Northeast

The 33-story mixed-use project at 40 Trinity Place in Boston's Back Bay upon completion will feature 147 hotel rooms and 146 residential units, as well as multiple amenities and dining options.

All together the REIT has entered into definitive agreements with two new operators and completed a transaction with a third new operator involving 24 hospital facilities for a total investment of approximately $1.75 billion.

Black Creek Group is the seller of the 37.5-million square foot portfolio, which is 96% leased.

The sale included a one-story, free-standing building totaling 10,000 square feet, which has recently been leased in its entirety to a medical tenant.

Transwestern Commercial states that multiple submarkets throughout the state are experiencing higher than 5% year-over-year growth in rents including Woodbridge/Metropark, Edison South, Parsippany Region, Hudson Waterfront, Wayne/Paterson and Somerset/Interstate 78 East.

The joint summary explains the compliance implications for qualified opportunity funds under federal and state securities laws.

Industry leaders believe that the co-working market is at moderate risk and is becoming oversaturated.

A new survey shows most men believe the industry is a “really good place” for women, while women believe the industry has much more progress to make.