Upstate New York

Laster, Chetner and Karpel of Meridian Capital arrange $57.2M in financing for seven Upstate New York properties

Rochester, NY Meridian Capital Group has arranged $57.2 million in acquisition financing for seven multifamily properties in Rochester, Syracuse, and Albany on behalf of Carlton Management, LLC. The 10-year agency loan features a rate of 3.22% and six years of interest-only...

MacAffer and Simonds of CBRE-Albany sell retail sites for $357,000; Hanna Commercial RE acts for buyer, Keshu

Perth, NY According to CBRE-Albany, the company has brokered the sale of 4178 and 4184 Rte. 30 for $357,000.  4184 Route 30 is a former Stewarts that is occupied by Case Supply Inc. 4178 Route 30 is a former bank branch that will be converted into a

DG Law plans ribbon cutting to open new Saratoga Springs office September 19th

Saratoga Springs, NY Newly formed DeAngelus Goralczyk PLLC (DG Law) is planning a ribbon cutting and open house event on September 19th to celebrate their firm’s expansion. Attorneys Karen DeAngelus and Jacqueline Goralczyk formed the firm in March,

Vanguard-Fine leases 143,413 s/f and brokers sales totaling $7.632 million

Oneonta, NY According to Vanguard-Fine, LLC, the firm has completed eight sales totaling $7.632 million, and leased over 143,413 s/f: • Barry Feinman and Kenneth Brownell of Vanguard-Fine brokered the $4.77 million sale of 5.2 Acres Gas Station, Car Wash and Office Building. The buyer and seller wish to

Selling investment property, thinking you don’t have a gain - by Russell Gullo

There are many scenarios when selling income-producing real estate or investment-held property where you may experience a significant, and unexpected, gain (profit) and face a large tax liability that could have been avoided. If you encounter one of the examples below, make sure you

Empire Commercial and Davidson Arch. partner for two KFC restaurants

Horseheads, NY Empire Commercial Construction is nearing completion for construction on two Kentucky Fried Chicken locations. Empire is teaming with Kansas-based Davidson Architecture & Engineering

Tudor Collins Commercial Real Estate broker 10 leases: 106,400 s/f

Cheektowaga, NY Tudor Collins Commercial Real Estate have completed the following leases: According to Patricia Collins and Eric Tudor of Tudor Collins, The Airport International Centre on Sonwil Dr. is continuing a

HREC Investment Advisors arranges sale of Hampton Inn Rochester Irondequoit

Rochester, NY HREC Investment Advisors completed the sale of the 77-guestroom Hampton Inn Rochester Irondequoit. A regional owner/operator has acquired the property. The sale price was not disclosed.

Cushman & Wakefield|Pyramid completes seven sales totaling $3.44 million and secures 49,277 s/f in leasing transactions

Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. (CW|Pyramid) has completed the following transactions: 8 Dwight Park Dr.: Bodycote Syracuse Heat Treating Corp purchased a 58,717 s/f industrial manufacturing facility from

Cronheim arranges $13.5 million for Poughkeepsie Plaza redevelopment

Poughkeepsie, NY Cronheim Mortgage secured financing totaling $13.5 million for the redevelopment of Poughkeepsie Plaza, 2600 South Rd. The borrower wishes to remain anonymous at this time.