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REIT not playing around; pays $22M for Dick’s House of Sport property (access required)

DICK'S House of Sport with skating arena at Eastview Mall 11-9-2022

A Florida-based Real Estate Investment Trust has paid $22 million for the property that is home to Dick’s House of Sport in Victor. Pine22 ACQ3 LLC, an affiliate of Alpine Income Property Trust and its parent company, CTO Realty Growth, ...

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Sale of historic Potter House in Fairport canceled by buyer (access required)

Plans by The Aristo Co. to refurbish and redevelop the timeworn Potter House in the village of Fairport have been scrapped. Aristo canceled the purchase contract for the publicly owned mansion at 53 W. Church St., citing a failure by ...

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Rochester apartment complex sells for just under $15.6 million (access required)

Rochester Commons at Cambridge Court, on Dodge Street, recently sold for $15,576,000

Rochester Commons at Cambridge Court on Dodge Street, just off Lyell Avenue near Mt. Read Boulevard, is now owned by Rochester CMNS LLC. Basya Weiss of the Rockland County hamlet of Monsey is listed as the sole member and manager, according to paperwork filed on Friday with the Monroe County Clerk's office.

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Commercial Real Estate & Lending: Outlook for 2023 (access required)

To say 2022 has been eventful would be an understatement, and we haven’t even mentioned the ongoing war in Ukraine, its effect on the economy and oil/energy markets, the indications of potential further rate hikes by the Fed or how the upcoming mid-term elections may affect the overall economy.

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