Northeast

The new hospital, which will be the centerpiece of Valley's healthcare campus in Paramus, will be funded through the issuance of bonds, hospital equity and philanthropic contributions. Valley anticipates the new hospital could open as early as 2023.

Berkadia arranged the sale and acquisition loan for the property located in Orlando's Winter Park suburb near Full Sail University, Rollins College and the University of Central Florida.

Hiring an inexperienced parking team is the biggest and most costly mistake that property owners can make in parking management.

The Moinian Group has leased 22,000 square feet at 3 Columbus Circle to the Agency of Performing Arts.

The pair paid $67.25 million for the asset located at 275 Park Ave., spanning the southern facing side.

The assisted living and memory care portfolio consists of 28 properties in 14 states.

Asking rents for the newly renovated property were $58 per square foot. Recently, 240 West 35th St. had its lobby and common corridors redone.

"There is zero incentive for NY multifamily investors to purchase a building and spend money on renovations if they can't raise rents in these rent-controlled environments."