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PARSIPPANY, NJ—So says Transwestern's Rick Rizzuto, who is noticing a particular interest in the Northeast Corridor by fitness brands from the other coast.
LOS ANGELES—The Port of Long Beach gets a AA rating on outstanding debt, RealtyMogul.com closes $7 million in transactions, inching closer to its billion goal, and Townfair Apartments in Portland trades for $31 million in this week's wrap-up of deals.
NEW YORK CITY—“You can't fight the tape,” FelCor Lodging Trust's Richard A. Smith told an NYU hospitality conference audience, summing up the disconnect between hotel fundamentals and market valuations.
NEW YORK CITY—Kent Swig, president of HelmsleySpear, says the new staff member will focus on business development, property management, leasing and new investment sales.
SAN DIEGO—San Diego ranks seventh overall on San Diego Regional EDC's Software Power Index, which measures the region against the top 50 most-populous metros across the country, according to a new EDC report.