News: Brokerage

Rochester Spotlight Company Profile: SVN | Realty Performance Advisors, Inc.

Robert Marvin,
SVN | Realty Performance Advisors

Name: Robert Marvin, RPA, FMA 

Title: Managing Director

Company Name: SVN | Realty Performance Advisors, Inc.              

How many years have you been in your current field? 32 years

What was your company’s greatest achievement of 2018? 
Sale of The Hawkeye Building, a 760,000 s/f industrial complex owned by Eastman Kodak Co., vacant since 2012. SVN | Realty Performance Advisors, Inc. (SVN | RPA) exclusively listed the Hawkeye Building, and was sold through a “Call for Offers” disposition method with a minimum requested offer of $1 million. With multiple offers generated, the ultimate sale price was over $2.5 million. Joe Rowley Jr. and Joseph Rowley III led the marketing efforts for the SVN Team.

What is the most exciting job/project/goal for your company in 2019?
Disposition of 205 at the Park through a “Call for Offers” method. This one million s/f manufacturing/office/lab building owned by Eastman Kodak Co. located within Eastman Business Park is partially occupied and located in an Opportunity Zone. The building utilities include high pressure and low pressure steam, compressed air and heavy electric for manufacturing and research/development. The location at Mt. Read Blvd. at West Ridge Rd. in the city of Rochester is close to I-390 and I-490 for convenient access.

What attracted your business to the Rochester Region?
SVN | RPA owners, managers and advisors have been conducting business in the commercial real estate market throughout the Rochester Region collectively for many years. When the opportunity was presented to Robert and Catherine to establish the local SVN office it created an exciting opportunity with a national reach.  

What Rochester Region networking opportunities does your business participate in? 
SVN | RPA participates in many charity and professional organization events throughout the various communities annually.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.