Northeast

Consultant CoreData found that most of these firms' ESG adoption is limited to negative and positive screens.

A new UCLA report shows that naturally occurring affordable housing is disappearing, but a downturn could revive the market.

In our pre-event coverage of GlobeSt.com's ADAPT awards, we took a closer look at adaptive reuse projects across the country. The winner for the best innovative reuse of abandoned space is The Irvine.

Rittenhouse Realty is marketing the property as a development opportunity to build 208 apartments (147,070 square feet) above the garage, which will be master leased to Sonder Inc.

"Furthermore, we expect to be able to take advantage of our heavy lease expiration cadence over the next couple of years, to close underperforming stores or relocate stores to improve sales and profitability on a per-store basis," the shareholder letter states.

The loan is the second financing deal secured with AIG for One Park, coming on the heels of a $71.6-million construction loan in 2017.

"No matter what level of cost of homes are built, more housing flooding the market will allow rents/mortgages to come down and more residents will have access to housing."

The proposal also calls for replacing the existing cap on the GSEs' annual multifamily acquisitions with a cap that is based on the multifamily guarantors' share of outstanding multifamily debt.