Economy

The Cities for Financial Empowerment Fund's lease with Blackstone's real estate funds points to continued diversification in Downtown Manhattan.

While many are expecting a pause in 2020 or 2021, office developers are starting projects today to deliver into what is forecasted to be a strong market in 2022, GlobeSt.com reports EXCLUSIVELY.

The 10-year/3-month yield curve has inverted, and some developers are shifting to a long-term strategy as a result.

In the second quarter, investment sales of large apartment complexes increased 33% year-over-year.

“New York City can't alone build all the housing and make it affordable for all the people who need it. It just won't work.”

As the industry continues to iron out the regulatory process, investment interest should grow.

The asset class proved to hold up during the last recession, and savvy investors are stacking the deck now before the next one hits.

Rev. James I. Clark III joins the Episcopal parish from Transwestern, where he was the president of the investment services group.