Northeast

The long-promised lawsuit filed by New York State Attorney General Barbara D. Underwood specifically points to the federal tax reform law capping the SALT deduction at $10,000 as damaging to state taxpayers. The litigation was joined by the attorneys general of Connecticut, Maryland and New Jersey.

“We remain bullish on the current operating environment as well as the long-term fundamentals supporting grocery-anchored shopping centers, and this merger demonstrates our unwavering confidence in the asset class.”

It plans to realize more than $350 million in acquisitions of multifamily properties in the US.

Longer term, the company is reportedly exploring a REIT conversion.

Renewable energy offers an exceptional opportunity to not only reduce consumption of GHG-producing fossil fuels, but also to achieve immense cost savings.

The digital media company's doubling of space brings Columbia Property Trust's building to 95% leased.