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John Jordan is a veteran journalist with 36 years of print and digital media experience.
NEW YORK CITY-Real estate investment firm Naftali Group paid $37 million for a rental apartment building on West 25th Street in the Chelsea section of Manhattan, Crain's New York Business reports.
LITHONIA, GA-The Mall at Stonecrest has run into debt problems, according to the Atlanta Business Chronicle.
CHICAGO-Swayed by its location and Mayor Rahm Emanuel's push for public-private partnership projects, Clayco Inc. is moving its corporate headquarters from St. Louis to the Windy City.
PHILADELPHIA-Construction is scheduled to begin this fall on a new 27-story apartment building on land owned by the University City Science Center at 3601 Market St. in Philadelphia.
NORTH BERGEN, NJ-Palisades Medical Center has received approvals for a $20-million office building here. Hospital officials are hopeful construction can begin this spring on the project, according to a report in The Record.
NEWARK, NJ-With the House of Representatives passing the first $9.7 billion in Hurricane Sandy relief last week, the big question remains whether the remaining $51 billion in expected funding will be approved later this month, a Star Ledger report states.
NEW YORK CITY-TIAA-CREF has acquired 1511 Third Ave. from Related Companies for $60 million, according to a report in the Commercial Observer.
NEW YORK CITY – Trepp LLC reports the U.S. CMBS delinquency rate stayed the same in December from a month earlier at 9.71%.
ROSWELL, GA-General Motors Co. has acquired a United Parcel Service building here for $18.5 million, according to a report in the Atlanta Business Chronicle.
MIAMI-After having reversed six straight years of construction starts declines in 2012, the outlook for construction this year in Miami-Dade is cautiously optimistic, according to a report in The Miami Herald.

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From Assurant
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From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
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From Placer.ai
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As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
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From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From Assurant
As smart home devices become standard, renters increasingly expect tech support. This guide reveals key data on renter expectations and shows how offering tech support can reduce maintenance burdens and give your property a competitive edge.
Download Resource
From Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download Resource
From Assurant
With new units flooding the multifamily market, competition is fierce. Traditional concessions are not enough. This guide outlines modern strategies to reduce move-in friction and prioritize high-value amenities that drive long-term retention.
Download Resource
From Placer.ai
The pandemic relocation wave has cooled, but new migration patterns are emerging. This report uses location analytics to reveal where Americans are moving in 2026 and why, offering key insights for developers, investors, and retailers.
Download Resource
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource