Los Angeles

The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey's intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.

The firm provides $16 million for a five-story apartment complex in the West Adams, Pico Heights submarket.

With a bevvy of new entrants into the senior housing market, capital providers are looking for experience.

Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.

Advanced Real Estate Services refinanced the 320-unit Highland Pinetree Apartments at an interest rate of 3.74%.

Irvine has the fastest growing baby boomer population in the state, while San Francisco has the biggest population.