Economy

Douglas Elliman's Q2 2019 Manhattan Report indicates the number of sales is up for the first time in seven quarters.

Apartment rents increased .06% year-over-year in June and were flat month-over-month.

Secretary of Health Dr. Rachel Levine announced the agreement late last week. The temporary manager, Pinnacle Healthcare Consulting, will remain in place until the department determines it is no longer necessary.

More than 135 shipping vessels have voluntarily enrolled in the Port of Long Beach's Green Initiative Flag program.

The firm is now active in 17 states, and expects to triple the size of its lending business.

While real estate asset classes are each operating on individual cycles, overall, the economy looks healthy through 2020.

Nominations are open for Real Estate Forum's next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.

The historic plan was passed with significant bipartisan supermajorities and will investments in roads, bridges, railways, universities, early childhood centers and state facilities like the crime lab and veterans' homes over the next six years. The package of bills also includes new incentives for data center projects.