Upstate New York

Phillips of Largo Real Estate secures
$12.1 million refinance

Tonawanda, NY Jack Phillips, principal of Largo Real Estate Advisors Inc. secured a $12.1 million permanent first mortgage to refinance the existing debt on a 307,000 s/f, light industrial warehouse. The fully occupied building was constructed to modern standards featuring good column spacing,

The Agency receives $11.2 million in funding for 27-acre 600 Main St. site

Union, NY The Agency will receive $11.2 million in funding from New York state to build-out and prepare the site at 600 Main St. The 27-acre site, which was once home to BAE Systems, was completely flooded in 2011. While the site looks “shovel ready,” a significant amount of investment is required to return it to

United Group promotes DiGiacomo to chief operating officer

Troy, NY Michael DiGiacomo of The United Group Companies, Inc. has been promoted to chief operating officer of United Group’s management company, United Plus Property Management, AMO (UPPM). In this role, DiGiacomo will take on increased responsibility in all phases of operations as well as play the crucial role of leading

CBRE Upstate NY brokers three deals totaling $1.665 million

Syracuse, NY CBRE Upstate NY negotiated the closing of three sales that were listed by its brokerage team. In Broome County, CBRE Upstate NY’s Rick Searles represented the seller, Luciano Piccirilli, in the disposition of 86 Walnut St., a 9,800 s/f office building

SmallChange.co expands with addition of five partners

Buffalo, NY SmallChange.co has expanded with the addition of five partners. All have experience in regulation crowdfunding: The five include Julian Anjorin, an entrepreneur with a background in cybersecurity; Derek King, who specializes in historic preservation; Richard Rogers,

April 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

We are looking forward to the upcoming annual conference being held June 24-26, 2024 at Rivers Casino in Schenectady! The event is sponsored by the NYS Commercial Association of Realtors, the Upstate NY CCIM Chapter and the Society of Exchange Counselors. Mercedes Brien (Rochester) is the conference chair and reported that this year’s event will feature

NYSCAR upcoming professional development courses

Albany, NY Please be sure to keep up to date with your continuing education credit for your real estate license. NYS C.E. requirements for license renewal. Any real estate licensee submitting an application for renewal for a license expiring on or after September 21, 2022 must

National Assn. of Realtors Legislative meetings May 4-9

Washington, DC At the Realtors Legislative Meetings, thousands of members assemble  to conduct the business of NAR — advocacy work that makes us the most respected voice in real estate, protecting property ownership and advancing commercial and residential markets.

United Group secures construction loan from
Berkshire Bank for City Station North II

Troy, NY The United Group of Companies, Inc. (United Group) has secured construction financing from Berkshire Bank for the development of City Station North II, LLC, a mixed-use, class A

Fitzsimmons and Zak named co-chairs of Hodgson Russ

Buffalo, NY Hodgson Russ LLP has appointed partners Carol Fitzsimmons and John Zak as co-chairs of the firm, effective February 1, 2024. Fitzsimmons is a leader in the firm’s general & international