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BOSTON—The private equity firm is entering the lower-risk, lower-return arena after raising more than $8 billion for opportunistic funds since its founding in 2003.
MIAMI—Can affordable housing developers compete with luxury developers on land? GlobeSt.com caught up with Pinnacle Housing's Mitchell Friedman to discuss these and other affordable housing issues.
LANSDALE, PA—A joint-venture partnership of Advance Realty and The Davis Companies has acquired 2750 Morris Road, a 675,000-square-foot high-tech assembly and warehouse facility located in Lansdale, Montgomery County, PA.
ELMWOOD PARK, NJ—The New Jersey division of Lee & Associates has cooked up a long term lease package —including $30 million in state tax credits over 10 years–for Wenner Bread Products, a 58-year old Long Island company, which is moving to a 301,626-square foot manufacturing facility at 571 Jersey Avenue in New Brunswick.