Economy

The institutional-fund manager acquires Surf at 39, a 400-unit, coastal-infill multifamily asset here, and intends to upgrade units to meet tenant needs but keep it as a workforce-housing community.

Discovery Communications will relocate its global headquarters to New York City next year.

There were approximately 210,525 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), about half the total compared with the previous quarter.

A roundup of recent deals, leases, executive moves, and other news from the past week.

I know of no executive who enjoys business travel. In the most recent move to make your next flight more miserable, you will be chagrined to learn…

Home sales activity increased notably year over year in November, up by 13% in Sonoma County and by 24% in Marin County but down by 11% in Napa County, according to housing experts at Pacific Union.

Anecdotally, most universities reported fewer international applications this year, reputedly based upon international concerns related to the rhetoric of President Trump, Pierce's Fred Pierce tells GlobeSt.com in part 2 of a two-part story.

The question for this year is “how much more steam is left in the market, whether the deceleration will continue or if it will level off or turn negative,” says Yardi Matrix.