Dean Devito's Profile
Dean has more than 28 years of real estate, construction, land development, property management and finance experience specializing in group up development projects. Mr. DeVito is a current owner of Coldwell Banker Commercial Prime Properties which has won numerous awards as the top Coldwell Banker commercial brokerage in New York State, Prime Management which manages luxury apartment complexes, office buildings and retail. Mr. DeVito also owns franchise rights for Marriott ExecuStay for the Albany NY metropolitan statistical area, and Prime Development which develops and owns luxury apartment complexes, office buildings, flex space and residential subdivisions. His involvement in most projects has included land selection, due diligence, governmental approvals, oversight of architectural and engineering design, grant/ financing and PILOT coordination, management of construction delivery method and oversight through certificate of occupancy as well as oversight of the management of the stabilized project. His vast experience enables him to demonstrate a clear understanding of all facets of the often complicated real estate development process. Prior to co-founding the above business Mr. DeVito also owned DD&P building and development which built custom homes in the Albany region from 1994-2009. Additionally, Mr. DeVito also co-founded and owned Paragon Prime Funding which is a full service commercial mortgage and consulting firm which structures and originates permanent, bridge, construction and mezzanine financing on behalf of commercial real estate developers and business owner-occupants. Mr. DeVito earned a B.S. Degree in Environmental Science and a minor in Marketing from Syracuse University.
- General CRE Retail