Category: Western NY

716 Sports Complex breaks ground on 331,000 s/f multi-use facility

716 Sports Complex breaks ground on 331,000 s/f multi-use facility

September 29, 2026
Amherst, NY Construction is officially underway on the 716 Sports Complex, a $50 million, 331,000 s/f multi-use sports and entertainment destination designed to give families and the broader community a year-round place to play, compete, train and gather.
CPL implements next phase of leadership as  Liebert transitions to senior advisor from CEO

CPL implements next phase of leadership as Liebert transitions to senior advisor from CEO

September 29, 2026
Rochester, NY CPL has unveiled a planned leadership transition designed to support the firm’s continued growth and long-term strategic vision. Effective August 1, Todd Liebert transitioned from his role as chief executive officer to serve as senior advisor through his planned retirement at the end of 2026.
Endeavor Real Estate Group arranges $6.3 million sale of Fox Run Apartments

Endeavor Real Estate Group arranges $6.3 million sale of Fox Run Apartments

September 29, 2026
Webster, NY Endeavor Real Estate Group negotiated the sale of Fox Run Apartments, a 56-unit multifamily community located at 710 Ridge Rd. Endeavor conducted a targeted marketing process for the property, generating interest
EG TAX to offer annual income tax course beginning in Oct.

EG TAX to offer annual income tax course beginning in Oct.

August 25, 2026
Tonawanda, NY EG TAX will offer its annual income tax course beginning this October, providing participants with an opportunity to develop a broader understanding of federal tax law and
Slow moving cap rates - by John Rynne

Slow moving cap rates - by John Rynne

August 25, 2026
Since the 4th quarter of 2025, 10-year treasuries are up 50-60 basis points compared to the first part of August. As you know, 10-year treasuries are one of the important benchmarks for mortgage interest rates. Right now,
The Habitat Company starts first phase of 730-unit Marine Drive Apartments redevelopment

The Habitat Company starts first phase of 730-unit Marine Drive Apartments redevelopment

August 11, 2026
Buffalo, NY The Habitat Company, a U.S. multifamily developer and property manager, joined development partners Duvernay + Brooks and Bridges Development, an affiliate of the Buffalo Municipal Housing Authority (BMHA), along with governor Kathy Hochul, residents and community stakeholders to celebrate the start of construction on the first phase of the redevelopment of Marine Drive Apartments public housing complex.
Marcus & Millichap arranges sale of net-leased 11,400 s/f AutoZone property in Buffalo

Marcus & Millichap arranges sale of net-leased 11,400 s/f AutoZone property in Buffalo

July 28, 2026
Buffalo, NY Marcus & Millichap negotiated the sale of a net-leased AutoZone property. “This transaction required a highly coordinated execution strategy, as the sale occurred
Phillips of Largo Real Estate Advisors arranges $24.7 million loan for 156-unit multi-family in Honeoye, N.Y.

Phillips of Largo Real Estate Advisors arranges $24.7 million loan for 156-unit multi-family in Hone...

July 20, 2026
Honeoye Falls, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $24.7 million loan for a 156-unit multi-family property The non-recourse loan, placed through one of
Phillips of Largo Real Estate Advisors arranges $25 million loan on Amherst, NY hotel

Phillips of Largo Real Estate Advisors arranges $25 million loan on Amherst, NY hotel

July 15, 2026
Amherst, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $25 million loan on a select-service hotel. A portion of the funds went to refinance the existing debt, and the balance to
Empire Commercial Construction delivers  3,500 s/f space for JF Jones Jewelers

Empire Commercial Construction delivers 3,500 s/f space for JF Jones Jewelers

July 14, 2026
Webster, NY Empire Commercial Construction completed the construction contract for JF Jones Jewelers. Empire worked with plaza owner, Ashworth Property Group, on the renovations to an existing 3,500 s/f space located at 1170 Ridge Rd.
Phillips of Largo Real Estate Advisors Inc. arranges $12 million loan to refinance 102-room Staybridge Suites

Phillips of Largo Real Estate Advisors Inc. arranges $12 million loan to refinance 102-room Staybrid...

July 7, 2026
Amherst, NY Jack Phillips of Largo Real Estate Advisors Inc. arranged a $12 million loan to refinance the 102-room Staybridge Suites.
Appraisal Institute’s Upstate Chapter continuing education events

Appraisal Institute’s Upstate Chapter continuing education events

June 30, 2026
Rochester, NY The Upstate New York Chapter of the Appraisal Institute has an active education calendar for real estate appraisers for the remainder of 2026, including continuing education (CE) seminars
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