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Middle Market Digest Northeast for Friday, December 2, 2016

NJ Bankers president John McWeeney described the outlook as “an opportunity for meaningful change for the better,” at a meeting of bank marketers this week. He described the government transition as a “high-risk administration,” that nevertheless offers an opportunity for tax reform and regulatory relief that should benefit commercial banks.

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Philadelphia Headlines

Breaking Ground for Luxury Apartment Tower, Dranoff Calls Newark ‘Undiscovered’

NEWARK, NJ—In an exclusive interview with GlobeSt.com, developer Carl Dranoff explained that his successful developments in the Philadelphia area gave his firm the credibility necessary to get the nod for the Newark project.

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Successful Office Repositionings Completed, Kairos Head Gleason Looks to 2017

KING OF PRUSSIA, PA—“We’re still big believers in well-located properties, and buying them at a basis that will allow us to create great amenities and still offer them at a discount to other properties in the market,” Kairos president Steve Gleason says.

Market Leaders in Philadelphia Organizing a Salon, Exchanging Perspectives

PHILADELPHIA—Brad Korman, co-CEO of Korman Communities and Jacob Reiter, president and chief investment officer of Verde Capital, are organizing the invitation-only breakfast, dubbed the “CRE Change Summit."

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‘The Whole Continuum is Changing’

TUCSON, AZ—Technology and the economy underpin the evolution in the continuum of care, says Rendina’s Neil Carolan, who will lead a discussion at RealShare Healthcare.

Lease to Storied Credit Tenant Seals The Deal

MORGAN HILL, CA—The flex property was developed in 2002 as a build-to-suit for Paramit Corp. and is 100% occupied by that firm for its headquarters/research and development operations.

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As E-Commerce Grows, So Do Its Challenges

DALLAS—In today’s ever-changing technological world, transactions executed on a laptop, tablet or smartphone has become commonplace. Taking it…

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