Development

SANTA BARBARA, CA—However, Yardi Matrix says the current moderation is in line with a return to more normal rent growth that the firm forecast at the beginning of this year.

STAMFORD, CT—The founder and CEO of investment manager Waypoint Residential tells GlobeSt.com why his business model makes as much sense at this point in the cycle as it did following the Great Recession.

SAN FRANCISCO—Polaris Pacific is soon to roll out a proprietary dashboard to better streamline the company's extensive research catalogue, providing reporting that can pinpoint and categorize market segments, allowing clients to capitalize on growth opportunities.

HANOVER TOWNSHIP, NJ—The transaction completes a pioneering, five-and-a-half-year initiative that has successfully repurposed and redeveloped the 194-acre former Alcatel-Lucent campus at 67 Whippany Road.

NEW YORK CITY—Created by Goldman Sachs and a community preservation group, the funding vehicle will provide capital to builders of affordable homes for sale—not for rent.

HOUSTON—The Port of Houston Authority is a 25-mile-long complex of 150-plus private and public industrial terminals along the 52-mile ship channel and a modernization project is currently underway there.

LOS ANGELES—Despite the frequently touted lack of available land, Duke Realty manages to buy a 22.6-acre infill site to develop a 475,000-square-foot distribution center, which will no doubt be leased before its built, GlobeSt.com reports EXCLUSIVELY.

Here's a look at this week's trends, announcements and deals that you may have missed in the Northeast region.