UNION CITY/JERSEY CITY, NJ–Hudson County's multifamily properties are primed for rent growth and property appreciation that continues to outpace Northern New Jersey's six other apartment submarkets, according to Nicholas Nicolaou, senior vice president at Gebroe-Hammer Associates. The Hudson County market specialist, who recently arranged three separate trades totaling 148 units sold for $19.3 million in Union City and Jersey City, links optimal property performance and area gentrification to enduring investment activity.

HOUSTON—The Bay Plaza Office Complex building owner points to creativity and ability to fill a niche that may be lacking in other properties in order to retain existing tenants and attract and attract new ones.

NEW YORK CITY—While real estate executives are bullish on the future of Lower Manhattan, they also are concerned that the district is still susceptible to flooding in the wake of Hurricane Sandy, according to new research.