Bob Knakal
Knakal, Knakal: Who’s There? Broker on Biz
Location: Have you been better protected from this credit crunch because you sell buildings in the below-$100 million market?
Mr. Knakal: Clearly, the market for buildings over $100 million is much slower than the market for buildings under $100 million, mainly because of the availability of credit. … To the extent you’re looking for a nine-figure loan on an acquisition, that’s very challenging to find, mainly because most of those loans were provided by [commercial-mortgage-backed securities] lenders that are no longer active.
How have your sales been affected?
Our number of transactions is off by about 21 percent compared to 2007. read more »
Bob Knakal: The Johnny Damon of NYC Commercial Realty!
On Thursday morning, The Real Estate got a press release from Bob Knakal, the well-named half of Massey Knakal:
Please dispose of all the old headshots you have of our chairman, Robert Knakal, and use this one from here on out. We've seen his headshot from seven years ago pop up recently so please, use this one!
But before we say goodbye to the past, we wanted to run through his glorious aesthetic evolution, from the late 1990's through today.
- John Koblin and Max Abelson
