NEW YORK CITY—Following last week's sale of the asset—also known as the Helmsley Building—Monday Properties' Anthony Westreich and and Invesco representative tell GlobeSt.com why they did the deal.

MANHATTAN BEACH, CA—C.W. Driver completes construction of the $19 million Manhattan Beach Library, a LEED-certified project that they helped design and build—a trend that is becoming more common for builders.

NEW YORK CITY—Adam Davis, a more than 25-year veteran of the commercial real estate finance industry, has been named to a new position as leader of four of Wells Fargo's structured commercial real estate businesses.

NEW YORK CITY—Equity came from foreign investors as well as local ones for this “huge project” that features 750 units, Howard Michaels of the Carlton Group—which represented HFZ in the transaction—tells GlobeSt.com.