borough's commercial real estate market during the first six months of this year. More details are available in Ariel Property Advisors' research report, Bronx 2022 Mid-Year Commercial Real Estate Trends, available here.

Shimon Shkury, Founder and President of Ariel Property Advisors, moderates a panel discussion with industry experts Will Blodgett, Founder & CEO – Tredway; Andrea Himmel, Principal & Chief Investment Officer - Himmel + Meringoff Properties; and Rashid Walker, Founder & CEO - First Street Capital at Ariel's bi-annual Coffee & Cap Rates event on July 28

Shimon Shkury, Founder and President of Ariel Property Advisors, presents an overview of New York City's investment sales market in the first half of 2022 at Ariel's bi-annual Coffee & Cap Rates event on July 28.

Shimon Shkury, President and Founder of Ariel Property Advisors, and Eli Weisblum, Senior Director of Capital Services, discuss how borrowers and lenders are responding to the Federal Reserve's latest rate increase of 75 basis points, the highest rate hike since 1994.

In this episode, Ariel Property Advisors’ President Shimon Shkury and Matthew Swerdlow, Senior Director, Capital Services discuss the Federal Reserve’s recent announcement to raise rates by 50 basis points, the highest increase since 2000, and pledge to consider additional 50 basis point increases at upcoming meetings to help combat inflation. The Fed also announced that the Central Bank plans to start reducing its balance sheet beginning June 1. Although the job market has stabilized in rece...

Ariel Property Advisors’ President Shimon Shkury and Founding Partner Victor Sozio discuss how inflation and rising interest rates are affecting different segments of the multifamily market.Although contract signings are continuing, the multifamily sector has become more turbulent in the last 60 days primarily because interest rate hikes are triggering renegotiations and repricing. This period of volatility has injected a sense of urgency in the market as investors seek to close deals and lin...

· President of Ariel Property Advisors Shimon Shkury conducts a discussion with Matthew Dzbanek, Senior Director of Capital Services at Ariel · Matthew Dzbanek and Shimon Shkury sat down for our latest Coffee & Cap Rates podcast to discuss the impact and key takeaways for investors in the commercial real estate industry.

· President of Ariel Property Advisors Shimon Shkury reviews the largest transactions of 2021 and the trends driving them. · Our latest Coffee & Cap Rates podcast features Ariel Property Advisors' 2021 proprietary year-end research which was presented during our bi-annual Coffee & Cap Rates event on February 3, 2022.

· President of Ariel Property Advisors Shimon Shkury conducts a discussion with Victor Sozio, EVP Investment Sales at Ariel. · Victor Sozio and Shimon Shkury sat down for our latest Coffee & Cap Rates podcast to discuss the multifamily trends in New York City.

· President of Ariel Property Advisors Shimon Shkury conducts a discussion with Matthew Swerdlow, Director of Capital Services at Ariel · Matthew Swerdlow and Shimon Shkury sat down for our latest Coffee & Cap Rates podcast to discuss the impact and key takeaways for investors in the commercial real estate industry.

· President of Ariel Property Advisors Shimon Shkury conducts a discussion with Scott Metzner, Principal of Janus Property. · Scott Metzner and Shimon Shkury sat down recently for our latest Coffee & Cap Rates podcast to discuss the increase in activity as investors adjusted to the ebb and flow of the economic and business landscape during the pandemic.

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Executive Vice President Michael Tortorici.Discussions among Shimon and Michael include what the uptick in development activity in Manhattan means for New York City. Also discussed are insights into what drove the trends and transactions, along with highlighting key transactions that contributed to the dollar volume.

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Executive Vice President Victor Sozio.Discussions among Shimon and Victor include a reflection on the activity in the multifamily market in New York City over the past quarter and insight into what drove the trends and transactions, along with highlighting key transactions that contributed to the dollar volume traded. Also, they spoke about their outlook on what is to come in the fourth quarter of 2021 and into 2022...

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Senior Director Sean Kelly and Director John HigginsDiscussions among the speakers include a reflection on the activity in the Staten Island borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Director Alexander Taic, Director Dorit Pinhas, and Associate Director Chris AfriyieDiscussions among the speakers include a reflection on the activity in the Queens borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Director Jason Gold and Director Daniel MahfarDiscussions among the speakers include a reflection on the activity in the Bronx borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a panel discussion between Senior Director Sean Kelly, Senior Director Jonathan Berman, Director Lawrence Sarn, and Director Stephen VorvolakosDiscussions among the speakers include a reflection on the activity in the Brooklyn borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a discussion with Director Mark Anderson and Associate Director James Nestor.Discussions among the speakers include a reflection on the activity seen in Northern Manhattan from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a panel discussion between Director Howard Raber, Associate Director Jack Moran, Executive Vice President Michael A. Tortorici, and Director Matthew GillisDiscussions among the speakers include a reflection on the Manhattan Borough from the past 6 months and insight into what drove the trends. Also, the group spoke about their outlook on what is to come in the second half of 2021.

President of Ariel Property Advisors Shimon Shkury conducts a panel discussion between Executive Vice President's Victor Sozio and Michael Tortorici, Senior Director Sean Kelly and Director Matt SwerdlowDiscussions among the panelists include current commercial real estate trends, capital markets opportunities and outlook for the next 6 months

President of Ariel Property Advisors Shimon Shkury highlights the bounce back effect commercial real estate in NYC has experienced the past 6 monthsThe presentation continues by discussing asset class fundamentals and predictions for the remainder of 2021

It has been a very active time in Brooklyn at Ariel Property Advisors in both the development and mixed-use/multifamily markets. Sellers are motivated and buyers are actively seeking opportunities. Listen to the podcast for a snapshot of the Brooklyn investment sales market and anecdotal information on these listings, contracts, and closings.

If you’re a real estate owner or investor, you may have noticed a significant increase in insurance costs compared to previous years. In fact, renewal increases have jumped 20% year-over-year, according to Q3 2020 data from Marsh’s Global Insurance Market Index, a measure of global commercial insurance premium pricing. Listen the podcast to hear how you can prepare for rising insurance premiums.

Victor Sozio led a very active first quarter of 2021 bringing 24 buildings, approximately 1,500 units and 1.5M SF into contract. Victor's current inventory on the market includes over 126 properties and 4,300 units. Listen to the podcast for a snapshot of the market and anecdotal information on these listings, contracts, and closings.

Shimon Shkury welcomes Ahron Sussman and Matthew Dzbanek, two professionals in Ariel Property Advisors Capital Services divisionMatt and Ahron explain what current deals they are working on and how loan terms have differed before Covid-19, during Covid-19 and nowConversations include balance sheet lenders, perm loans, conventional lenders and Covid reserves