Northeast

The company's money source is essentially leverage upon leverage, greatly increasing its risk for default.

With almost half of the American workforce working remotely, companies may need to rethink office space and amenities.

There will be more integrated assets across different service lines.

Earlier this year, Hackensack, NJ-based Alfred Sanzari Enterprises sold two garden-style apartment communities—Riverside Terrace in Bogota, NJ to the Tournambe Family and Queen Anne in Hackensack, N.J. to JC Realty—to leverage the successful 1031 exchange.

JMF Properties recently staged a ribbon cutting for the 212-unit development at 1400 South Ave., located between the Netherwood and Fanwood train stations on the Raritan Valley train line.

Purchased in 1992 by a private investment group, the building is currently listed on the National Register of Historic Places and has operated as a boutique hotel and short-term rental for more than 90 years.

Contract activity has increased 16% year-over-year in the borough that has seen great migration of buyers into East and South Brooklyn.

CREXi has expended its network to with a new 17-property Las Vegas land auction, part of the company's ongoing expansion.