REBNY says rising interest rates, tariffs, and concerns about the implications of tax reform—along with uncertainty surrounding an unstable political environment in the United States, were key factors in the decline in overall broker confidence.

The private equity firm, which also has offices in Bloomfield, MI, began marketing the fund in late 2017 with an initial target of $450 million. Center Rock Capital reports today the fund has closed with limited partner capital commitments totaling $580 million.

The partnership between Potomac, MD-based Foulger-Pratt and Cerberus Capital Management of New York City purchased One Discovery Place from Discovery Communications.

The purchase of RKF, according to Robert K. Futterman, who will serve as chairman of Newmark RKF, Newmark's retail leasing division, will bring Newmark Group “one step closer to creating a platform that will reshape and significantly impact the retail industry.”

TARRYTOWN—Trans-Hudson commuters may finally experience the full benefits of the new Tappan Zee Bridge, now known as the Governor Mario M. Cuomo…

The CoC offers independent living, assisted living and memory care and is located at 6125 and 6323 SE Division St.

Balfour Beatty Communities reports it will perform property management services at Ridgeland Place and will invest in a number of capital improvements at the property.

Mark J. Parrell has been appointed president effective immediately and will take over as CEO upon Neithercut's retirement.