Northeast

Regulations, like the recent statewide rent control in California, New York and Oregon, are the biggest challenges for multifamily buyers.

Combined, the two properties at 125 West End Ave and 320 West 66th Street total an estimated 500,000 square feet of commercial space.

"These markets are considered budding tech hubs that are poised to grow more rapidly in the future."

Glovis America will process more than 200,000 Hyundai, Kia and other original equipment manufacturer vehicles this year at the processing center.

"New Jersey is extremely vulnerable to the impacts of sea-level rise and global warming, and today's Executive Order outlines a bold and comprehensive set of actions to ensure that our communities and infrastructure are more resilient against future storms," Gov. Murphy said.

JLL, which arranged the financing deals for the borrower, reports that Novel Property Ventures secured a $96.36-million senior loan through an international bank and a $21.5-million mezzanine loan through J.P. Morgan Asset Management.