News

Tower CRE states that the launch of the new division was prompted by closing $50 million in cannabis-related retail and industrial transactions in the last 18 months with an additional $15 million in the pipeline that are expected to close by the end of this year.

Separately, Blackstone has also raised $11.1 billion to invest in secondary assets and investment funds.

Pure Multi-Family REIT's portfolio is located in markets throughout the US Sunbelt.

Gains were realized in both the private (+9,600) and public (+600) sectors of the state's economy, according to statistics released by the New Jersey Department of Labor.

The firm purchased the 117,472-square-foot property from a national manufacturing company, according to brokerage firm Avison Young.

The global risk management and construction services software company has been steadily expanding its Lower Manhattan office space since 2009 when it first came to the building.

James Love will join American International Group filling a new position, following 19 years at Goldman Sachs.

The company will own 17 data centers in Latin America upon the four openings later this year.