Northeast

A study of Yardi Matrix's database found that within opportunity zones there are either in place or under construction 1.9 million multifamily units, 960 million square feet of office space and 180 million square feet of self-storage space.

Kyle Gore, managing director at CGA Capital, looks at interest rates, big net lease deals, and Amazon in his preview of GlobeSt.com's Net Lease Conference.

“We continue to see a flood of investors exploring alternative industrial niches such as truck terminals, cold storage and flexier property types,” says HFF's Marc Duval.

“There is a paradigm shift taking place in the real estate industry to address the traditional limitations of space, and companies of all sizes are looking for innovative solutions to support their employees, growth and business,” says WeWork's Wojciechowski.

Steiner NYC secured the loan for its 610-foot residential tower, the largest one in Brooklyn.

Albert Picallo and Masato Inagaki, who co-founded Focal Point Capital Advisors in 2011, will join the new CBRE Loan Services entity as managing director and head of underwriting and director, underwriting respectively.

“We have discussions for at least one other office this year and have the potential to open two to three offices per year.”

The communal living company acquired the Paper Factory Hotel in Long Island City, Queens for conversion into its third co-living property in New York City.