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Bow Street's letter says it strongly believes that the Mack-Cali board's perfunctory response “suggests an alarming lack of commitment to good governance and long-term stockholder value, as well as an unwillingness to explore value-maximizing opportunities following years of company underperformance.”

KHP will continue to acquire hotels that can benefit from enhanced branding and management, renovation and reposition hotels in need of capital, and adaptive reuse of historic buildings.

The sellers of the Williamsburg property were the children of Holocaust survivors who came to New York with an infant and $35.

Open office space is easier to lease and at higher rates, but it is also easier to release with few tenant improvement costs.

The 93-unit Vincent's Village community will be developed by the Sisters of Charity Housing Development Corp. of Staten Island and Rockabill Development, LLC of New York City.

Columbia Property Trust completed a significant repositioning of the campus in advance of the sale. Those efforts helped drive 460,000 square feet of leasing at the property since early 2017, replacing the original anchor tenant with no downtime and returning the full property to 100% leased.

“I believe the foundations of our current mortgage finance system remain vulnerable.”

Four markets in the State of Florida ranked among the top 15 in the nation for multifamily rent growth, the most of any state.