ATLANTIC CITY, NJ—Community Investment Strategies has opened two new affordable multifamily rental communities, Connecticut and Carolina Crescent, that are Atlantic City's first affordable rental properties in more than a decade.

NEW YORK CITY—A subsidiary of the developer has released interest in the complex to a foreign buyer.

MIAMI—For all the talk about Miami—and even Fort Lauderdale—commercial real estate prospects, Palm Beach County is doing more than holding its own.

NEW YORK CITY—The property is the first big assignment for investment sales broker Helen Hwang since she joined Meridian Investment Sales.