Northeast

"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.

At GlobeSt Apartments Conference, Greg Brown of National Apartment Association talks about the increase in rent control regulations across the country.

At GlobeSt Apartments Conference, Greg Brown of National Apartment Association talks about the increase in rent control regulations across the country.

Retailers are holding their horses in terms of broad expansions, preferring to enhance current properties to optimize performance, says Scott Holmes of Marcus & Millichap.

Since the Housing Stability and Tenant Protection Act of 2019 (HSTPA) in June, multifamily transactions have lagged.