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The firm has acquired a two-property 214-unit portfolio in Colton for $41 million as part of its acquisition strategy in the region.

Tech employment is expected to grow this year.

KPG, which specializes in value-add acquisitions and development, believes the New York market will recover.

"Standalone bills on this issue could still be passed and enacted before the New York Legislature is scheduled to adjourn in mid-June."

There are now seven organizations with green building certifications that meet the GSE's requirements for Group 1 rates.

The new 366-unit, seven-story apartment community, Aventon Huntington, will be situated near the Huntington Metro station and will feature ample amenity space.

The 540,000-SF, class A office tower, The Eight, represents Bellevue, WA's first speculative office building development within the past six years.

An affiliate of Fortress Investment Group LLC has acquired the five-property, 444-unit portfolio, which recently underwent various capital improvements.