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Bayport Funding provides $3.2 million
loan for apartment project
November 14, 2023
Hempstead, NY Direct bridge lender Bayport Funding provided a $3.2 million acquisition and mid-construction loan for the ground-up development of 1104 Hempstead Ave., in Malverne. Located on a 38,320 s/f plot, this
Merritt Environmental Consulting’s
headquarters awarded LEED Gold
November 14, 2023
Hauppauge, NY Merritt Environmental Consulting Corp. (MECC) headquarters located at 519 Rte. 111 has been awarded LEED Gold certification by the U.S. Green Building Council (USGBC).
Rick and Sunshine of Janover announce firms merger
October 31, 2023
IREON members, Kenneth Rick, Partner, Janover LLC and Barry Sunshine, Senior Tax Partner and IREON financial advisor since 2018 announced the firm's merger with Armanino, the 18th largest CPA firm in the United States, effective Nov 1, 2023 read the full story
Rockabill add Assistant Vice President to expand supportive housing practice
October 31, 2023
Eve Passman has joined Hoboken-based Rockabill Development & Consulting as an Assistant Vice President. In this new role, she will support the structuring and underwriting of supportive housing projects across New York City and State. Eve’s diverse background
JLL Capital Markets arranges $29 million financing
for 101-unit Whisper Woods of Smithtown
November 14, 2023
Smithtown, Ny JLL Capital Markets arranged $29 million in financing for Whisper Woods of Smithtown, a 101-unit, 136-bed assisted living and memory care community located at 71 St. Johnland Rd.
Nassimi Realty acquires two shopping centers in Ohio and Illinois for $30 million
October 31, 2023
Garfield Heights, OH Nassimi Realty acquired two retail properties, Turney Town Plaza and Four Flaggs, totaling $30 million and adding up to 500,000 s/f of retail space.
Rockabill secures $47.2 million to convert former nursing home into affordable senior community
October 31, 2023
Yonkers, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $47.2 million on behalf of the nonprofit Finian Sullivan Corporation (FSC) to finance the acquisition and adaptive reuse of the former Convent of Mary the Queen nursing home. FSC’s is the owner and operator of two longstanding affordable housing developments
NYSCAR 2024 committee service
November 14, 2023
Albany, NY We hope you will consider serving on a NYSCAR committee in 2024. Please watch your email for information relative to committee service. Don’t sit on the sidelines – get involved and help shape
NYSCAR advertising guidelines
November 14, 2023
Albany, NY From time to time, there are questions regarding real estate advertising. Visit https://dos.ny.gov/real-estate-advertising to access real estate advertising regulations, real estate advertising guidance
NYSCAR educational session: The next evolution of artificial intelligence to be held on Nov. 28
November 14, 2023
Albany, NY NYSCAR will hold an educational session, The Next Evolution of Artificial Intelligence, on November 28th, via Zoom from 10:00 am – 11:00 am. The course will be instructed by David Conroy, director of Emerging Technologies.
NAR praises administration’s actions on commercial property conversions
November 14, 2023
Washington, DC National Association of Realtors president Tracy Kasper issued the following statement after the White House unveiled its Action to Create More Affordable Housing by Converting Commercial Properties to Residential Use.
Hudson Valley chapter of NYSCAR honors the memory of James Walker
November 14, 2023
Newburgh, NY Hudson Valley chapter president John Coladonato said the Hudson Valley Chapter of NYSCAR will have a newly named award given out at their Dealmaker’s event called “The James Walker” award.
NYSCAR mourns the loss of past president James Walker, CCIM - by Robert Strell
November 14, 2023
NYSCAR lost a true leader, friend and colleague with the passing of James Walker, CCIM, of Fishkill on October 16th. Jim was an associate broker with Keller Williams Hudson Valley (Middletown).
The Upstate New York Chapter of the Appraisal Institute education courses
November 14, 2023
Verona, NY The Upstate New York Chapter of the Appraisal Institute has had an active education calendar for real estate appraisers again in 2023 for continuing education (CE) with upcoming seminars in December and the first month of 2024. The Appraisal Institute (AI) is recognized as the leader in the real estate
TAYLOR named to Greater Rochester’s Top 100 list of fastest-growing companies
November 14, 2023
Rochester, NY TAYLOR, a leading regional general contractor, announced that it has earned a spot on the 2023 Top 100 list of fastest-growing, privately owned companies in the Rochester and Finger Lakes region. Greater
HUNT Engineers and Architects’ 50th anniversary
November 14, 2023
Rochester, NY For HUNT Engineers and Architects, a holistic mission to provide services to the communities where its employees “live, work, & play” began in 1973 in the aftermath of Hurricane Agnes
Hodgson Russ names Hecker Real Estate, environment, energy and finance practice area leader
November 14, 2023
Buffalo, NY Hodgson Russ LLP said that Michael Hecker has been named practice area leader of the firm’s newly combined real estate, environment, energy & finance practice area. He will lead a team of more than 50 nationally recognized attorneys, along with other business professionals, that regularly work as part
Reginelli to transition leadership of Capitalize Albany Corp.
November 14, 2023
Albany, NY After more than a decade with Capitalize Albany, Sarah Reginelli, the corporation’s president, and CEO of the city of Albany Industrial Development Agency and Capital Resource Corp.
The Agency board approves purchase of three parcels totaling 300 acres
November 14, 2023
Binghamton, NY The Broome County Industrial Development Agency board of directors voted to approve at the October board meeting the purchase of three parcels in the towns of Union and Maine. The option to purchase the three parcels, which total nearly 300 acres, was originally negotiated between The Agency and the landowner
Gantry secures $44.5 million in loans for three
multifamily properties and one self storage prop...
November 14, 2023
Buffalo, NY Gantry has secured a total of $44.5 million in four unique loans for different sponsors and assets in Upstate New York. Two of the loans funded new multifamily construction in the greater Albany Region, one loan refinanced an existing multifamily community in Buffalo, and one loan provided construction