A common issue faced by real estate investors is owning properties that are geographically scattered. A possible strategy allows for them to efficiently consolidate and optimize their holdings, pay no tax through a 1031 exchange, and
Albany, NY Vanguard-Fine, LLC has completed the following: Barry Feinman, Kenneth Brownell and Paul Bulmer of Vanguard-Fine represented Albany Medical Center on the sale of 220 Washington Ave. Ext. between
Wappingers Falls, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of 1575 U.S. Rte. 9, according to
Rochester, NY WinnCompanies, a multifamily developer and property manager, celebrated the opening of 104 workforce apartments inside Liberty Lofts at Sibley Sq. The $23.6 million project marks the completion of a four-year effort to
Hamburg, NY The Hamburg Industrial Development Agency (IDA) Board of Directors, through their land development corporation, approved the sale of approximately 64.5 acres of land to Walden Development Group.
Cohoes and Schodack, NY The Community Preservation Corp. (CPC), a leading nonprofit multifamily finance and community revitalization company, and Finning Properties have closed two Freddie Mac Conventional Capital Markets Execution
Rochester, NY According to SWBR, Gianfranco Pietrantoni received his New York State architectural license from the New York State Education Department. Pietrantoni is a project architect at the firm.
Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., arranged permanent financing for a 55,000 s/f, single tenant, industrial warehouse building. The $4.6 million loan featured
Lake Placid, NY According to Justin Smith, president of Prestige Hospitality Group, LLC, (PHG) the newly constructed Lake Placid Inn has opened. The Lake Placid Inn is an independent hotel featuring 40 rooms and suites offering lake and mountainside views. Located at
Rochester, NY SWBR has hired three new team members: Construction administrator Tom Thompson, senior project manager Rich Linder AIA and project designer Pete LaDolce.
