Cignature in The News –“Why Everyone is Pulling Funds Out of the Stock Market and Investing Into..."
December 30, 2022 – Tech Times By David Thompson Investors acclimated to traditional stocks may feel that real estate investing is too risky. "The stock market has been steadily declining and the financial future of the economy looks bleak. Historically, in these environments, the investment community tends to invest more heavily into less volatile investments such as real estate," says Lazer Sternhell, CEO of Cignature Realty. For the complete article visit Tech Times.
Industry Spotlight – Peter Vanderpool for NYREJ's 2022 Year in Review
December 27, 2022 – New York Real Estate Journal Cignature Realty's Peter Vanderpool was featured in New York Real Estate Journal's 2022 Year in Review. Read the original Q&A published at NYREJ.com. Name: Peter Vanderpool Job Title: President Company Name: Cignature Realty Associates Inc What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? The $34.5 million sale of 1520 Fulton Street was a city record in Brooklyn, at a time
Cignature in The News – “2023 Predictions for Multifamily Housing Investment and Development”
December 27, 2022 – San Francisco Post By Harry Wright If one word could describe what it has been like in the 2022 real estate market, it might be “whiplash.” In mid-2020, Covid spurred a dramatic — and largely unforeseen — lowering of interest rates to near-zero, which precipitated an unprecedented property boom. Housing prices and rents both soared into 2022 when the Federal Reserve suddenly began raising rates in response to inflation — much of which was caused by rising
Cignature in The News – “Investing in the Multifamily Housing Market”
December 27, 2022 – New York Weekly By Samantha Cornwell “In almost every case, there is a silver lining to be found,” says Cignature Realty CEO Lazer Sternhell. “In this specific case, as higher interest rates push up the cost of multifamily developments and stricter lending standards lower returns, the same trends will compel more Americans to remain renters, many in multifamily buildings.” Visit New York Weekly to read the full article.
Cignature in The News – “New York City Multifamily Housing Markets to Watch in 2023”
December 27, 2022 – Market Daily By Lilian Swift The opportunity to invest in multifamily housing in New York City has never been greater, according to Lazer Sternhell, CEO and co-founder of one of the tri-state area’s fastest-growing commercial multifamily real-estate firms, Cignature Realty. Visit Market Daily for the full article.
Cignature in The News – “Experts Predict What the Housing Market Will Look Like In 2023”
December 19, 2022 – Forbes By Brenda Richardson Visit Forbes for the complete article.
Cignature Insight – “The Investment Outlook for Multifamily Properties In 2023”
December 11, 2022 – Rental Housing Journal Cignature Realty's CEO, Lazer Sternhell, discusses shares his thoughts on how short-term cash flow, long-term appreciation, and tax benefits have made multifamily properties an appealing option to investors for decades. Visit The Rental Housing Journal for the complete article.