Monte of RHG arranges $27.1m for The Shops at Main and Transit project

Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), has arranged $27.1 million in permanent financing for The Shops at Main and Transit project. The 229,000 s/f development features retail big box tenants such as Barnes & Noble, Best Buy, Office Depot, Petco, and Bed, Bath & Beyond. The project has high visibility at one of the busiest intersections in Upstate New York. The Shops at Main and Transit has been improved with new landscaping and signage. Benchmark Clarence Associates, LLC owns The Shops at Main and Transit and is part of The Benchmark Group. The Benchmark Group is a real estate management and development company headquartered in Amherst, with a total portfolio valued at close to $900 million, including nearly 5 million s/f of retail space in 6 states.