What CIREB does

CIREB (The Commercial and Industrial Real Estate Brokers, Inc.), founded in 1967 and headquartered at 449 New Karner Road in Albany, New York, is a private not-for-profit professional trade association serving commercial real estate practitioners in New York's Capital Region and the extended Tech Valley market. The organization operates as a regional membership association, with current membership reported at 549+ professionals across five tiers: Broker, Associate, Affiliate, Chamber of Commerce/Economic Development, and Principal Appraiser. Its members include licensed commercial REALTORS, agents, property managers, developers, appraisers, and supporting institutions such as regional banks and economic development organizations; named member firms include CBRE Albany, Berkshire Hathaway Blake Commercial, NAI Platform, Pyramid Brokerage, and Coldwell Banker Commercial.

CIREB's core product is a commercial multiple listing service (MLS) described as the country's oldest and most advanced commercial MLS, providing a searchable database of commercial and industrial properties for sale and lease. Adjacent member services include a Wants & Needs matching service that connects buyers and tenants with brokers, a public member directory, networking events (monthly sessions, annual golf tournaments, Spring Fling, holiday parties), and continuing education programs fulfilling NYSAR-mandated training requirements. The organization is affiliated with the National Association of REALTORS, the NY State Association of REALTORS, the Greater Capital Association of REALTORS, and the International Council of Shopping Centers, and works with regional economic development entities including Capitalize Albany, the Center for Economic Growth, and the Capital Region Chamber.

The revenue model is membership-driven and subscription-recurring, with annual dues pro-rated throughout the year across the five membership tiers; pricing is not publicly disclosed and requires direct contact. Supplemental revenue is generated through event sponsorships, educational program fees, and affiliate listings. The organization is governed by a volunteer Board of Directors elected by members, with day-to-day operations led by a single Executive Director (Kelly A. Pierce, in the role since 1998). CIREB holds no venture backing, has no parent company, and operates as an independent 501-style New York not-for-profit.

Name

CIREB

Legal name

The Commercial and Industrial Real Estate Brokers, Inc.

Website

https://cireb.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CIREB is a 1967-founded not-for-profit trade association in Albany, NY, operating the country's oldest commercial MLS for 549+ commercial REALTORS, brokers, appraisers, and affiliates across New York's Capital Region and Tech Valley, monetized through tiered annual membership dues and event programming.

Ownership category

akta.pro rank

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: Annual membership fees collected from brokers, associates, affiliates, CC/Economic Development, and Principal Appraiser members. Fees are pro-rated through the year.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

CIREB is a professional trade association serving commercial real estate brokers, agents, property managers, developers, appraisers, and affiliates in New York's Capital Region and Tech Valley. It operates the country's oldest commercial Multiple Listing Service (MLS), provides a searchable member directory, runs a Wants & Needs matching service, and offers membership tiers, networking events, and continuing education programs.

Product overview

CIREB is a professional trade association established in 1967 serving New York State's Capital Region and Tech Valley. The organization offers a suite of services centered around its commercial multiple listing service (MLS), which is described as the country's oldest and most advanced commercial MLS, providing property listings for sale and lease. Additional core offerings include a member directory of over 549 professionals, a wants and needs matching service connecting buyers/tenants with brokers, and various membership classifications (Broker, Associate, Affiliate, Economic Development, and Principal Appraiser). The association also provides networking events and educational programs to support commercial real estate professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Multiple Listing Service (MLS) Interactive search engine providing CIREB members and the public with access to commercial and industrial properties for sale and lease across New York's Capital Region and Tech Valley.
• Member Directory Searchable directory of 549+ CIREB members including brokers, agents, property managers, developers, appraisers, and affiliate professionals serving the commercial real estate market.
• Wants & Needs Matching Service Service connecting individuals and businesses seeking commercial properties with CIREB's network of over 600 commercial REALTORS, allowing users to submit property requirements across multiple asset categories.
• Broker Membership Principal Broker Member classification for licensed real estate brokers who hold REALTOR principal membership and are actively engaged in commercial and industrial brokerage business.
• Associate Membership Associate Member classification for Realtor-Associate or Realtor (non-principal) members who are associated with a Principal Broker Member of the organization.
• Affiliate Membership Affiliate Member classification for individuals, partnerships, corporations or institutions not actively engaged in real estate brokerage but with an interest in commercial real estate brokerage business.
• Chamber of Commerce / Economic Development Membership Membership for individuals, corporations or institutions not holding a real estate license but interested in economic development or business promotion of the Capital Region.
• Principal Appraiser Membership Membership for persons engaged in the Commercial Appraisal Business holding appropriate membership in a Board/Association and New York State licensed and certified appraiser status.
• Networking Events Program Recurring networking sessions and events including monthly networking sessions, annual golf tournaments, spring fling events, and holiday parties that connect commercial real estate professionals across the Capital Region.
• Educational Programs Continuing education programs including courses like All About Leases and Foundations for Success in CRE, helping members meet NYSAR continuing education requirements.

