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LAS VEGAS—There are going to be some retailers that will go out of business, yet many of them come back and operate, said sources at ICSC's recent RECon conference in Las Vegas.
NEWARK, NJ—According to Gebroe-Hammer's David Jarvis, multifamily dominates Newark's housing landscape, accounting for 81 percent of the city's building stock.
LAS VEGAS--That was the message delivered by Marcus & Millichap president and CEO Hessam Nadji during RECon 2017. For retail practitioners, it is the beacon through a cloudy, uncertain period.
WASHINGTON, DC--Monday Properties has closed on $888 million in refinancing for its Rosslyn portfolio and Rockford Capital is pursuing value-add investment opportunities throughout the Mid-Atlantic and Southeast regions.
WAXAHACHIE, TX—A new neighborhood, the Daymark Living community, was conceived, designed and built for people with intellectual and developmental delays, and the facility broke ground this week.
HOUSTON—A new portfolio offering represents an opportunity to own a five-building 505,000-square-foot office complex along 610 West Loop that is 93% leased and 58% occupied by medical tenants.
NEW YORK CITY—The NYCEDC also reported on Thursday it had awarded the first low-interest loan through the Emerging Developer Loan Fund. The project, 1193 Fulton Avenue Residence LLC, will be a nearly 21,000 square foot, 100% affordable, 25-unit residential building in the Morrisania section of the Bronx.
NEW YORK CITY—Other forces besides possible Affordable Care Act repeal are at work in the healthcare sector, with an ongoing impact on the need for capital, says Newmark Grubb Knight Frank.
NEW YORK CITY—All but two of the assets are located in New Jersey; together, the retail properties comprise 1.5 million square feet of gross leasable area.
LOS ANGELES—Following the highly publicized (and pricey) land deal, Mack Urban is delivering its luxury apartment complex Wren Residences into a stellar market.