LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
CBRE has announced that Jason Stein has joined the firm’s Saddle Brook, NJ office as a Vice President, Debt & Structured Finance.
With more than a decade of real estate lending experience, Stein specializes in financing for market-rate and affordable multifamily, construction and substantial rehab assets, and senior housing. Prior to joining CBRE, he served as a Vice President at Greystone, where he originated more than $500 million in loans, predominantly in the multifamily sector.
“We are thrilled to have Jason join our industry-leading Capital Markets team,” said Hipschman, Senior Managing Director and New Jersey Market Leader for CBRE. “His strong, collaborative relationships nationwide and expertise in originating FHA / HUD, Fannie Mae, Freddie Mac, CMBS, and Bridge loan products, make him a tremendous asset as we continue to grow our practice.”
“I am honored to become a part of CBRE’s esteemed global real estate platform, and eagerly anticipating the opportunity to collaborate closely with the FHA team as we propel it through its next phase of growth,” said Stein. “My goal is to play a pivotal role in enhancing CBRE’s services, ensuring that we not only meet but exceed expectations in delivering unparalleled client financing solutions.”
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.