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About 150 real estate professionals gathered in Midtown Manhattan on July 20th to attend Ariel
Property Advisors’ Summer Coffee & Cap Rates event, “Discovering the Upside: Exploring
Opportunities in a Challenging Market.”
Shimon Shkury, President and Founder of Ariel Property Advisors, kicked off the program with an
overview of New York City’s investment sales market in the first six months of this year based
on Ariel’s latest industry-leading data and research.
Following his presentation, the program shifted to a panel of industry experts who shared their
perspectives on the environment for lending, multifamily and affordable housing investing and
office leasing: Kurt Stuart, Managing Director, Commercial Term Lending Northeast - Chase;
Eleonora Bershadskaya, Principal, Real Estate - Vistria; and Christopher Balestra, President &
CIO – Taconic Partners.
As with previous Coffee & Cap Rates, Ariel will be donating all proceeds to Legal Outreach, a
nonprofit that helps young people from underserved New York communities gain admission to the
country's most competitive colleges and universities.
Coffee & Cap Rates is a semi-annual program. The next event will take place in February 2024.
To View and Download Reports, Click Below:
Legal Outreach prepares urban youth from underserved communities in New York City to compete at high
academic levels by using intensive legal and educational programs as tools for fostering vision,
developing skills, enhancing confidence, and facilitating the pursuit of higher education.
If you or your company would like to become involved in The "Real (Estate) Deal" Professional
Development Program, please contact Tamika Edwards, Managing Director of Program Operations at tedwards@legaloutreach.org or call (718) 752-0222 x 202.
If you'd like to make a donation to Legal Outreach, please click on the button below.
