Northeast

Greystone, a commercial real estate lending, investment, and advisory firm, has bulked up its special servicing capabilities, acquiring Dallas-based C-III Asset Management, a special servicer with a $20.7 billion servicing portfolio.

IPG has appointed Graham Stephens, formerly of Jones Lang LaSalle in New York City, as a principal in its investments team and head of capital markets.

The company unveiled plans remodel 35 existing stores in 2020 and 2021. With this investment, Giant will grow its commitment to the city of Philadelphia, its home market in Central Pennsylvania, and Monroe County.

CEO Andrew Spodek says the company has never seen a pipeline and response from the postal community this robust.

Certainty in the economy helps drive investors to the sector.

Rent control, interest rates, a bifurcating multifamily market. Here are some trends we can expect to see in 2020.

Normandy reports that it has raised more than $100 million in commitments to date, and capital raising will continue through 2020 for the Opportunity Zone Fund that has a target of $250 million in commitments.

The property known as Newport Office Center IV was sold by the Lefrak Organization.