Globest Sectors

With strong healthcare fundamentals and highly active investors, deal opportunities are becoming scarce. Developers are repurposing old buildings into outpatient facilities to meet demand.

These companies are expanding their footprint in the profitable medical office space while carefully managing risk in other subsectors.

Healthcare spending, which totaled $3.5 trillion in 2018, is expected to grow more than 5% per year for the next decade. The people who can navigate this sector are a special breed.

"SunTrust stepped up and offered highly accretive terms for Riverstone."

The estimated $400-million Tidewater Landing project in an opportunity zone on Pawtucket's waterfront will feature hundreds of thousands of square feet of new development, including a news sports complex that will be home to a professional soccer team

Real estate proptech startup RentRedi raised $1.4 million in venture capital to go boldly into the national rental market, taking aim at landlord and tenant challenges.

The enforcement action follows two notices of violation sent to the facility following citizen complaints and inspections by DEP staff documenting malodors, as well as the installation and operation of equipment without DEP authorization, the DEP states.

The transaction simplifies its joint venture relationship with MetLife Investment Management, says UDR CEO Tom Toomey