Upstate New York

June 2022 message from the president of NYSCAR - by Dana Crocker

As I write this article, we are planning to attend the 20th Annual NYS Commercial Association of Realtors Conference at Turning Stone Resort and Casino in Verona.

Marcus & Millichap brokers sale of The Sullivan County Portfolio

Monticello, NY Marcus & Millichap completed the sale of The Sullivan County Portfolio, a six-property, 232-unit apartment portfolio located in

Casale of M&T Realty Capital Corp. closes two loans: $10.15m total

Buffalo, NY According to M&T Realty Capital Corp., senior vice president Zach Casale closed two loans totaling $10.15 million.

Will of Hemisphere Holdings sells The Church Street Apts.

Port Byron, NY Hemisphere Holdings Corp. handled the sale and closing of The Church Street Apartments. The sale price was

CRE Consulting Corps partners with CCLR on Rome Brownfield site

Rome, NY A team of advisors from The Counselors of Real Estate has assessed how the city can best leverage community assets to redevelop the former

2022 Buffalo apartment market - by Brian Heine

When the New York State eviction ban ended in early 2022, class B and C apartment vacancy virtually disappeared from the Buffalo rental market. Asking rents for vacant apartments

Kislak Company, Inc. completes two sales totaling $25.15 million

Port Jervis, NY The Kislak Company, Inc. handled two sales totaling $25.15 million: Tudor Gardens Apartments, a 140-unit apartment complex at

Saleski of Sutton brokers $1.1 million sale with Emhoff of Emhoff Associates

Syracuse, NY Stephen Saleski of Sutton Real Estate Company, LLC. represented the buyers of 3300 Vickery Rd., North Syracuse, a 20,000 s/f multi-tenant

Axiom Capital Corp. structures and arranges $6.7m loan for 29-unit project

Saratoga Springs, NY Axiom Capital Corp has structured and arranged a $6.73 million construction to permanent loan for a 29-unit apartment project.

Champion Real Estate Co. acquires 715-bed student housing for $65m

Syracuse, NY Champion Real Estate Co. acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office