Upstate New York - November 11-24, 2014

CPC breaks ground on $10.85 million Long Pond Senior Housing; Development partners: Rochester's Cornerstone / PathStone Corp.
Long Pond Senior Housing is an affordable supportive senior housing development being constructed off of Long Pond Rd., adjacent to Greece Baptist Church near Ridge ...

Alfandre Architecture awarded Best New Building Project of the Year by Ulster County - 231 Main Street, New Paltz
Alfandre Architecture has been awarded the Best New Building Project of the Year Award by the Ulster County Regional Chamber of Commerce for their new ...

Cap-rate comedy: When in doubt "use a cap-rate of 10%"
The proper full terminology of a "cap-rate" for the purpose of this article is: "overall capitalization rate" which is the ratio of net operating income ...

Manning Squires Hennig project receives LEED Gold Certification; SUNY Buffalo State's Technology Building - $25.05 million project
According to Manning Squires Hennig (MSH), SUNY Buffalo State's Technology Building has earned Leadership in Energy and Environmental Design (LEED) Gold by the United States ...

Monroe Roadways awarded Unity Hospital reconstruction contract
Monroe Roadways was awarded the contract for site construction services involving parking and roadway construction at Unity Hospital, part of the Rochester Regional Health System. ...

Performance analysis a must on multifamily investment property
A "Financial Physical" will show owners of multifamily investment property how they can double, triple and in some cases even quadruple the size of a ...

Will of Hemisphere Holdings Corp. completes $1.5 million sale; Butternut Hill Townhomes - 40 units
Richard Will, President of Hemisphere Holdings Corp. arranged the sale of Butternut Hill Townhomes for $1.5 million. The property is located at 154 Hailesboro St. ...

Professional Profile: Irvin Ackerman, 2014
Name: Irvin Ackerman Title: Team Leader Company: Sunrise Realty Advisors Location: Albany, N.Y. Birthplace: Brookyn, N.Y. Education: United States Coast Guard "A" School First job outside ...

Professional Profile: Eric Ferguson, 2014
Name: Eric Ferguson Title: Regional Manager Company: Sunrise Management & Consulting Location: Albany, N.Y. Birthplace: Mansfield, Ohio Education: Graduate of Voorheesville High School, ARM- Institute of Real Estate Management First job ...

Professional Profile: Jesse Holland, 2014
Name: Jesse Holland Title: President and Founder Company: Sunrise Management & Consulting Location: Albany, N.Y. Education: B.S from Cornell University First job outside of real estate: None First job in real ...

Professional Profile: Keith Flores, 2014
Name: Keith Flores Title: Vice President and COO Company: Sunrise Management & Consulting Location: Albany, N.Y. Birthplace: Menands, N.Y. Education: B.A. from the State University of New York at Albany First ...

Cushman & Wakefield secures sale of 234-unit Steeplechase at Malta; Team includes DelVecchio and Tidd of Pyramid Brokerage
Steeplechase at Malta, a 234-unit garden-style apartment community, has a new owner. The seller was represented by Cushman & Wakefield's East Rutherford, N.J.-based Metropolitan Area ...

Crump joins PHG as vice president of operations
According to Justin Smith, president and chief operating officer of Prestige Hospitality Group (PHG), Sean Crump has joined the company as VP of operations. In this ...

CBRE | Syracuse completes two sales and multiple leases; $175,000 sale of 929 Avery Avenue - 4,705 s/f retail building
Michael Finn, managing partner of CBRE | Syracuse, revealed the recent commercial real estate transactions: * Bill Anninos represented the tenant Barnhart Crane & Rigging in ...

Searles of CBRE | Syracuse brokers $275,000 sale and 52,000 s/f industrial building sale
Rick Searles of CBRE | Syracuse, exclusively brokered the $275,000 sale of 1017 Conklin Ave. The seller, JMT Logistics, an automated materials handling company, sold ...

Searles of CBRE | Syracuse secures $1.3 million sale
CBRE | Syracuse's Rick Searles exclusively brokered the $1.3 million sale of a 5.25 acre site including an existing cell tower at 44951 County Rd. ...

North Forest Office Space constructing new medical offices; Southtowns Medical and Professional Park - 18,000 s/f
North Forest Office Space is building new medical offices in its office parks in suburban Buffalo and Rochester. The Southtowns Medical and Professional Park is ...

Ciminelli Real Estate grows mgmt. portfolio
Ciminelli Real Estate Corp. added 850,000 s/f of commercial space to their 11 million s/f management portfolio. Ciminelli was contracted by global management firm Cassidy ...

Picone Construction Corp. completes renovations to Leonardo Da Vinci High School
Picone Construction Corp. has completed interior renovations to the Leonardo Da Vinci High School located at 320 Porter Ave. Improvements made to Madonna Hall and ...

Italian Civic League honors J. DiMarco Sr. of DiMarco Group; Receives Lifetime Achievement Award
For more than five decades, John DiMarco Sr., chairman and chief executive officer of DiMarco Group, has been an inspiring advocate for the promotion of ...

TAYLOR named to Rochester Top 100 List
According to TAYLOR, one of the leading regional general contractors, the company has been recognized as one of Rochester's Top 100 for 2014, ranking 14th ...

Heiss of Largo Group of Companies finances $32 million
Kevin Heiss, managing director of the Largo Group of Companies, arranged $32 million to refinance the existing debt on a 300,000 s/f class A office ...

Theriault of Hunt Commercial Real Estate sells former Lutheran Church Home of Buffalo
The building that formerly housed the Lutheran Church Home of Buffalo was sold. Located at 217 East Delavan Ave., the property, built in 1906, was ...

Ferro of Prudential Blake secures three deals totaling $6.3 million; Includes $1.7 million sale brokered by Parisi and Grossman of Trinity Realty Group
Richard Ferro, CCIM, of Prudential Blake Commercial, Realtors represented Cap Com Federal Credit Union in the sale of two properties and the purchase of a ...

Calamar celebrates ground breaking for $10 million Fairway Pointe Senior Village
Calamar, a Wheatfield, NY based full-service real estate organization with divisions in construction, development, property management and finance & investment celebrated with a ground breaking ...