Northeast

Governor Wolf's budget includes plans to make more than $1 billion available to combat lead, asbestos, and other contaminants. The governor is also continuing to pursue $4.5 billion in funding through his Restore Pennsylvania plan, which will be used to upgrade and make repairs to Pennsylvania's aging infrastructure.

The firm, fresh off its announcement last month that it had initiated a $12-billion investment strategy for its student housing and residential divisions, has hired real estate veteran Russell Brenner as president of the new medical office and life sciences entity.

Penwood Real Estate, which is headquartered in West Hartford, CT, and Princeton, NJ-based Metrix Real Estate secured a three-year construction loan with two one-year extension options through Wells Fargo Bank for the project at 10 Princess Road.

There are no stepping stones from low-income to middle income as tenants try to progress in their lives.

Even if a tenant doesn't have public financials, there are signs that it could be in trouble.

Tech has always been a tricky space for commercial real estate. At first, the industry was a laggard in tech adoption; then it soon caught up. In the…