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Co-chair of the real estate committee at the Queens Chamber of Commerce is launching a technology-driven real estate brokerage firm focusing specifically on the Queens, New York submarket dubbed Project Queens.
The rebranding to Diversified Healthcare Trust marks a milestone in the company's transformation, which includes the anticipated conversion of SNH's existing triple-net leases with Five Star Senior Living Inc. into management agreements that was expected to occur on Jan. 1.
The addition of G&P increases NFI's footprint to more than 300 locations throughout North America, employing more than 12,600 associates. The purchase of G&P further deepens NFI's industry expertise throughout diverse industries such as automotive, tires, retail and textiles.
As a financier of commercial real estate transactions in mid-sized markets, Doug Misner of TIAA Bank is seeing a shift from retail properties in these markets to industrial properties that are serving as last-mile logistics centers.