May 17 - June 6, 2016

Digital Edition

Upstate New York

Binghamton, NY Arbor Commercial Mortgage, LLC completed the recent funding of six loans totaling  $19.65 million across the region under Arbor’s Freddie Mac Loan and Freddie Mac Small Balance Loan programs. The loans included the following: • Chenango Place: This 176-unit multifamily property received $12.975 million funded under the Freddie Mac product line. The seven-year refinance…Read More

Albany, NY Eastern Union Funding arranged construction financing for Up Realty LLC, which will commence the conversion of 20 Park St., from office to residential use. Eastern  Union senior managing director Motti Blau negotiated the two-year, $7.3 million loan with the local office of Community Preservation Corp. Near the New York State Capitol building and across from the new…Read More

Wappingers Falls, NY According to the Kislak Company, Inc, they have completed the recent sale of The Nature Preserve Townhomes for $9.5 million. The transaction included the purchase of 38 new townhomes, which constitute a majority of the 53-unit development. Vice president Janet Bortz represented both parties in the transaction after marketing the property on…Read More

Haslam joins Chazen Cos.

May 3rd, 2016 | Posted in Upstate | No Comments

Poughkeepsie, NY The Chazen Cos. has opened a new branch office, and welcomes an experienced local engineer to manage the office. Eric Haslam, P.E. has joined Chazen as director of engineering services and Central New York office manager. Haslam is a licensed professional engineer with nearly 20 years of municipal engineering experience. “Expanding into Central…Read More

No, appraisers generally are not conflicted but focused and straight shooters. In fact some call appraisers; nerds, geeks and squares. I’d be careful folks; remember “Revenge of the Nerds?” It could be worse; how about “Dumb and Dumber.” Regardless, we are aware of potential conflicts of interest having to do with procedure and protocol. Appraisal…Read More

Albany, NY Brian Sheldrick, managing director of the Largo Group of Companies, arranged $13 million in permanent financing for two first-class office buildings. The two Energy Star certified office buildings are within an established office park that is located at the center of the Tech Valley corridor. Situated off Rte. 20, close to I-90 and I-87, the…Read More

Buffalo, NY The Greater Buffalo Building Owners & Managers Association (BOMA) welcomed Erie County Industrial Development Agency’s (ECIDA) Philip Riggs, facilities site manager and inspector and Grant Lesswing, business development officer, at the March meeting held at Tempelton Landing Restaurant. Riggs and Lesswing shared plans to build a manufacturing facility that produces as much energy…Read More

Watkins Glen, NY According to Sustainable Comfort, Inc. (SCI), the United States Green Building Council (USGBC) has awarded the Leadership in Energy and Environmental Design (LEED) for Homes Silver Certification to the Watkins Glen School Senior Apartments.  The project was co-developed by SEPP, Inc. and Two Plus Four Construction, who was also the builder. SCI acted…Read More

Page 1 of 2312345...1020...Last »