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The Time For Value-Add Investing
Ciminelli has always been active in the real estate market, making key investments and realizing opportunities when they arise. Investing in real estate can take many forms, but given Ciminelli’s full service commercial real estate platform, the value-add approach has...
Do Higher Interest Rates Stop Investment Activity?
Interest rates have a significant impact on real estate investors and the overall real estate market. Changes in interest rates can influence the overall level of real estate market activity and ultimately the opportunities available to real estate investors. When...
Fresh Beginnings: Meet The Owners of The Lunch Box
On this episode of Ciminelli Chats, we sit down with Ben and Allie Kestner, owners of The Lunch Box Café and Catering and Lola’s Bakeshop in Buffalo, NY. The Lunch Box has been a Buffalo staple for over a decade, and Ben and Allie saw purchasing the business as...
Ciminelli completes $5M renovation of Lafayette Court Building to secure 2nd M&T tech hub
When it comes to M&T Bank Corp., Buffalo landlords will go a long way to keep the bank happy. The Lafayette Court Building in downtown Buffalo has a brand new look for its first-floor lobby, after owner Ciminelli Real Estate Corp. spent nearly $5 million on a...
‘A mini-hospital’: $23 million Roswell Park Scott Bieler Amherst Center nears opening
On a chilly morning in mid-December 2021, Roswell Park Comprehensive Cancer Center officials joined with major donors and politicians in Amherst to slice special shovels into a ceremonial pile of dirt to kick off construction on one of the institution’s largest...
Commercial Office to Residential Conversions: The Benefits, Challenges, and Considerations
As companies assess their office needs and the impact work from home strategies have on those needs, there has been a trend toward smaller spaces, in turn leaving some office buildings and corporate centers with historic vacancy. This change comes at an opportune...
Touring The Queen City
Brad Hahn from Explore Buffalo joins us for this episode of Ciminelli Chats. Brad is one of the founders of Explore Buffalo and currently serves as the Executive Director. We’ve had the pleasure of getting to know Brad through Ciminelli’s recent partnership with...
‘One-stop shop for orthopedics’: Massive medical, surgical complex in Amherst nears opening
On a 15-acre site in Amherst, adjacent to the Northtown Center ice rink and across Millersport Highway from University at Buffalo’s athletic facilities, developers are approaching the homestretch in the construction of a new medical and surgical complex that is...