News

The national portfolio owned by New York City-based MCR and BLT of Stamford, CT, encompasses 5,958-guestrooms at 53 Marriott and Hilton select service and extended stay hotels located in 15 states and 31 markets.

Fund IV will target multifamily and commercial properties throughout the Eastern US and Texas.

It is expected to announce shortly that it will split its headquarters between Crystal City and Queens.

Under the terms of the GRP I joint venture, Northwestern Mutual will acquire an 85% interest in the 17-center portfolio which is currently valued at $368 million.

The submarket has experienced considerable growth in recent years with Amazon, Lowes, Walmart, and FedEx all occupying distribution facilities nearby.

Advocacy efforts by the honorees helped establish NAIOP as the most effective and respected real estate organization in the state, says NAIOP NJ president Dave Gibbons of Elberon Development Group,

Orchard Gateway will be the largest active industrial construction project in the I-88 Corridor.

Greystone leveraged Fannie Mae's Green Rewards program, which provides borrowers committed to making energy or water usage improvements with favorable financing terms.