Insights

Mountainview Townhomes

Mountainview Townhomes

CHALLENGES// Ciminelli’s management agreement with Mountainview Townhomes Association focused on owner concerns related to vendor performance on maintenance tasks and repairs. Existing conditions did not meet owner expectations, and basic maintenance was being neglected by the current management company.   ACTION PLAN// Ciminelli’s residential management team performed a thorough ...

2 mins

Conventus Center For Collaborative Medicine

Conventus Center For Collaborative Medicine

CHALLENGES// Conventus, a 7-story center for collaborative medicine, dates to 1993 when Ciminelli purchased a medical office building on an adjacent parcel, demolishing that building in 2006 with a vision for significant development at the “Northern Gateway” to the then-emerging Buffalo Niagara Medical Campus (“BNMC”). Working in conjunction with Kaleida Health, the result was an ideal 2+ ...

2 mins

Property Management – Real Estate Bench Strength

Property Management – Real Estate Bench Strength

CHALLENGES// At 5:30 am on Mother’s Day, May 14, 2023 Ciminelli’s Property Management team responded to an alarm at the historic Cyclorama Building in Downtown Buffalo. A utility supply event had triggered a fire inside the structure and it was clear the damage was significant and would severely limit business activities of the major tenant.   ACTION PLAN// Timing was going to have ...

2 mins

Highland Park – Managing Market Rate Apartments

Highland Park – Managing Market Rate Apartments

CHALLENGES// The Highland Park apartments are part of a planned mixed-residential community development aimed at reviving the former Central Park Plaza that had fallen into disrepair. The project borders a large, active development site and a densely populated, community-centric area that can be overwhelming for new residents. In addition, the apartments at Highland Park represent the first ...

2 mins

Managing Distressed Commercial Property

Managing Distressed Commercial Property

Whether it's due to economic downturns, neglect, or other factors, these situations present unique hurdles that demand specialized strategies to navigate successfully.

3 min

A Guide to Apartment Hunting

In this guide, our residential team compiles their thoughts on how to help you find your next apartment.

7 min

A Journey Through Content Creation With Step Out Buffalo

A Journey Through Content Creation With Step Out Buffalo

Emily Morrow joins us to talk about Step Out Buffalo's community-based purpose, storytelling techniques, and the impact of the evolving landscape of content creation in the age of social media.

25 min 57 sec

2023 Real Estate Review: Office landlords feel the pinch

2023 Real Estate Review: Office landlords feel the pinch

Businesses are fleeing sprawling offices, and experts say the market has plenty of room to fall before it hits bottom. "We have not yet bottomed out. The reason for that is there are still companies with leases that are going to expire in the next few years that are likely to be rightsizing."

4 min 31 sec

Ciminelli Real Estate begins leadership transition to next generation

Ciminelli Real Estate begins leadership transition to next generation

Paul Ciminelli, longtime president and CEO of Ciminelli Real Estate Corp., named his son, Kyle, as company president this week, anointing him as eventual successor to the top job as part of a planned transition. "My goal has always been to make this a third-generation company," Paul Ciminelli said.

1 min 46 sec