Outdoor space was especially important to movers to the Midwest, while movers to the Northeast were particularly driven by the need for more square footage and a better work commute.
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
NAR continues to believe that offers of compensation are an important option to help make professional representation more accessible.
LCOR Incorporated—a fully integrated real estate investment, development, and management firm—has announced the hiring of Vinh Thai as development associate. Thai is primarily responsible for supporting the New York and New Jersey development teams in connection with acquisitions and execution of the firm’s development pipeline.
“Vinh Thai’s distinguished experience and ability to jump into his position amidst beginning remotely at the onset of the current pandemic in March makes us proud to have him on the LCOR team,” said David Sigman, executive vice president & principal of LCOR. “His wide array of experience in both the commercial real estate and development fields will only help us to further bolster our portfolios in the New York City area and throughout the country.”
Most recently, Thai worked in both development and asset management groups at Carmel Partners. Joining the company in 2018, Thai was tasked with a variety of job functions including the underwriting of land acquisition and development of mixed-use apartment complexes in the New York, Massachusetts, New Jersey, Connecticut and D.C. areas.
Thai began his career at Wells Fargo Bank in 2015 as a multifamily senior associate in the commercial real estate sector. Here, Thai spearheaded the permanent financing for a $600 million, 30-asset LIHTC Preservation portfolio. Additionally, Thai partnered with the agencies to finance Class A assets in major markets including New York City, Los Angeles, Denver, San Francisco, Seattle and Arlington.
Starting out in her 20s, Rondon worked with real estate legend Faith Hope Consolo while at Garrick Aug Associates, where she spent 13 years.
The hirings mark RM Friedland’s continued expansion into Fairfield County by hiring two true market specialists who are deeply rooted in Fairfield County’s business network.
The award was cited by the Hudson Valley Chapter of NYSCAR for the agents’ work in facilitating the sale of Eastgate Business Park in Goshen.
The transaction involved a more than 50,000-square-foot state of the art bus / transportation facility on 16.9+/-acres sold to Realterm.
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.
