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As of April 20, the multifamily portfolio has a current percentage leased rate of 95%. The remainder of outstanding collections of 4% is largely from tenants who are seeking a payment plan, the company states.

Pyramid Cos. is the largest privately held shopping mall developer in the northeast and owns 16 properties totaling 17.8 million square feet located throughout New York, Massachusetts and Virginia.

Its core real estate funds depreciated by only 3.9% and continued to see inflows over the quarter, president Jonathan Gray, which were up 36% year-on-year.

OYO's long-term stay bookings climbed to 21% since stay-at-home orders began in mid-March.

Board president James Whelan objects to the application of construction "prevailing wage," the pay rate contractors have to offer their employees when doing business with government agencies.

The firm developed the guide based on its experience in moving 10,000 companies and nearly a million workers back into 800 million square feet of buildings in China.

APG, Canada Pension Plan Investment Board and ESR Cayman say they hope over time it will double its investment by delivering as much as $2 billion in new development projects.

Greystone's Dan Sacks said that the company worked with the client on a number of properties in Pennsylvania and is now helping it expand its portfolio into Delaware.