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Saturday, February 04, 2012
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Real Estate

Greek Peak must find new lender following bank closure

by Rick Seltzer


Greek Peak Mountain Resort must refinance several loans after regulators shut down its lender, Nashville–based Tennessee Commerce Bank, last week.

Loans made to Greek Peak were not acquired by another bank. Greek Peak has retained BDO Capital Advisors, LLC, an affiliate of the Delaware professional services firm BDO USA, LLC, as an investment banker to help as it refinances the loans.

Coughlin & Gerhart opens consolidated Bainbridge office

by Journal Staff

BAINBRIDGE — Coughlin & Gerhart, L.L.P. has combined its Afton and Unadilla branches into one new location at 29 N. Main St. in Bainbridge in the former offices of attorney David DeClue.



CPC closes on $9 million loan to transform former mill building in Frankin Square

by Journal Staff

SYRACUSE — The Community Preservation Corporation (CPC) has closed on a $9 million Freddie Mac loan for Franklin View Apartments, a former mill building that was transformed into a mixed-use complex of rental apartments and office/warehouse space. 



New branches to boost Key in upstate New York

by Kevin Tampone

The acquisition of 37 HSBC branches in the Buffalo and Rochester areas will strengthen KeyBank’s business in upstate New York, KeyCorp (NYSE: KEY) Chairwoman and CEO Beth Mooney said in a conference call Jan. 24.



Gentiva Health Services moving Oswego office

by Rick Seltzer

Gentiva Health Services will relocate its Oswego office in February.

Gentiva, a national home health and hospice company based in Atlanta, will move its Oswego location from 335 W. First St. to 19 Fourth Ave. The Oswego office provides home health services, according to Gentiva’s website. 



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