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foreclosure

Visions Federal Credit Union has initiated foreclosure proceedings due to missed mortgage payments by the owner of Paul Lewis Arena in Rochester. (Photo by Kevin Oklobzija)
Jun 25, 2026

Lender files foreclosure action on Rochester ice rink

Visions Federal Credit Union has filed for foreclosure on Paul Louis Arena in Rochester, citing a $667,154.87 loan default.

AC 39 LLC, an affiliate of Abinger Capital, has gained ownership of three properties formerly part of the Anthony J. Costello Development portfolio. (Photo by Kevin Oklobzija)
May 6, 2026

Mortgage holder finalizes ownership of prime Clinton Crossings buildings

A mortgage holder finalized the assumption of ownership of key parcels at Clinton Crossings medical office complex in Brighton after foreclosure.

The Marriott in Greece, which was sold in 2023, is now facing foreclosure. (File photo by Kevin Oklobzija)
Apr 28, 2026

Lender files foreclosure action on Rochester Airport Marriott

Rochester Airport Marriott hotel owner SAI Global Investments faces foreclosure after allegedly defaulting on a $14.5 million mortgage.

A state Supreme Court ruling on Wednesday clears the way for foreclosure proceedings on the Crescent Beach Restaurant property in Greece. (Photo by Kevin Oklobzija)
Apr 24, 2026

Judge rules mortgage lender can proceed with Crescent Beach foreclosure

Casciani Construction won summary judgment to proceed with foreclosure on the Crescent Beach Restaurant property in Greece after mortgage default.

A Long Island real estate investment firm purchased Stoneridge Plaza for $6.4 million. (Photo by Kevin Oklobzija)
Mar 12, 2026

Long Island firm adds another suburban Rochester plaza to portfolio

Hakimi Capital Group acquired Stoneridge Plaza in Greece for $6.4 million, expanding its portfolio of retail properties in the Rochester area.

M&T Bank has filed a foreclosure complaint on the mortgage secured by 1826 and 1985 East Ridge Road in Irondequoit. (Photo by Kevin Oklobzija)
Mar 10, 2026

M&T Bank files foreclosure action on suburban retail plaza

M&T Bank has filed foreclosure proceedings on a retail plaza in Irondequoit, alleging that the borrower has defaulted on the mortgage.

The Crescent Beach Restaurant in Greece from March of 2024, when construction was still underway. (File photo by Kevin Oklobzija/Rochester Business Journal)
Feb 9, 2026

Contractor challenges loan priority in Crescent Beach foreclosure

Genesee Construction claims the Crescent Beach lender is improperly reclassifying its mortgage to jump ahead of a $542K mechanic’s lien.

Cranberry Landing, an assisted living and memory care facility in Irondequoit, has been purchased out of foreclosure by a Boston health care real estate investor. (Photo by Kevin Oklobzija)
Dec 3, 2025

Another Rochester-area senior living facility sold to Boston investor

A Boston-based real estate investor has acquired the Cranberry Landing senior living community in Irondequoit.

A rendering from 2023 showing what the old Hotel Richford building will look like following renovation. (File rendering provided by FORTIFIED)
Sep 12, 2025

Owner of Richford Hotel property facing foreclosure on rental houses

The owner behind Rochester’s Richford Hotel renovation project faces foreclosure on seven residential properties.

Rochester Tech Park (File photo by Kevin Oklobzija)
Sep 8, 2025

Rochester Tech Park among country’s largest newly delinquent CMBS loans

The loan on Rochester Tech Park became one of the country's 10 largest newly delinquent commercial mortgage backed security (CMBS) loans.

The lender on the Hungerford Building in Rochester has initiated foreclosure proceedings. (Photo by Kevin Oklobzija)
Sep 5, 2025

Historic Hungerford Building in Rochester faces foreclosure

The Hungerford Building, once a thriving home for creatives in Rochester but now a symbol of urban real estate neglect, is facing foreclosure.

The second-in-line lienholder on the Hilton Garden Inn alleges a recent foreclosure filing is meant to allow the mortgagors to escape a debt. (File photo by Ben Jacobs)
Jul 7, 2025

Downtown Rochester hotel faces foreclosure

The holder of a mortgage on a downtown Rochester hotel has filed mortgage foreclosure papers, alleging the borrower failed to pay.