Northeast

“This is the 4th hotel Hunter sold for Rockwood in 2018," says Teague Hunter, Hunter's president. "Its institutional-quality portfolio and sophisticated business style allowed the deal to move seamlessly through closing.”

The public healthcare system will move from six locations into 7 Hanover Square, where GFP and Northwind are planning $250 million in renovations.

The New York State Thruway Authority issued a traffic advisory warning motorists of heavy traffic delays in connection with the demolition that is scheduled to begin at 9: 30 a.m. on Jan. 12.

The agency's first deputy commissioner Thomas Fariello will serve as the acting buildings commissioner, effective February 1.

Back in June 2018, in another Texas multifamily purchase, the Praedium Group acquired the 260-unit Discovery at Mandolin Apartments in Houston, TX.

Survey says brokers also expect to be in the real estate business for the rest of their careers.

That is among the observations Goldman Sachs' Joe Gorin has about the coming year.

CBRE's four offices in Richmond, Norfolk, Charlottesville and Fredericksburg will be rebranded as Colliers International.