Waterbourne Facilitates Sale of $57 Million Beltrone Portfolio in Albany, NY

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Albany, NY Tony D’Auria and Jim Carminati of Waterbourne Real Estate Advisors, LLC represented the estate of local builder/developer Sal Beltrone in the sale of its commercial real estate portfolio. The Salvatore Beltrone Marital Trust II, of Latham, sold 25 buildings it owns and manages for $57 million to primary buyer Rosenblum Development Corp. The deal triples the size of Rosenblums portfolio.

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Governor Cuomo Announces Opening of $12.8 Million Waterbourne-Built Courtyard Marriott

September 2017

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“With booming tourism and vibrant attractions, the revitalization of Niagara Falls is continuing to soar, and this hotel will help create even more jobs and economic opportunities. Our strategic investments in the unique strengths of the region are reinvigorating tourism in Niagara Falls and continuing to move Western New York forward.”

- NYS Governor Andrew Cuomo

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Governor Cuomo Announces Grand Opening of $37 Million Waterbourne-Built DoubleTree Hotel by Hilton

January 2017

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The 192-room hotel, located adjacent to Niagara Falls State Park and overlooking the Upper Rapids of the Niagara River, boasts 16,000 square feet of meeting and banquet facilities, including a ballroom that can hold weddings of up to 450 people. The full service steakhouse, Parkway Prime, serves breakfast, lunch and dinner with an outdoor patio area facing the Niagara River. The project helps to fulfill the need for additional quality downtown lodging, creates new jobs and contributes to the overall beautification and usability of the area.

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Waterbourne Real Estate Advisors Handles Sale of Immaculata Academy

December 2016

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The Franciscan Sisters of St. Joseph have put the two-story, 46,500-square-foot school and the 28.1 acres of land along South Park Avenue in Hamburg up for sale. The asking price is $3.4 million.

Given its high-profile location along South Park Avenue and Bayview Road and its large tract of land, the property is expected to attract a fair amount of attention, said Anthony D’Auria, Waterbourne Real Estate Advisors co-founder and property broker.

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