Overall capitalization rates are affected by many factors. Interest rates are one of the most notable but somewhat overrated. Overall cap rates are one the most discussed terms in the real estate market. That’s because one of the keys to estimating value for income
Robert Morgan and four other employees of the Morgan Companies in Rochester have been arrested for submitting false information to mortgage lenders to obtain inflated financing unsettling the upstate New York apartment market. Recently one former executive has…
Clifton Park, NY Pier-Luca Bruno has joined Axiom Capital Corp. as senior vice president of business development. Bruno is responsible for developing and managing existing and new client relationships
Johnson City, NY In the Spring of this year, Broome County unveiled plans to move its Office of Employment and Training and a portion of the Department of Social Services (DSS) to the former
Rochester, NY SWBR hosted a special 50th anniversary celebration for its employees, clients, local dignitaries, business leaders, friends an...
East Amherst, NY Bevilacqua Development L.P. is now in the final stages of its new development, the Transit Meadows, located on Transit Rd. The project cost was not disclosed. The site totals 45,000 s/f of office and retail space spread over
Syracuse, NY According to Michael Finn, managing partner of CBRE|Syracuse, the firm has completed three sales: Bill Anninos, of CBRE|Syracuse, and Fred Burstein, of CBRE|Long Island, represented the seller, Sam’s Real Estate Business Trust, in the $5.675 million sale of...
Troy, NY Leaders of The Rosenblum Cos. were joined by state and local officials, members of the business community and neighborhood residents to break ground on Rosenblum’s new $18 million mixed-use development at 100 Congress St.
Rochester, NY According to SWBR, Steven Rebholz, AIA, and Matthew Weber, PE, have been elected to its board of directors and Jessica Wade, AIA, has been promoted to associate. Principal and COO Rebholz was re-elected to the board
Buffalo, NY CannonDesign has promoted Robert Garra, PE, and Paul Kondrat, PE, to co-directors of the firm’s engineering practice. With engineers spread across multiple offices, Garra and Kondrat will address
