Insights
1 min 19 sec
Whether you're moving into unfinished space or renovating your existing workspace, there are several key factors to consider when building out your new office space. We'll explore a handful of tips to help you design and set up a functional, comfortable, and visually appealing office environment that promotes success.
3 min
Nearly 45% of the 87 market-rate apartments at the four-story building have now been sold, indicating strong interest in residential ownership in a city that has not traditionally had a large condo market.
2 min
716 Realty Group has neared the halfway mark with 39 units under contract at The Bethune Lofts condominium project, where Ciminelli Real Estate Corporation is converting the complex's 87 apartments into condos.
1 min 36 sec
Advances in technology, changing demographics, environmental issues, and the need for greater cost-efficiency are constants in our work to manage commercial real estate. In this blog, we'll look at emerging property management trends that are likely to shape commercial real estate and the property management industry in 2024.
3 min 31 sec
The newly renovated lobby at Downtown Buffalo’s Lafayette Court Building held it's first event, alongside the Western New York Sustainable Round Table (SBR), to feature a panel discussion with some of the region’s experts on sustainable development.
2 min 12 sec
On this episode, we connected with previous 43North startup competition winners, Founders of Verivend and Shearshare, to talk about their experiences with 43North and how they have grown their startup businesses in Buffalo, NY.
36 min 38 sec
The newly renovated Lafayette Court Building lobby shines for Explore Buffalo's 2023 Doors Open event, where thousands of people will have access to tour the space, along with 26 other buildings across Buffalo, NY.
3 min
Developer, Paul Ciminelli, shares how he leads Ciminelli through a challenging market by diversifying the company's offerings and learning when to pivot to take advantage of more favorable opportunities.
1 min 42 sec
This episode highlights the incredible partnership between Ciminelli and The Foundry, a non-profit organization focused on hands-on learning, youth development, and entrepreneurship. If you're curious about the incredible transformations that can arise when inspired young adults are given exposure to opportunities, listen now!
28 min 54 sec
Understanding the different types of real estate investments and your risk tolerance is crucial for making informed decisions. In this comprehensive guide, we'll explore the benefits and considerations of investing in REITs, residential real estate, and commercial real estate, all to help you determine which option aligns best with your investment goals.
6 min 33 sec
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