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NEPTUNE, NJ—The transaction also included short term tax-exempt bonds issued by the New Jersey Housing Mortgage Finance Agency and $8.4M in low income housing tax credits.
HARLEYSVILLE, PA—Institutional Property Advisors, a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, brokered the transaction.
BOSTON—While most data continues to point to very strong markets going forward, particularly in Cambridge, there are some signs that landlords are looking to make deals in Boston and are not married to their “sticker price.”
CALABASAS, CA—Among office markets driven by the tech sector, San Jose has been a winner in both vacancy declines and rent growth; Marcus & Millichap reports that Silicon Valley's peers have seen more variable results.
NEW YORK CITY—The Manhattan residential real estate market broke records in the second quarter for overall median closing price ($1,195,000) as well as for the median co-op selling price ($790,000).
NEW YORK CITY—However, in the near term FTI Consulting's Jahn Brodwin has succinct advice for US clients who own commercial real estate in London: “Sit tight."
Interns and protégés offer fresh insight into our industry, says Lawrence P. Casey, president and COO for Donahue Schriber, in this <b>EXCLUSIVE</b> article.
AUSTIN, TX—For the first time in China, consumers will have access to the same pricing, availability and feature information as US consumers because every listing will be translated into simplified Chinese.