NEW YORK CITY-Equity is buying 60% of Archstone’s assets and liabilities from locally based Lehman Brothers Holdings, while AvalonBay is adding the remaining 40% to its apartment portfolio.

NEW YORK CITY-The 31-year Cushman & Wakefield veteran has overseen valuations for more than two decades: first in New York, then the company's Americas practice and, as of Jan. 1, the global platform.

NEW YORK CITY-Top priority for incoming CFO Michael Lonsway will be the $4.9-billion Atlantic Yards mixed-use development in Brooklyn, now preparing to move into the residential phase of construction.

NEW YORK CITY-The group will oversee financing of affordable multifamily properties through Fannie Mae, FHA and Guggenheim's proprietary life company capital.

NEW YORK CITY-The $120-million refinancing on 4 Union Square South comes a little more than a week after the REIT refinanced its office tower at 1290 Ave. of the Americas.

NEW YORK CITY-In a speech at the New York Economic Club Tuesday, the Federal Reserve chairman warned that "delay and discord" on fiscal policy will aggravate consumer and business uncertainty.

FLORHAM PARK, NJ-While many of the challenges facing owners, developers and investors in the Garden State are cyclical, a few can be chalked up to "New Jersey bureaucracy," experts said at Marcus & Millichap's Investor Symposium Wednesday.

NEW YORK CITY-Annaly CEO Wellington Denahan says the $840-million cash acquisition of the balance of CreXus’ common stock would be part of her company’s strategy to diversify beyond agency MBS.