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WASHINGTON, DC-This is the GSE's first 2016 deal that features the seven-year floating rate MBS with a 4% interest rate cap, which is only offered for workforce housing.
PHILADELPHIA—Liberty Property Trust, Synterra Partners and PIDC say that Central Green, the dynamic park located in the center of the revitalized and redeveloped Navy Yard, has received multiple awards for design and development, just as Liberty/Synterra's newest building overlooking the park, 1200 Intrepid Avenue, is scheduled to come on line.
NEW YORK CITY—The manufacturing sector, which bled jobs the previous 10 years, is well positioned for the future with businesses engaged in 3-D printing, metal and wood fabrication, and food manufacturing expected to add jobs in coming years.
NEW YORK CITY—As second-quarter earnings season gets underway, Trepp sees REITs specializing in everything from billboards to prisons postings some of the sector's strongest returns.
BOSTON—The BRA calculates the projects approved last Thursday evening total approximately one million square feet of new development and involves nearly $600 million in development cost.
SAN FRANCISCO—In a short time, HomeSuite has thousands of furnished homes and apartments in seven major market cities including San Francisco, with new cities about every 45 days, says founder David Adams in this EXCLUSIVE.
SOUTHERN CALIFORNIA— Investors in three major Southern California markets are beginning to return to the market as they strive to meet their real estate capital allocations by year end, JLL experts in those three markets tell GlobeSt.com <b>EXCLUSIVELY</b>.
FAIRLAWN AND HACKENSACK, NJ—NorthMarq Capital's New Jersey-based regional office, arranged $91.5 million in refinancing for a 13-property medical office portfolio, of which eleven assets are located in exceptional, high-demographic, in-fill markets throughout Northern New Jersey.
SAN CLEMENTE, CA—A court ruling that this city's emergency-shelter ordinance fails to complete with state law is a positive outcome for developers, residents and stakeholders, O'Melveny's Brett Williamson tells GlobeSt.com <b>EXCLUSIVELY</b>.