CANTON, MA—The purchase marks Universal's first property acquisition since it acquired the 211-unit Weymouth Place community in Weymouth, MA from AvalonBay Communities in June 2014 for $25.75 million.

IRVINE, CA—The appetite for lending on hotels in general has cooled over the past year, and focus on top-branded product in core markets with experienced operators is now more important than ever, HFF's James Fowler tells GlobeSt.com <b>EXCLUSIVELY</b>.

NEW YORK CITY—The RFP calls for the redevelopment of an open-air parking lot at 168th Street and 90th Avenue (90-02 168th St.), half a block away from Jamaica Avenue.

SECAUCUS, NJ—In his new position, Rhatican is responsible for coordinating and overseeing Hartz' commercial and industrial development activities, and will serve as liaison with state and local governmental agencies in connection with the design, planning, and implementation of all of Hartz' development projects.