Upstate New York

September 2020 message from the president of NYSCAR - by James Walker

The NYSCAR will have their annual meeting held virtually on October 6th. The New York State Association of Realtors will also hold their Fall Business meetings virtually from September

Myles of JF Real Estate brokers sale of 6,100 s/f retail/office building; LaSalla with Acropolis Realty reps buyer

Fayetteville, NY JF Real Estate, a full-service commercial real estate brokerage firm, brokered the sale of a 6,100 s/f retail/office building located at 6891 E. Genesee St.

Prestige Hospitality Group welcomes Alps

Albany, NY According to James Frenis, CHA, CEO of Prestige Hospitality Group, LLC, (PHG) Jillian Alps has joined its team as regional director of operations.

HUNT Engineers and Architects and their partners lead innovation for Upstate development projects

Rochester, NY Affordable infill housing and targeted retail outlets with limited square footage will be the community development model for the next 10-15 years, according to HUNT Engineers and Architects’ senior project manager, Tom Bailey, AIA.

Silber Investment Properties completes 7-Eleven portfolio acquisition – $6 million

Allegany, NY Silber Investment Properties has completed the last segment of a portfolio acquisition of Upstate New York 7-Elevens for Peter Petrakis. The sum total of all property values within this acquisition was

Largo Capital arranges financing totaling $18.7 million

Buffalo, NY Largo Capital has completed financing totaling $18.7 million. Jack Phillips, principal with Largo Capital, arranged permanent financing for an independent senior community. The $12.1 million, non-recourse,

Portfolio optimization through 1031 exchanges - by Russell Gullo

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

Vanguard-Fine facilitates eight sales totaling $6.823 million and completes 14 leases totaling over 83,948 s/f

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

Tuccillo of Marcus & Millichap reps seller in $9.75 million Walgreens sale

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

WinnCompanies celebrates ribbon cutting at Liberty Lofts at Sibley Sq. in Rochester

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