Ted Welter, CCIM, CPM
Owner/President
Theodore "Ted" Welter has focused his nearly 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 $300 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.
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 as a Director for the Rochester Area Chapter. 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.
Previous to forming Welter Realty, LLC, Ted was the General Manager that developed Rochester-based Charter Real Estate Brokerage Services, where he lead an 8-agent commercial real estate brokerage office for many years. Prior to that he was Vice President of The Cabot Group overseeing the firm's management division (including leasing) comprising commercial and multi-family properties across Western New York. Under his leadership the management division grew an average of 30% per year, eight years running, surpassing $300 Million in value.