Outside of the dated mall format, retail is thriving. Nationwide, vacancy is near all-time lows and rents continue to set new peaks.

The loan is to MRP Realty for the first phase of Bryant Street.

Long-term sustainable demand and, as a result, resistance to market fluctuations creates a compelling investment opportunity at this current stage of the cycle.

On Thursday, the governors signed a proclamation to work together to make the Delaware River Basin a national model for sustainable economic development, drinkable clean water, healthy fish and wildlife populations, outdoor recreation and nature-based climate resilience.