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and minor.

• National Association of REALTORS (NAR)coreOthersNational trade association providing leadership, advocacy, and professional standards for REALTORS. CIREB members agree to abide by NAR's Code of Ethics.
• NY State Association of REALTORS (NYSAR)coreOthersState-level association providing advocacy, education, and legal resources for REALTORS in New York. CIREB maintains active engagement with NYSAR for legislative updates and continuing education requirements.
• Greater Capital Association of REALTORS (GCAR)coreOthersLocal REALTOR association serving the Capital Region. Members of CIREB hold membership in local associations including GCAR.
• International Council of Shopping Centers (ICSC)minorOthersGlobal trade association for the shopping center industry. CIREB maintains resource links to ICSC for members involved in retail commercial real estate.
• Capital Region ChambercoreGTM or Marketing PartnerRegional chamber of commerce supporting business development in the Capital Region. CIREB works with the chamber on economic development initiatives.
• Capitalize AlbanycoreStrategic or Co-development PartnerEconomic development organization focused on Albany's growth. CIREB members provide commercial real estate expertise for economic development projects.
• Center for Economic Growth (CEG)coreStrategic or Co-development PartnerRegional economic development organization serving the Capital Region. CIREB collaborates on initiatives to attract and retain commercial development.
• TD BankminorChannel Partner/ Reseller/ DistributorFinancial institution providing banking services to CIREB members as affiliate member. Listed in CIREB's Financial Institutions resource page.
• Ballston Spa National BankminorChannel Partner/ Reseller/ DistributorRegional bank serving as affiliate member providing financial services to commercial real estate professionals.
• Pioneer BankminorChannel Partner/ Reseller/ DistributorLocal bank listed as affiliate member providing commercial lending and banking services.

Scale indicators4 records

Recent moves7 records

Expansion highlights8 records

Others

• International Council of Shopping Centers (ICSC): The global trade association for the shopping center industry. CIREB maintains resource links to ICSC for members involved in retail commercial real estate, making it a thematically related industry organization with adjacent member benefits.

Emerging players

• Crexi: A fast-growing commercial real estate marketplace with data, marketing, and deal management tools. Crexi is an emerging player that competes with regional MLS systems like CIREB's by offering modern UX and national reach to commercial brokers.

Direct peers

• Greater Capital Association of REALTORS (GCAR): The local REALTOR association for the Capital Region. CIREB members are required to hold GCAR membership, making GCAR a directly comparable trade association with overlapping membership and shared governance over commercial real estate professionals in the same geography.
• Catylist: A commercial MLS platform provider serving regional CRE broker associations. Catylist is a direct peer offering the underlying MLS technology that CIREB could license or compete with, serving many similar regional CRE associations and MLS systems.

Broad incumbents

• CoStar Group: CoStar Group operates CoStar (commercial real estate data) and LoopNet (commercial marketplace), the dominant national CRE information platforms. It is a broad incumbent whose national scale and data depth place it in competitive overlap with CIREB's regional MLS.
• LoopNet: A national commercial real estate marketplace owned by CoStar. LoopNet offers sale and lease listings nationally and competes directly with CIREB's MLS by aggregating larger listing inventory and reaching a broader buyer/tenant audience.
• National Association of REALTORS (NAR): The national trade association for REALTORS. CIREB members agree to abide by NAR's Code of Ethics, positioning NAR as a broader incumbent providing the professional standards and ethics framework that CIREB operates within.
• NY State Association of REALTORS (NYSAR): The state-level REALTOR association for New York. CIREB maintains an active engagement with NYSAR for legislative updates and continuing education requirements, making it a broader incumbent with statewide scope that CIREB operates within.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cirebnys
• Facebookfacebook.com/sharer/sharer.php?u=&t=

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CIREB