NEW YORK CITY—Outlining the work his administration has done on affordable housing and other fronts, thus far, the Mayor told an ABNY gathering Thursday morning about his new plans to address the city's latest crisis.

BOSTON—Cresa, following through on what brokerage firm executives have described as an "aggressive" but "thoughtful" global expansion initiative, has expanded its operations to Australia.

LOS ANGELES—Xebec and Cornerstone break ground on a two-building, 361,038-square-foot industrial development on 15 acres of land it purchased in October.

BELLEVUE, WA—The 10.8-acre retail center in the 'Bel-Red Corridor was acquired by Retail Opportunity Investments Corporation.