News

The second largest retail discount store is opening small format stores on the Upper East Side in Manhattan, on Staten Island and in Astoria, Queens.

The Strata Equity Group bought the 1,731-unit portfolio -- its first investment in the Mid-Atlantic.

This deal attracted interest from all over the country, says Calkain CEO Jonathan Hipp.

In this Q&A, Chris Mavros and Jon Leifer of Case Real Estate Capital take a look at how lending competition and borrower appetites are being affected by the economy, and how the aging baby boomer generation is creating opportunities in the market.

The final rule allows a financial institution to use an evaluation rather than an appraisal for commercial real estate transactions exempted by the $500,000 threshold.

The outlook remains mixed on limited, near-term, large tenant lease roll and supply concerns, according to Cushman & Wakefield's Nate Edwards.

The REIT has also refinanced an existing $150 million seven-year unsecured term.

The program is aimed at businesses in Montgomery County that are planning to make energy efficient upgrades.