Upstate New York

The subprime market and cap rates: Why did this happen and what overall effect will it have?

The recent subprime crisis has certainly made the headlines in recent weeks. Delinquencies /foreclosures are up and even some large mortgage...

Besser and Wilson of Pyramid broker $14.7 million sale of a 13-property portfolio

Pyramid Investment Properties Group brokered the sale of a 13-property, 602-unit apartment portfolio for $14.7 million. Kevin Besser, CCIM, ...

Furlani, Redmond and MacAffer of CBRE/Albany handle $1.4m sale

According to CB Richard Ellis/Albany the $1.4 million sale of 143 Montgomery St. has been completed. Gordon Furlani, Peter Redmond, SIOR, an...

Utilizing absolute auctions: For the motivated seller, its not a half-baked idea

For the motivated seller with some equity in their property, absolute auction—selling without a reserve to the highest bidder—...

Cost cutting tips for opening your office

Opening the perfect office affordably requires planning and strategizing from the start to ensure you make the right decisions for your busi...

President's message: Everyone into the pool!

The New York State Commercial Association of Realtors (NYSCAR), WNY chapter board of directors, voted September 11 to open access to the Buf...

Iskalo Development celebrates reopening of the Electric Tower

Mayor Byron Brown recently joined Paul Iskalo in a ceremonial toast to celebrate the grand reopening of the Electric Tower. The event featur...

Lorigo of Largo completes $9m first mortgage for 199-room Holiday Inn

Mike Lorigo, account executive for Largo Real Estate Advisors, Inc., arranged first mortgage financing in the amount of $9 million for a Hol...

NorthMarq Capital arranges a total of $130 million in mtge. financing

NorthMarq Capital has completed a total of $130 million in financing for developers on a variety of properties. The following highlights sev...

Manley of CTRR brokers 23,000 s/f lease expansion for CBLPath Inc. -Ruggeri and Walsh of Cushman & Wakefield rep. landlord

CBLPath Inc. has leased the entire 23,000 s/f third floor of a building for 10 years in a 55% expansion of their space at 760 Westchester Av...