News:
Brokerage
Posted: September 22, 2008
Will of Hemisphere Holdings sells 70-unit apt. complex for $2.1 million
Richard Will, president of Hemisphere Holdings Corp., brokered the $2.1 million sale of the Wedgewood I Apartments. The subject is located on 7851 Rte. 298.
The 70-unit apartment property was sold by Conifer Bridgeport Associates, LP to the buyer, Nationwide Affordable Housing, LLC.
Hemisphere Holdings is a commercial real estate firm specializing in the brokerage of multifamily properties and mobile home parks. Hemisphere Holdings, located in Syracuse, services the needs of its clients throughout the entire upstate New York marketplace.
Hemisphere Holdings has generated one of the largest computer databases of apartment buyers and sellers in the upstate marketplace. Their approach to brokerage has served their clients by tracking all apartment sales transactions and providing knowledge for players in the industry who require accurate and timely information to assist in their decision making.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Columns and Thought Leadership
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.
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
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
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,
