Upstate New York

Marks and Young of Marcus & Millichap secure $1.35m in financing; 1031-exchange facilitated by Kunofsky and Nardi

Marcus & Millichap Capital Corp.(MMCC), one of the leading providers of commercial real estate financing and capital markets expertise, has ...

Tudor and Collins of Coldwell Banker Commercial Meridian negotiate multiple sales totaling $2.421 million

The co-owners of the Coldwell Banker Commercial Meridian Real Estate office, Eric Tudor and Patricia Collins, have brokered the following le...

Morris and Stewart of Cronheim arrange $9.3 million in financing; for the borrower Mountainview Terrace Apartments, LLC

Dev Morris and Andrew Stewart of Cronheim Mortgage have arranged financing totaling $9.3 million for Mountainview Terrace apartments, locate...

Project of the Month: Omni Housing Development and Albany Housing Authority break ground for Phase 3 of South End affordable housing

Omni Housing Development LLC and the Albany Housing Authority, acting as co-developers, with extensive experience in energy efficient, affor...

The Hampshire Companies acquires 67,000 s/f of retail space from Columbia Development Companies

The Hampshire Companies, a full service, private real estate investment firm with equity in assets valued at more than $2.5 billion, has ann...

Professional Profile: Steven DeArruda, 2013

Name: Steven DeArruda Title: Senior Security Systems Designer Company: Business Protection Specialists, Inc. Business Protection Specialist...

Professional Profile: Michelle Keller, 2013

Name: Michelle Keller Title: Director of Risk Management Company: LeChase Construction Services, LLC Location: Rochester, NY Birthplace: Roc...

Professional Profile: Francis Marcel-Keyes, 2013

Name: Francis Marcel-Keyes Title: Vice President of Finance Company: Sinatra & Company Location: Buffalo, NY Birthplace: Washington, DC Educ...

Professional Profile: Mark Mascia, 2013

Name: Mark Mascia Title: President & CEO Company: Mascia Development, LLC Location: 244 Fifth Avenue Suite M204 N.Y.C./Satellite offices in ...

Rising interest rate's value effect

At the beginning of the year I forecasted that interest rates would increase and put upward pressure on overall capitalization rates. The re...