Utica, NY Axiom Capital Corp. has structured and arranged a $25,356,396 (10-year, 2 years I/0) construction to permanent loan for a class A, multi-tenant medical office building. The project entails the construction of a 3-story, 76,393 rentable s/f building situated on 1.46 acres
Binghamton, NY Leadership Alliance CEO, Stacey Duncan, has been named a recipient of City & State New York’s 2023 Above & Beyond Award. City & State is a media organization dedicated to covering New York’s local and state politics and policy providing in-depth,
Fishkill, NY CBRE brokerd the sale of a 16-property, 2,155-key hotel portfolio located across nine states. A joint venture between Dallas-based NewcrestImage and Phoenix-based Hospitality Capital Partners (HCP) acquired the portfolio for $137.3 million.
Albany, NY NYSCAR is very sad to share the news that president Dana Crocker passed away on March 29, 2023 after a short illness. Crocker served on the NYSCAR Board for many years, serving as governor, vice president, secretary and treasurer before being elected president in 2022. He was proudly honored as NYSCAR’s Realtor of the Year in 2013.
Queensbury, NY Christopher Farrell and Barry Feinman of Vanguard-Fine, LLC and Ann MacAffer of CBRE, Albany brokered the sale of 176 Quaker Rd. between the buyer Collection Center Property Company, LLC and seller Aldi, Inc. (New York). The purchase price was $1.55 million.
Lackawanna, NY Local community leaders gathered at 8 Dona St. for a ceremonial ribbon cutting for Uniland’s new distribution and advanced manufacturing facility. Built on “spec”, Uniland has fully leased the 150,000 s/f building and has begun construction on a second
Perry, NY KeyBank Community Development Lending and Investment (CDLI) provided $10.6 million to Rochester’s Cornerstone Group, Ltd. (Cornerstone) for the acquisition and rehabilitation of Silver Lake Meadows, a 52-unit, fully subsidized family project at 165 Lake St.
North Creek, NY Muroff Hospitality Group sold The Phoenix Inn Resort (formerly known as the Copperfield Inn), at 307 Main St., for $1.94 million. Mitch Muroff represented the seller, Diana Espalza, and secured the buyer, Buhai and Zihan Ren, in this exclusive offering.
Verona, NY On March 21
st, NYSCAR will feature Joseph Larkin, CCIM, MCR, SIOR teaching Real Estate Investment Measurements Using Excel. Time: 11:00 am – 1:00 pm via Zoom
Albany, NY James Kelly, CCIM, Hanna Commercial Real Estate, Syracuse, was named NYSCAR’s Realtor of the Year for 2022 during the February 7 NYSCAR board meeting. The NYSCAR Realtor of the Year award is given each year to recognize an outstanding active member of the New York State Commercial
