WASHINGTON, DC—This year only 26% of the NMTC investment proceeds will be used to finance real estate projects, a trend that began with the 2013 round, Michael Sanders of Blank Rome tells GlobeSt.com's Erika Morphy.

PRINCETON, NJ—Major renovations are playing a role as financial services firm Klitzberg Associates, a tenant at 600 Alexander Road in Princeton, NJ, for more than three decades, has renewed its lease, and law firm Dumont & Watson is moving in.

MIAMI—He joined Hunt in mid-2014 to open a commercial mortgage financing office in Miami and lead the local effort.

WASHINGTON, DC—Cap rates for apartment buildings in emerging parts of town are the same as those in more established neighborhoods, JLL's Christine Espenshade tells GlobeSt.com's Erika Morphy.