PRIME COMPANIES PROMOTES MICHAEL RAYMOND TO CHIEF FINANCIAL OFFICER

Michael Raymond

COHOES, NY; – Prime Companies, one of the most comprehensive, privately-held real property services companies in Upstate New York, today announced the promotion of Michael Raymond to Chief Financial Officer at the firm’s headquarters in Cohoes, NY.

Raymond will oversee all aspects of the finance department, including budgeting, internal controls and monthly and annual financial reporting of the company’s complex portfolio of real estate brands.

“I’m thrilled that Michael has joined the firm. Prime Companies has served the Capital Region for over a generation and we have worked hard to instill a sense of community into what we do,” said Prime Companies principal and managing partner Dean Devito. “His expertise in finance will be an integral component to the company as we continue to expand in the Capital Region and across the state.”

For more than 35 years, Prime Companies has led the greater Capital Region real estate market with a broad set of real property services, including commercial and residential real estate brokering, marketing, property management, hospitality, property development and financing.

Raymond has a robust background in financial management. Prior to joining Prime Companies, he worked for several financial firms in New York City, including Sandler O’Neil & Partners, Interstate Commodities and The Ayco Company, L.P.

In 2013, Raymond returned to the Capital Region and started working for Prime Companies as an associate, where he was responsible for supporting the development and acquisition of future investments and monitoring the company’s real estate portfolio.

“It’s rewarding to be so closely connected to the business and its growing success,” said Raymond. “I look forward to enhancing the goals of Prime Companies as we continue to expand across the Capital Region and beyond.”

Raymond holds a Bachelor’s degree in political science with a minor in economics from Siena College, as well as a Master’s degree in financial analysis from Pace University School of Business in New York.

About Prime Companies

For more than 35 years, Prime Companies has led upstate New York’s real estate market with a broad set of real property services. We are experts in commercial and residential real estate brokering, marketing, property management, hospitality, property development and financing. Prime Companies provides services in the Albany-Saratoga-Troy-Schenectady markets, as well as sites in Western New York and Pennsylvania. From short-term to a lifetime, Prime Companies delivers real estate solutions for business, leisure and better living. For more information, call (518) 785-9000 or visit www.primecompanies.com.

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