Upstate New York

Cronin of Arbor closes $610,000 Fannie Mae loan for 40-unit complex

Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, recently funded a $610,000 loan using Fannie Mae...

Empire State Development provides $550,000 grant to SKF Aeroengine as part of a $3.7 facility upgrade

Empire State Development Corp. has granted $550,000 toward the expansion of SKF Aeroengine, an aerspace manufacturer. The grant was obtained...

Carrow Real Estate brokers three leases totaling 138,406 s/f

Carrow Real Estate Services has completed three leases totaling 138,406 s/f at 99 Washington Ave. The transactions include: * A 136,301 s/f ...

Pfeil holds ribbon-cutting for The Conservatory

A ribbon-cutting ceremony was recently held for The Conservatory, a new 19-unit apartment building in the downtown area. Jeff and Deane Pfei...

Browning of First Capital Hotels completes $5m Holiday Inn Express

The opening of a 135-room Holiday Inn Express 300 Broadway was recently celebrated by city officials. The $5 million hotel project was devel...

Rochester to receive $3.396 million brownfield grant from NYSDEC

According to mayor Robert Duffy, the city will receive $3.396 million from the New York State Dept. of Environmental Conservation (NYSDEC) f...

Greater Buffalo BOMA to hold 12th annual Facilities Management Expo

The Greater Buffalo BOMA 12th annual Trade Show, known as the Facilities Management Expo, will be taking place at the Hearthstone Manor. Sch...

CIREB welcomes its newest broker, associate and affiliate members

CIREB welcomes their newest members: * Broker membership: John Burns, Jr., Century 21 John Burns Realty; Brian DiGiuseppe, Brian DeGiuseppe ...

Upcoming Institute for Real Estate Management (IREM) webinars

Facilitated by the Institute for Real Estate Management (IREM) members and other industry experts, IREM webinars provide the convenience of ...

NPV is a valuable tool for analyzing investment property

Investment property is worth undertaking if it creates value for the owner. In the most general sense, we create value by identifying an inv...