Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in January. The presentations are open to the public. Topics this month include Delaware Statutory Trusts (DSTs), how to buy before you sell
Tonawanda, NY The Community Preservation Corp. (CPC) and David Pawlik, a principal member of Development Unlimited of WNY, LLC, closed on $1.675 million in construction financing to transform a former school building into a mixed-use property
Clifton Park, NY Stan Johnson Co. has completed the sale of a single-tenant healthcare property. The 4,969 s/f building is located at 3 Emma Ln. and is fully leased to Rezolut Imaging.
Rochester, NY Sutton Real Estate Co. completed the following: • The Rochester Downtown Holiday Inn, located at 70 State St., was sold for $3.6 million. The subject is a seven story, 250,712 s/f full service hotel with 217 rooms
New York, NY According ot Lev, a technology company focused on modernizing commercial real estate transactions, Justin Piasecki, managing partner; Aaron Prager, director; and Avi Zukerman, director, have joined
Silver Springs, FL Roger Delisle of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of the shopping center located at 15924 E. State Rd. 40.
Mexico, NY Andréa Bucci, associate real estate broker with Acropolis Realty Group, handled the following transactions: • 5-16 Kimberly Ln. sold for $2.71 million, above asking price. Kimberly Apts, LLC sold to an undisclosed buyer.
Hicksville, NY American Investment Properties completed the sale of 313 W Old Country Rd. The sale price was $2.45 million. Ron Koenigsberg of American Investment Properties was the broker. According to Koenigsberg, “This is the third assignment from the same seller. We exclusively
Manhattan, NY Cronheim Mortgage secured $42.1 million in permanent financing for a portfolio of six Upper East Side apartment buildings. The portfolio encompasses a total of 131 apartments, ranging from studios to luxury three-bedroom layouts, and two, ground floor commercial units.