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Real Estate Agent Dean Devito

Meet Dean Devito

Coldwell Banker Commercial Office
primary: (518) 785-9000 ext. X115
ddevito@cbcprime.net

Dean DeVito, a Principal of Prime Companies, has more than 30 years’ experience in real estate, construction, land development, property management, and finance. Dean is an owner of Coldwell Banker Commercial Prime Properties, a division of Prime Companies that holds numerous awards for being the top Coldwell Banker Commercial brokerage firm in New York State. In addition he is a partner in Prime Regional Center, LLC which raises project equity through the EB5 foreign investment program. As an owner of Prime Companies, Dean is also involved in the ownership and management of numerous luxury apartment communities, office buildings, and hotels.

 

Accomplishments/Experience

  • Ground up development and ongoing management of in excess of 2,000 luxury apartment, hotel and residential housing lots.
  • Owner of franchise rights for Execustay corporate housing in the Albany, Syracuse, Rochester, and Buffalo, NY areas.
  • Vast expertise in all facets of the often complicated real estate development process including land selection, due diligence,  government approvals, oversight of architectural and engineering design, grant and PILOT facilitation, management of team professionals, selection of construction delivery method, construction review through certificate of occupancy, project debt and equity facilitation and management of the stabilized project.

 

Professional Memberships

  • Capital Region Chamber of Commerce
  • The Chamber of Southern Saratoga County

 

Community

Dean has been involved in many community and charity ventures such as the DePaula Drive For a Cause campaign that supports charitable organizations throughout the Capital Region and the American Cancer Society of the Capital Region’s Real Men Wear Pink initiative that raises money for breast cancer research. Dean was a past CIREB board member, member of the Siena athletic advisory council, high school wrestling coach, CYO basketball and Guilderland softball coach.

 

Background/Education

Prior to co-founding the previously mentioned ventures, Dean owned DD&P Building and Development, a custom home building company in the Albany area, from 1994-2009. He was also co-founder and owner of Paragon Prime Funding, a full-service mortgage and consulting firm that structures and originates permanent, bridge, construction, and mezzanine financing on behalf of commercial real estate developers and business owner-occupants. Dean holds a B.S. in Environment Science with a minor in Marketing from Syracuse University.

 

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