Faraz Cheema: Scaling from D.C. Roots to NYC Real Estate Heights

From growing up in a one-bedroom apartment in D.C. to representing office property sellers in Manhattan, Faraz Cheema’s story is a masterclass in hustle and reinvention. In this episode, Bruce Bean sits down with Faraz to trace his path from managing family investments to becoming a top capital markets broker in New York City.

Faraz shares how his father's entrepreneurial spirit sparked his early exposure to real estate, and how setbacks like struggling in school ultimately led to a master’s degree from Johns Hopkins and a successful career in commercial real estate. He also dives into current market trends, including the dramatic dip in NYC office property values, the challenges of financing in today’s environment, and the increasing relevance of office-to-residential conversions.

What You’ll Learn:

• How family business gave Faraz a foundation in real estate

• Why he transitioned from D.C. to NYC office brokerage

• Insights into Manhattan office market price shifts

• Trends in office-to-residential conversions

• What brokers need to know about client loyalty

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