Upstate New York

Pisanelli of U.S. Realty Capital closes $10.3 million retail const. loan

The Atlantic Northeast office of U.S. Realty Capital brokered a total of $10.3 million: $9.3 million of construction financing for a 56,000...

GRE and SBC to hold second annual Eyes on the Future economic summit

Last June, 1,000 people came together at the Eyes on the Future economic summit to learn about the area's opportunities and assets as well a...

JF R.E. leases 2,800 s/f and one land out parcel

J.F. Real Estate, Inc. has recently completed three leases totaling 2,800 s/f of retail space and one out parcel. * Martin McDermott, vice p...

MDA to be honored by Workforce Management with the Optimas Award

The Metropolitan Development Association (MDA) of Syracuse & Central New York has been named as a 2008 recipient of an award in the field of...

Will of Hemisphere Holdings sells 70-unit apt. complex for $2.1 million

Richard Will, president of Hemisphere Holdings Corp., brokered the $2.1 million sale of the Wedgewood I Apartments. The subject is located o...

CPC provides $4 million Freddie Mac loan to refinance a 146-unit garden-style rental apartment complex in Cortland

The Community Preservation Corp. (CPC) has closed on a $4 million Freddie Mac permanent loan to refinance a garden-style complex. Located at...

Omni Housing Development to complete revitalization of 52-unit $12 million South End project in Albany

A $12 million affordable housing project underway in the South End section of the city is spearheading a revitalization effort that will tra...

Recession or adjustment in upstate real estate values? The “mortgage crisis” is overblown

Real estate values have been negatively affected by the recent “mortgage crisis” in the upstate New York. However, much of this has bee...

Motivation + performance = price: Auctioneers agree the time is right in this market

Market fluctuations influence all of the relevant stakeholders in a real estate transaction to one degree or another. So why are real estate...

Real estate environmental risks: What level of due diligence is appropriate?

Environmental due diligence is an essential part of most real estate transactions. However, what level of due diligence is appropriate. Many...