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Multifamily rental rate growth slows in Rochester as vacancies rise
Rochester rents rose just 0.5% in 2025 as vacancy climbed to 6.6%, shifting the apartment market from landlord-friendly to balanced, Realtor.com says.
Home Leasing transforms downtown Rochester ‘abomination’ into Harper’s Corner
Once called an eyesore, a key downtown Rochester corner has been reborn as Harper’s Corner, a $13M mixed-use project with workforce housing.
Nixon Peabody selects new managing partner for Rochester office
Nixon Peabody LLP has promoted an attorney to be the new managing partner of the firm’s Rochester office.
IADC’s Alta Vista project brings more housing to downtown Rochester
Alta Vista, a $35 million project by the Ibero-American Development Corp., brings 76 affordable and supportive housing units to downtown Rochester.
Higher equity reshapes Rochester’s commercial real estate deals
Rochester lenders say higher equity, rising rates and debt-service rules are reshaping commercial real estate financing across asset classes in 2026.
Rochester CRE lending rebounds in multifamily, industrial
Rochester lenders report strong 2026 momentum in multifamily, industrial, medical and mixed-use, while office stabilizes and interest rates ease.
COMIDA approves incentives for housing on former Colgate Divinity campus
Monroe County approved $9.1 million in tax abatements for redevelopment of the former Colgate Divinity campus into 136 rental units.
Rochester senior living leaders see opportunity in 2026
Rochester senior living leaders outline workforce, housing and dementia care challenges, as well as new opportunities for aging services.
Maryland-based firm pays $46.2M for Rochester apartments
Maryland-based CAPREIT has purchased the 504-unit Rochester Highlands affordable housing complex for $46.2 million in Rochester.
Ingrassia revives Colgate Rochester Divinity housing proposal
Developer Angelo Ingrassia intends to move forward with a $46.28 million proposal to redevelop the former Colgate Divinity campus into a 136-unit housing community.
Finger Lakes wins $42.6M in state funding for housing, infrastructure and food hub projects
The Finger Lakes region secured $42.6 million through New York’s 2025 Regional Economic Development Council initiative to support housing, infrastructure and food hub projects across nine counties.
USC Builds project in Ithaca receives $38M in NY funding
New York State awarded $38 million to SouthWorks, a $600 million project in Ithaca where Rochester-based USC Builds is a development partner.
