Upstate New York

KeyBank CDLI places $17.5 million for Beacon Communities Development

strong>New Hartford, NY KeyBank Community Development Lending and Investment (CDLI) arranged $17.5 million for Boston-based Beacon Communities Development, LLC to redevelop a senior housing property. Beacon is a private real

How much money can a cost segregation study save for you? Part Four - by Christie Ellis

There is only one key question that remains: How much money could a cost segregation study save for you?  Let’s consider a few studies and then summarize what we’ve learned together over the last three articles

TAYLOR to build 13,000 s/f addition for Zweigle’s with Greater Living Arch.

Rochester, NY TAYLOR, a leading regional commercial general contractor, has been awarded the construction contract for the initial phase of a facility expansion for Zweigle’s at their 651 North Plymouth Ave.

Snyder of Matthews Real Estate Invesment brokers sale of Walmart Plaza

Olean, NY Matthews Real Estate Investment Services completed the sale of the Walmart Plaza shopping center. The seller was a joint venture between affiliates of DRA Advisors and DLC Management Corp. Ben Snyder, senior

Cushman & Wakefield | Pyramid Brokerage Co. negotiates nine sales and leases 36,965 s/f

Chester, NY Cushman & Wakefield | Pyramid Brokerage Co. (C&W|Pyramid) handled the following: 24 Elizabeth Dr.: Robert Scherreik, executive managing director with Pyramid’s Hudson Valley office in Newburgh, brokered

Vanguard-Fine, Donovan RE and Caliber Comm’l. lease 25,329 s/f

Clarence, NY Vanguard-Fine, LLC has completed the following: Barry Feinman and Kenneth Brownell of Vanguard-Fine, Brian Donovan of Donovan Real

Belveron Partners invests in Conifer Realty

Rochester, NY According to Conifer Realty, one of the nation’s largest affordable housing developers,  Belveron Partners has made a significant on-going investment in the company. The capital infusion is

February message from the president of NYSCAR’s Upstate chapter - by James Walker

The Hudson Valley Chapter of NYSCAR will be hosting their Commercial Real Estate Spring Conference on April 1st and 2nd at La Casa Vicina, 1015 Little Britain Rd. in New Windsor.

Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany for $8.65 million

Albany, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a three-building, 117-unit portfolio. This 100% free-market portfolio sold for a capitalization rate of 7.2%, a gross rent multiplier of 7.6 times, just under $65 per s/f and $74,000 per unit. Amit Doshi, executive senior managing director and Shallini Mehra, managing director, represented

The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

Binghamton, NY The Agency, Greater Binghamton Chamber of Commerce and their partners at FIVE South College Dr. took an active role in helping those in need this holiday season. The organizations have paired with two area charities: The Family Enrichment Network and CHOW