Ted Welter, CCIM, CPM
Owner/President
Theodore "Ted" Welter has focused his 30+ year career in the Upstate/Western New York commercial real estate market. With a particular emphasis on troubled asset turnaround working with lenders from across the nation, he is well-experienced in the management, brokerage, leasing, and property tax appeals for virtually all types of commercial/investment real estate.
He has been responsible for more than $350 million in lease and sale transactions for clients ranging from single asset owners to institutional clients with large multi-site portfolios. His property tax reduction clients have realized savings in excess of $25 million as a result of his representation with municipalities across New York State.
Ted holds the Certified Commercial Investment Member (CCIM) designation conferred by the CCIM Institute and the Certified Property Manager (CPM) designation awarded by the Institute of Real Estate Management (IREM). He is a licensed Real Estate Broker in the State of New York and a Receiver approved by the Unified Court System of New York State.
As an active member of the New York State Commercial Association of Realtors (NYSCAR) he serves on the Board of Governors for the State, as well having served for many years on the Rochester Area Chapter Board of Directors and most recently as their 2011 President. In 2006 he won the Commercial Realtor of the Year in the Rochester Area Chapter and in 2008 received their Meritorious Service Award in recognition of his leadership in developing a new Long Range Plan for the organization. He is a long-standing member of IREM, a past President of their Rochester-Western New York Chapter and is a past recipient of their CPM of Year Award.
During Ted's extensive career he has also served as; Director of Leasing for Rochester's largest private real estate investment company, Buckingham Properties LLC, where he managed the leasing team responsible for an 8,000,000 sf portfolio; the General Manager that developed Rochester-based Charter Real Estate Brokerage Services leading an 8-agent commercial real estate services team and; Vice President of The Cabot Group overseeing the firm's management and leasing division including $300 million in commercial and multi-family properties across Western New York.