Upstate New York

Heidenberg Properties Group, Strategic Real Estate Partners and Realty Group joint venture sign Middletown Medical to 8,413 s/f at Thompson Square Shopping Center

Monticello, NY A joint venture partnership between Heidenberg Properties Group, Strategic Real Estate Partners (SREP), and Norse Realty Grou...

Hunt Mortgage Group places $20.9 million for multifamily properties; borrower is Riverside Charitable Corp.

Saratoga Springs, NY Hunt Mortgage Group has utilized HUD’s 223(f) loan program to finance the acquisition and rehabilitation of two a...

Concord Capital acquires Playtogs Shopping Center for $4 million–18 acres in Middletown

Middletown, NY Concord Capital New York has purchased Playtogs Shopping Plaza, an 800,000 s/f mixed-use site with 200,000 rentable s/f. The ...

Buffalo Multifamily Investment Property Forum 2018 to be held April 28th at Millennium Hotel in Cheektowaga

Cheektowaga, NY The Buffalo Multifamily Investment Property Forum 2018, will be held Saturday, April 28th, at the Millennium Hotel (2040 Wal...

Heine brokers sale of Winchester Village Apartments for $1.4 million; Venture Properties Group is seller

West Seneca, NY Brian Heine has completed the sale of the Winchester Village Apartments for $1.4 million. Winchester Village is a 20 unit ga...

Utica CW|Pyramid Brokerage completes two sales, leases 1,600 s/f; $200,000 sale brokered by Conley and Carnie of CW|Pyramid

Utica, NY The Cushman Wakefield|Pyramid Brokerage Co. has completed the following transactions: • 248-252 Genesee St.: The 14,484 s/...

Charterhouse Development buys Rite Aid Pharmacy site at 7939 Brewerton Rd. in Cicero

Cicero, NY Charterhouse Development Corp. has purchased a Rite Aid pharmacy at 7939 Brewerton Rd. The store totals 11,180 s/f and was acq...

Looking ahead: What is next for the “new Buffalo?” - by Bob Richardson

Bob Richardson is the president of the NAIOP Upstate New York Chapter, The Commercial Real Estate Developers, and managing partner of Blue C...

Kaushansky of Arbor originates $41.65 million bridge loan for the acquisition of 440-bed skilled nursing facility in Syracuse

Syracuse, NY Arbor Realty Trust, Inc., has completed the recent funding of a $41.65 million bridge loan for the acquisition of James Square ...

Delisle of Island Associates and Gorman of CBRE negotiate $5.711 million sale of QuickChek property

New Windsor, NY Roger Delisle of Island Associates, purchaser’s broker, along with Matthew Gorman of CBRE, seller’s broker, succ...