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Extell is co-developing Central Park Tower with SMI USA, the US subsidiary of Shanghai Municipal Investment, a leading infrastructural investment company responsible for the Shanghai Tower, the second tallest building in the world

Despite the drop-off in the volume of deals, total revenue transacted through the third quarter of 2018 was $10.7 billion, the report states.

The fund received “tremendous” support from the existing investors and welcomed a number of new limited partners from across Europe, North America and Asia, Atlantic Pacific Capital states.

Moody's Analytics estimates total damage from the Category 4 storm at between $16 billion and $20 billion.

The company has lined up a commitment for $300 million from creditors.

The portfolio acquisition increases Colony's light industrial warehouse space in Atlanta to more than 7.7 million square feet.

A bankruptcy court judge confirmed the construction company's plan of reorganization which includes union parties' receiving a settlement of $25.7 million.

Flexible space grows in Brooklyn as Cornell Realty leases a former industrial building from Metropolitan 75 Realty.