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BOSTON—While noting that Massachusetts is experiencing job growth it has not seen since the 1990s, the region's demographics as well as outside influences will put a damper on employment growth in the years to come.
GREENWICH, CT—The sale of the Richmond, VA-based Landmark Apartment Trust to an entity known as Monument Partners LLC will bring Starwood Capital's multifamily holdings to nearly 65,000 units.
NEW YORK CITY—The last double-digit year-over-year decline in US commercial property sales occurred after financial markets' “Taper Tantrum” in 2013. Real Capital Analytics sees both similarities and differences in the current environment.
NEW YORK CITY—SL Green Realty issued a rather upbeat third quarter financial report today, posting higher net income and funds from operations as compared to a year earlier. The REIT reports leasing activity led to an increase in its occupancy rate in Manhattan during the last three months.