Northeast

In June, the Port Authority predicted record activity levels at the Port of New York and New Jersey. On Thursday, the authority reported that during the first six months of 2019, the port set a new all-time record for cargo, handling 3,652,841 TEUs (20-foot equivalent units).

The portfolio totals 219 bedrooms and are all legally zoned and approved by the City of Bethlehem.

The firm reports it is now accepting investors for its first property, The Ewing Hotel in West Cape May. The boutique luxury hotel is scheduled to open in 2021.

With talent now the most valuable commodity for a company, commercial real estate companies are exploring ways to secure top talent.

GlobeSt.com takes a deeper dive into ULI's most recent sustainability story on hotels and the business case behind sustainability.

GlobeSt.com learns that Aarons aspires to tether the worlds of real estate and technology entrepreneurship together so tightly that his presence in the space is no longer necessary to serve as translation between the two parties.

The new features driven by investor demand include the addition of short-term rental tracking, transaction auto-categorization using machine learning, and a method to organize real estate documents.

Madison International Realty's founder and president Ronald M. Dickerman tells GlobeSt.com lower interest rates will provide positive leverage for CRE's lifeblood.