Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

The mortgage holder on two Robert Morgan apartment communities has filed foreclosure papers in state Supreme Court, claiming the Pittsford developer violated terms of the loan agreement by committing fraud. U.S. Bank National Association, acting on behalf of special servicer ...

If you were an early investor in a Robert Morgan real estate fund, you probably made out quite well. You received your promised 11 percent rate of return from the Note Fund, and it arrived on time. Hopefully you didn’t ...

The folks at Christa Construction LLC are going back to college again. And it’s again for work. Having already razed, refurbished and/or rebuilt two student housing communities adjacent to the Rochester Institute of Technology campus in the past three years, ...

The folks with the PGA of America know golf and know how to run tournaments. For 103 years, the organization has worked to grow the game while also providing a platform for great play. But one thing the PGA of ...

BUFFALO — Robert Morgan’s real estate empire may be on the verge of crumbling following today’s 114-count superseding indictment by federal authorities that charges him with wire and bank fraud in an alleged $500 million mortgage fraud scheme. Morgan, founder and ...

GP Flooring Solutions will officially christen its new facility in Gates next week. The private grand opening celebration is set for May 30 at 32 Marway Circle, former warehouse space that became the company’s new home in April. GP Flooring ...

When Marc Iacona first suggested that CGI Communications Inc. become the title sponsor of the Rochester International Jazz Festival, his idea was met with a definite maybe probably. “Pencil me in,” Iacona, the executive director of the Jazz Fest, was ...

Housing developments in LeRoy, Sweden, Canandaigua and Seneca Falls will share in $14 million of state funding, helping to create or preserve 256 affordable homes. The funding is part of Gov. Andrew Cuomo’s five-year, $20 billion Housing Plan and made ...

Mayor Lovely Warren’s proposed $552 million spending plan for fiscal year 2019-20 will cost the typical Rochester homeowner $49.56 more a year but closes to zero the $38.7 million gap faced when the budgeting process began. The city also said ...

First American Equipment Finance and Monroe Community College were named Marketers of the Year at the annual American Marketing Association Rochester Pinnacle Awards Ceremony. First American Equipment Finance won Market of the Year in the for-profit category while MCC won ...

Rochester Regional Health recently was named winner of the George K. Hansen Exemplar Award, the highest honor given by the Greater Rochester Quality Council. Rochester Regional Health was recognized for its Optimizing EMR Alerts, an improved med administration initiative. The ...

OptiPro Systems LLC, will celebrate the grand opening of a 15,000-square-foot machine technology center on June 19 and 20. OptiPro Systems, 6368 Dean Parkway in the Wayne County town of Ontario, provides precision CNC machine tools and Mastercam software to ...

Adaptive sports professionals and U.S. Department of Veterans Affairs medical providers will learn about technological advancements and risk reduction in adaptive sports when Disabled Sports USA’s Adapt2Achieve annual leadership conference comes to Rochester in early June. The conference, set for June ...

Most people duck on to the golf course to get away from work, but there will be a different brand of R&R when the KitchenAid Senior PGA Championship comes to Oak Hill Country Club next week. Instead of rest and ...

Virginia “Ginny” Squire has been named director of operations in the Rochester office of Hanna Commercial Real Estate. Squire will oversee sales agent support, back office operations and staff, agent recruiting and training, with a role in driving growth of ...