Northeast

The student housing market is on track to keep pace with the strong leasing activity last year.

The fund closed oversubscribed and more than double the size of Fifth Wall's first fund.

Pembrook Capital Management closed on preferred equity investment of $50 million for Prana Investments.

A group of landlords and building owners is trying to get a federal court to strike down the Housing Stability and Tenant Protection Act of 2019.

The completed transactions, most of which were classified as “net lease,” were a mix of restaurants, convenience stores/gas stations, discount stores, veterinary clinics, fitness centers and drug stores, spanning across 12 states, including seven in Pennsylvania and five in New Jersey.

Idiosyncratic, borrower-driven distressed situations and signs of late-cycle lender fatigue will lead to increased opportunities in non-performing loans, says Bain Capital Credit's Jeff Robinson.

The deal allows Barb's Treasures, an expanding independent retailer, to operate in a larger retail location.

In relocating to Warren Corporate Center, Everest, which is headquartered in Bermuda, is expanding the footprint of the corporate headquarters of its U.S. operations by more than 80,000 square feet.