MALTA, N.Y., October 14, 2026 — Sunrise Management & Consulting today announced that it has finalized the construction contract and closed on construction financing with Community Bank, N.A. for The Eastline Apartments, a 136-unit mixed-use apartment community at the northeast corner of Route 67 and Eastline Road in Malta. Construction will begin later this month, with the first residents expected to move in during early 2028.
Sunrise President Jesse Holland joined BBL Construction Services Vice President Ryan Manikas and Director of Business Development Cody Dutcher on Thursday, October 1, to ring the bell marking the signing of the construction contract. BBL Construction Services will build the project.
“The Eastline is about meeting a real need for quality rental housing in Saratoga County,” said Jesse Holland, President of Sunrise Management & Consulting. “This location puts residents minutes from the Northway, the Luther Forest Technology Campus and downtown Saratoga Springs. With BBL building it and Community Bank financing it, we have a strong local team in place, and we’re excited to get shovels in the ground and deliver a community Malta will be proud of.”
The approximately 160,000-square-foot building will pair 136 apartments with approximately 8,000 square feet of ground-floor commercial space, suited for tenants. Apartments will offer one- and two-bedroom floor plans featuring stone countertops, modern kitchen appliances, generous closet space and private balconies. Residents will enjoy elevator access, a fitness center, controlled-access entry and on-site storage lockers.
“We’re excited to be a part of The Eastline Apartments and to continue our work with Sunrise Management & Consulting,” said Ryan Manikas, Vice President, BBL Construction Services. “This is a high-quality, mixed-use community that will bring new homes and neighborhood retail to Malta. After working closely with Sunrise through preconstruction, our team is ready to mobilize this month and keep the project on schedule.”
“Community Bank is excited to be a part of The Eastline Apartments and to partner with Sunrise Management & Consulting and BBL Construction Services,” said Eric Magnano, Vice President, Commercial Real Estate Banking Officer, Community Bank, N.A. “This project will bring much-needed housing to Malta and Saratoga County. Supporting experienced local developers and builders is what community banking is all about, and we look forward to watching The Eastline take shape.”
Upon completion, Sunrise will manage and lease the community. Pre-leasing is expected to begin in fall 2027, with first move-ins anticipated in early 2028. Prospective residents can join the interest list here: https://sunrisemc.com/listing/eastline-apartments/
Sunrise Management & Consulting is a full-service real estate investment, development, and property management firm serving New York’s Capital Region. For more than 25 years, we have guided multifamily property owners through every phase of the real estate lifecycle — from acquisition and development to day-to-day operations.
We are one of over 500 firms recognized by IREM® as an Accredited Management Organization® (AMO®), and our team holds CPM® and ARM® designations. Learn more at sunrisemc.com.
Based in New York’s Capital Region, BBL is an award-winning, full-service Design-Build, General Contractor, and Construction Management firm with annual construction sales reaching $500 million.
With 400 highly talented and experienced construction, design, and management professionals, BBL’s delivery process saves our clients time and money, while ensuring the highest standards in design and construction. Our success is a result of our unwavering commitment to quality and an established record of delivering projects on-time and in-budget. Learn more at https://www.bblinc.com/.
Community Financial System Inc. is a diversified financial services company focused on four main business lines: banking, employee benefit services, insurance services and wealth management. Its banking subsidiary, Community Bank N.A., is among the country’s 100 largest banking institutions, with over $17 billion in assets, and operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, Western Massachusetts and Southern New Hampshire. The company’s Benefit Plans Administrative Services Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. The company’s OneGroup NY Inc. subsidiary is a top-68 U.S. insurance agency. The company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit, Nottingham Financial Group. The company is listed on the New York Stock Exchange and trades under the symbol CBU. For more information about Community Bank and Community Financial System, visit cbna.com or communityfinancialsystem.com.
Source: Sunrise Management & Consulting.
