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Royal Oak’s real estate portfolio surpasses $1B in total capitalization
Royal Oak Realty Trust, based in Rochester, has surpassed $1 billion in total portfolio capitalization with 79 properties across 23 states.
Rochester again receives high credit marks from Standard & Poor’s
S&P gave Rochester top bond ratings, reflecting strong fiscal management and boosting investor confidence in the city's financial outlook.
Cobblestone Capital, DelMonte Hotel Group join forces on CityGate venture
Rochester's Cobblestone Capital and DelMonte Hotel Group are bringing a dual-brand Marriott hotel to CityGate.
Long Island investor buys portfolio of Rochester houses
ROC Houses LLC, a Long Island entity, has purchased 12 residential properties in Rochester for $800,000 from Sunny Beaches LLC.
How to choose the right financial advisor
A new administration. International trade wars. Stubborn interest rates. Geopolitical unrest. These and other factors contributed to the substantial volatility in our domestic financial markets during the first quarter of […]
Texas-based real estate group sells another Chili Ave. property
A Dallas-based real estate investment firm has sold the last property from a three-parcel package in Gates that it obtained just 17 months ago.
Golisano now among 500 richest people in the world, Forbes says
Tom Golisano's net worth continues to climb, according to a Forbes ranking that also includes three others from the Rochester area.
Report: Rochester Tech Park business center facing $2.4M utility delinquency
The Brooklyn-based owner of Tryad Industrial & Business Center at Rochester Tech Park is delinquent on $2.4 million in utility bills.
Irondequoit grocery property sold for $7.6M to California-based REIT
An entity controlled by Rochester's Angelo Ingrassia has sold the property that serves as home for Tops Friendly Markets in Irondequoit.
Royal Oak Realty Trust leverages strategy and steady growth to expand portfolio
At first glance, it would be easy to assume Rochester-based Royal Oak Realty Trust experienced a bit of a growth slowdown in 2023.
Fitch boosts Monroe County’s bond rating to highest level in 22 years
The Fitch report attributed the credit boost to the county’s improved financial resilience, new fund balance policy and “proven track record of solid expenditure management.
Family members hope to recover nearly $500,000 through confessions of judgment
Three family members who a year ago alleged a Rochester real estate investor failed to use their money for the intended purpose have again turned to the court system in hopes of recovering nearly $500,000.
