Insights
Management teams play a crucial role in ensuring the safety of tenants and resilience of commercial properties, especially when it comes to preparing for severe weather events. We asked our pro’s to put together their thoughts on the essential steps property managers should take to prepare a commercial property for severe weather.
3 min
The introduction and lasting impacts of hybrid work schedules are a force in commercial real estate. We asked our property managers about their most common hybrid schedule considerations to offer insight on how to best shift and adapt to best meet the needs of tenants.
4 min 4 sec
2023 has been a particularly challenging year for investing in the commercial real estate (CRE) business. To better understand the CRE investment landscape and what’s on the horizon, we analyzed current trends to provide insights on the 2024 market outlook for investors.
7 min 9 sec
Ciminelli’s investment team members approach communication with institutional investors strategically and professionally. Here are a few tips from our professionals that have helped develop important and successful relationships.
3 min 40 sec
The value-add investment strategy is a real estate investment approach that involves acquiring properties with the intention of making improvements that will increase the property's value over time. Let's dive into the basics.
3 min 7 sec
Interest rates have a significant impact on real estate investors and the overall real estate market. Here's how high interest rates can affect real estate investors.
3 min 31 sec
We sat down with Ben and Allie Kestner, owners of The Lunch Box Café and Catering and Lola’s Bakeshop, to talk about how they saw purchasing the business as the perfect opportunity to fulfill their long-awaited culinary dreams through the growth of a brand and creating fresh, delicious food and baked goods.
20 min 55 sec
The Lafayette Court Building in downtown Buffalo has a brand new look for its first-floor lobby, after owner Ciminelli spent nearly $5M on a renovation to modernize the space as part of its effort to secure M&T's second tech hub as the anchor tenant.
3 min
The $23M Roswell Park Scott Bieler Amherst Center at 203 Park Club Lane is nearing completion. This is the cancer center’s first new-build outside of its sprawling downtown Buffalo campus, and the 2-story, 30,000 SF structure is scheduled to open Sept. 11, 2023.
4 min 13 sec
Conversion projects, specifically converting commercial office properties to residential spaces, have gained traction since the approach maximizes the use of existing infrastructure and also offers a solution to the pressing need for more affordable and attainable housing throughout the US. We took the time to explore the benefits, challenges, and considerations of conversion projects.
6 min 5 sec
Artificial Intelligence (AI) has emerged as a game-changer in a growing number of industries, and commercial real estate is no exception. From development and acquisitions to property management and marketing, AI-powered tools are unlocking new opportunities for growth and success. Let’s explore the impact of AI in commercial real estate and how it is reshaping the industry.
3 min
Brad Hahn joins us for this episode of Ciminelli Chats to talk about his time at Explore Buffalo and how the non-profit organization continues to connect the community with the city’s rich history and architecture.
17 min 46 sec
From sustainability to the creation and increase in property technology, commercial development is undergoing significant changes and developing new trends to fulfill the needs of the end users. Let’s dive into these trends to learn what trends we’ll be seeing over the next few years, and how developers are responding and adapting to the needs of their communities.
4 min 26 sec
“What they really wanted is to develop a building that brings a comprehensive approach to orthopedics,” Ciminelli said. “Based on all the tenants that have located here - you have the ambulatory surgery center, imaging, general surgery, orthopedics, and PT - it’s really a one-stop shop for orthopedics.”
4 min 55 sec
There has been an increasing emphasis on environmental, social, and governance (ESG) initiatives shaping the next generation of development projects. Learn how developers balance the needs of surrounding communities, the environment, building tenants, and ownership to achieve success in their sustainability practices.
3 min 26 sec
Real estate development is a multi-faceted discipline that requires careful planning, strategic thinking, and a deep understanding of the market. Successful real estate development projects can enhance communities and be profitable, but they require a thoughtful combination of key ingredients.
3 min 29 sec
Savvy apartment complex/building owners and agents have embraced digital and technology advances and are engaging prospective renters in a technology and imagery driven experience that checks all of the boxes for today’s apartment hunter. Check out a few of the most common comments renters make when engaging with our virtual apartment tours.
2 min 49 sec
Capital projects create some of the greatest liability for Homeowners' Associations (HOA). For this reason, volunteer HOA often contract the services of a professional management firm, as professional insight into equipment and materials lifecycles, budgeting, planning, and funding can be invaluable. Let's review a few of the critical elements of capital projects.
2 min 45 sec
As a professional HOA management company, we’ve gathered some insight into why HOA board of directors seek us out and choose to engage our professional management services as a replacement for existing services. Here are the top 5 signs that it may be time for your board of directors to consider partnering with a new professional HOA management company.
3 min 13 sec
While it is possible for volunteer boards to manage the affairs of an HOA on their own, there are many benefits to hiring a professional HOA management company. Check out these real life case studies to avoid common HOA management mistakes.
2 min 40 sec