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Real estate investment management firm George Comfort & Sons' 200 Madison Ave. is 100 percent occupied after it has finalized a 10-year lease with Neville, Rodie & Shaw, Inc. The property sits in the highly desired Midtown South submarket, in which NRS will remain on the 20th floor through 2031.
Midtown leasing activity saw a steady decrease in volume in 2019 at an estimated 25 percent from the previous year and is on track to see the highest quarterly supply of office inventory in nearly five years with a chance it may not remain stable.
Healthcare organizations are looking to save money while maintaining or bettering outcomes, say panelists at the National Investment Center for Seniors Housing & Care Spring Conference.
New York-based co-living company The Collective has secured a $75 million construction loan from ACRES Capital to finance 292 North 8th St., an 11-story student housing and co-living development in Williamsburg, Brooklyn.
With a Coronavirus threat putting so much at stake, employers want to know how to keep their businesses operating, while meeting the changing needs of their key stakeholders.
State officials note the total of approximately $12.5 million in PIDA financing in 2020 has resulted in more than $28.8 million in private investment and supported the creation and or retention of 933 full-time jobs in the state.
The NMTC loans included a $4-million allocation from Capital One Community Renewal Fund and a $10.5-million allocation from NJCC, which also provided Hugo Neu with a $2.5-million term loan.
A member of SIOR NJ since 2013 Vetter has played a vital role in expanding the chapter's profile by contributing to the broader community through its strong relationship with The Rutgers Center for Real Estate.