Conventus named finalist for Urban Land Institute N.Y. Award

Buffalo, NY According to project developer Ciminelli Real Estate Corp. and investment management firm and partner, Seavest Healthcare Properties, LLC, Conventus has been named a finalist in the Excellence in Office Development category of the Urban Land Institute New York (ULI) 2016 Awards for Excellence in Development. Conventus is one of only 14 finalists in the overall competition, and the only finalist outside of the New York City Area. The event recognizes exemplary land use projects in New York State that raise the bar for development, design, planning and sustainability. The finalists represent a cross section of industry leaders across residential, commercial, mixed-use and civic space development. The level of competition is extremely high; 4 World Trade Center is one of Conventus’ two competitors in the category of Excellence in Office Development. “These are significant, world class projects we are competing with,” said Paul Ciminelli, president and CEO of Ciminelli Real Estate. “To be named a finalist among them speaks not only to the talents of our project team, but to the momentum that the city of Buffalo and all of the institutions on the Buffalo Niagara Medical Campus have collectively created. It’s an incredible honor.” The Urban Land Institute has long held its own Global Awards for Excellence, which is widely recognized as the most prestigious awards program in the development community. With this competition, ULI New York is applying the same discerning eye to projects in New York. ULI New York will select the winners based on how a project distinguishes itself as part of a high-quality environment, and whether the development is commercially successful. Judges will tour the facility sometime in January, before making their final decision later in the month. ULI New York opened nominations for the awards on September 24. The winners will be announced at an awards ceremony to be held on March 10, 2016, in Manhattan. “The nomination is a tribute to the planning and execution of the project by our partner, Ciminelli Real Estate. We strive to develop projects that improve the healthcare environment for patients and tenants. Conventus exceeds this goal,” said Jonathan Winer, Senior Managing Director and Chief Investment Officer of Seavest. Headquartered in Buffalo, New York, Ciminelli Real Estate Corporation provides commercial real estate services - including property management, development, leasing, and construction - to over 350 international, national, and local clients in Western and Central New York, Pennsylvania, Connecticut and Florida.