Development

The locally-based REIT states that sales during that prime selling period set up their recently opened redevelopments—Fashion District Philadelphia, Woodland Mall and Plymouth Meeting Mall—for a strong holiday season.

The NorthSide Regeneration is a 1,500-acre mixed-use development led by McKee and his real estate development company M Property Services to revitalize blighted North St. Louis City.

New Jersey Department of Environmental Protection Commissioner Catherine R. McCabe and New Jersey Economic Development Authority CEO Tim Sullivan joined Paterson Mayor Andre Sayegh at the Great Falls Visitor Center to launch the Community Collaborative Initiative program in Paterson yesterday.

While community uplift is overall the top priority, with 76% of those surveyed believe the nation is not acting strongly enough to uplift underserved and low-income communities, and tax incentives bring an added layer of appeal.

According to panelists at the recent GlobeSt. Healthcare Real Estate Conference held here this week, one of the things that makes medical office an attractive investment is that it is half as volatile as other real estate in terms of risk.

Lenders are also showing an openness to consider alternative apartment product, like the urban townhouse and workforce housing.