Ariel Property Advisors Hosts Coffee Cap Rates

Ariel Property Advisors hosted its first in-person event in two and a half years.

After a two-and-a-half year hiatus because of the COVID-19 pandemic, Ariel Property Advisors held its first in-person Coffee & Cap Rates event at Club 101, with more than 150 real estate professionals registered.

The program led off with a brief presentation of Ariel’s data and research on New York’s real estate investment sales market by event host and moderator, Shimon Shkury, president and founder.

Following the presentation, a panel discussion explored economic trends and market indicators that influenced the performance of the NYC investment sales market in 1Q 2022, and incorporated observations from commercial real estate experts: Will Blodgett, founder and CEO at Tredway; Andrea Himmel, principal and chief investment officer at Himmel + Meringoff Properties and Rashid Walker, founder and CEO at First Street Capital.

All ticket proceeds from the event were directly donated to the nonprofit Legal Outreach. At the event, James O'Neal, executive director of Legal Outreach, shared the goals and objectives of his organization, which helps young people from underserved New York City communities gain admission to the country’s most competitive colleges and universities.

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01. Will Blodgett, Tredway and Victor Sozio, Ariel Property Advisors 02. James O'Neal, Legal Outreach 03. Event speakers James O'Neal, Legal Outreach; Will Blodgett, Tredway; Andrea

Himmel, Himmel + Meringoff Properties; Rashid Walker, First Street Capital and

Shimon Shkury, Ariel Property Advisors 04. Douglas Giles, Five Points Abstract and James Bozza, NYCB 05. Sean R. Kelly, Ariel Property Advisors and Rashid Walker, First Street Capital 06. Liska Blodgett, Liskor International; Laska Blodgett, Will Blodgett, Victoria Tran,

Joshua Glasser and Chris De La Rosa, Tredway 07. Andrea Himmel, Himmel + Meringoff Properties and Shimon Shkury, Ariel

Property Advisors 08. Andrea Himmel, Himmel + Meringoff Properties and Will Blodgett, Tredway 09. Victor Sozio, Ariel Property Advisors; Laura Gilbert, First Nationwide Title and

Michael A. Tortorici, Ariel Property Advisors 10. Sean R. Kelly, Ariel Property Advisors; Eric Schwartz, Pilot Real Estate Group

LLC and Jim Cinelli, Liberty Environmental 11. Shimon Shkury, Ariel Property Advisors

Photos courtesy of Ariel Property Advisors