THE CABOT GROUP recently announced the completion of Dorschel Automotive Group’s new Mini of Rochester dealership

Recent Project Featured in the New York State Real Estate Journal (NYREJ) THE CABOT GROUP recently announced the completion of Dorschel Automotive Group’s new Mini of Rochester dealership.  As construction administrators for the project, THE CABOT GROUP has partnered with several other local firms for final design and construction of the 13,000sf facility at 3875 West Henrietta Rd. The Dorschel Automotive Group hopes to open the doors to the new facility in the coming weeks. THE CABOT GROUP also recently managed the construction of a 7,000sf service bay addition and…

Multifamily Owners Celebrate, Managers Never Stop Striving to Improve Operations

Submitted by J. Debes REIS released its pre-analysis of Q2 results today.  Highlights were: -National vacancy rate declined 20 basis points to 4.7%, the lowest in a decade, occupancy improved in 66 out of 82 primary markets -Effective rents increased 1.3% during the quarter, their fastest pace since Q3 2007, surpassing previous peaks in many markets as landlords continue to  eliminate concessions -Rent growth expected to continue as vacancies tighten Some would say it’s a golden era for the apartment industry.  With such strong fundamentals,  operators must resist the temptation…

Rochester Area Company Launches Municipal Facilities Management Initiative

Rochester, NY THE CABOT GROUP has offered innovative real estate solutions for over 40 years.  The company’s record of innovation continues today.  THE CABOT GROUP recently announced a municipal and not-for-profit facilities management division to help communities and community organizations reduce costs associated with managing local facilities. This initiative would allow village, town, and city municipalities and organizations to reduce operational expenditures by an estimated 30%-40% by employing strategies and best practices proven to increase efficiency and reduce costs and use of community resources.   “It is more important than…

What to look for in Property Management Software

Submitted by S. Leonhard Like many other industries, improvements in technology have led to dramatic changes in the capability of real estate property management software.  Many of these new developments can help improve the return on your real estate investment by helping to maximize occupancy, reduce administrative expense and minimize risks associated with owning and leasing your property. Some of the recent advancements to look for as you evaluate software include applicant screening, automated renting procedures, utility tracking and billing, automated invoice processing and risk management. Applicant Screening Many current…