Multifamily

The Kiser Group brokered the 250-unit condo deconversion in River North for $38 million.

Despite rising interest rates, tightening credit and lingering uncertainty over the geopolitical climate, many commercial real estate experts remain bullish on the market going into the new year.

Because of Blackstone 360's commitment, other investors are now happy to walk with East Orange on new developments, says Daniel Jennings, the city's director of planning and development.

KTGY is expanding Co-Dwell, its co-living program, in response to increasing popularity and demand for more affordable living spaces.

In response to the increase in short-term rental activity, thanks to the popularity of sites like Airbnb, the city has developed a short-term rental ordinance to register hosts and collect taxes.

Sora Apartments, a 250-unit multifamily asset, recently sold for $91.5 million and its location near the Union City-Fremont border provides residents with access to major employers and transportation.

The emerging market is in the top 10 US markets for class-B rent growth, spurring substantial value-add investment activity.

Penn Access when completed will provide access for suburban NYC commuters to Penn Station on the West Side of Manhattan using existing Amtrak tracks and right of ways.