PITTSBURGH, PA–HFF arranged $54.65 million in financing for the Allegheny Center Office Complex, a three-building campus totaling 1.22 million square feet on Pittsburgh's North Shore, which owner Faros Properties says will be extensively renovated.

MOUNT ARLINGTON, NJ–Woodmont Properties has broken ground on the $60 million Woodmont West at Mount Arlington luxury apartment community in Morris County, NJ. Amenities include a pet grooming center and indoor golf center with a driving range and putting green.

PALM BEACH—“Quality tenants are looking to stake a claim, with little space available,” says Cushman & Wakefield's Mark Pateman.

NEW YORK CITY—"What's the multiple?" used to be the determining statistic to a multifamily building's fair value. Not any more. James Nelson of Cushman & Wakefield looks at the new standard.