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Despite rising interest rates, tightening credit and lingering uncertainty over the geopolitical climate, many commercial real estate experts remain bullish on the market going into the new year.
Because of Blackstone 360's commitment, other investors are now happy to walk with East Orange on new developments, says Daniel Jennings, the city's director of planning and development.
In response to the increase in short-term rental activity, thanks to the popularity of sites like Airbnb, the city has developed a short-term rental ordinance to register hosts and collect taxes.
Sora Apartments, a 250-unit multifamily asset, recently sold for $91.5 million and its location near the Union City-Fremont border provides residents with access to major employers and transportation.
One thing is for certain: continued innovations are a given within the proptech world and adoption will continue to accelerate, says Mihir Shah, co-CEO of JLL Spark, in this <b>EXCLUSIVE</b>.
After leasing most of Farinon II to Ernst & Young, Worth & Associates has begun construction of Farinon Business Park III, the third of three buildings in Worth's master-planned business community.
Penn Access when completed will provide access for suburban NYC commuters to Penn Station on the West Side of Manhattan using existing Amtrak tracks and right of ways.