News: Brokerage

TAYLOR breaks ground for The Carriages At Cedar Rock; teaming with Landers, HRTH LLC and James Fahy Design

TAYLOR, one of the leading regional general contractors, has been awarded the contract for construction of The Carriages at Cedar Rock. TAYLOR is teaming with a local developer, Peter Landers, HRTH LLC, and James Fahy Design for design and construction of the 43 luxury townhomes at 1076 Hatch Rd. The Canandaigua National Bank and Trust Company is providing HRTH LLC the construction financing for the development. Construction work is currently underway, with a project completion date slated for December of 2014. "This development provides Webster and the Rochester community with quality lifestyle townhomes in a prime location," said TAYLOR president, Karl Schuler. "We are proud to continue our relationship with Peter Landers, the developer of The Legends at North Ponds and the owner of many upscale townhome and apartment communities in the greater Rochester area. We are excited to once again collaborate on another exciting project beneficial to our region." With an ever-expanding need for lower-maintenance living options in our region, this development will feature the construction of 10 luxury townhouse buildings containing 43 units on 8.65 acres. Situated near Bay Towne Plaza and Wegmans, this upscale townhome development will target more active adults all with attached garages.
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Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced