Insights
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
The decision between self-managed and professional HOA management is an important one that should be carefully considered. By evaluating the factors outlined in this article, you can make an informed decision that will benefit your community in the long run.
2 min 40 sec
If you’re a residential property owner, hiring an experienced residential property management team will create value for your properties and their communities and will also aid in implementing efficient management processes to alleviate day-to-day stressors. Learn more about how these services can benefit your residential properties.
2 min 27 sec
Hear from Matt Hubacher, Vice President of Research at Invest Buffalo Niagara and Ed McGinn, Director at Newmark Ciminelli, about what is next for the Buffalo-Niagara region and their thoughts on the economic development opportunities that are on Western New York’s horizon.
24 min
The Mentholatum, located among the City of Buffalo’s West Side neighborhoods, has been an attractive option for apartment seekers for years due to its location within the emerging Niagara Street corridor and proximity to some of the City of Buffalo’s most popular retail, dining and outdoor destinations. Check out a few of our favorites spots here.
2 min 22 sec
We connected with Jared White, the President & CEO of Il Mulino, and Juliette Brown, a Residential Leasing and Property Manager here at Ciminelli, to discuss how to build and maintain a collaborative residential community in an emerging urban neighborhood.
18 min 9 sec