Northeast

Jones Lang LaSalle arranged the deal on behalf of RXR, securing a floating rate construction loan from Bank OZK.

Plans call for the closure of 178 stores in the US and as many as 350 globally.

The co-working firm tumbled downhill when it filed its IPO form to the Securities and Exchange Commission in August, ensuing a firestorm of criticism and ultimate withdrawal of the filing.

Construction has commenced on the $50-million arena that will be home to the Philadelphia Fusion esports franchise, one of 20 international teams competing in the Overwatch League.

The Bayonne development is comprised of several buildings, which include a new 218-key premium hotel, nearly 75,000 square feet of retail space, and 4,500 residential housing units.

"This acquisition of high quality warehouses demonstrates our continued strong conviction in logistics and positive e-commerce trends."

PropTech investments continue to increase as investors take lukewarm approach to blockchain.

Reforming the GSEs is a long-overdue step. They have been operating under temporary rules in a market that performs better when there is certainty.