Multifamily

The disposition follows the firm's nearly $4 million in property improvements; increasing its value by 34%.

Freddie Mac provided $50.775-million in financing for the buyers—Cantor Fitzgerald and operating partner BH Equities, according to NKF's Multifamily Capital Markets group.

Demographic changes are shaking up established cities and breathing new life into secondary markets.

The NJ TRANSIT office of real estate, economic development and transit-oriented development will assess and develop recommendations for transit-oriented development opportunities for parcels of property in which NJ TRANSIT holds an interest in, with the goal of increasing NJ TRANSIT's non-farebox revenue.

Investments in Orange, Seminole, Lake, Osceola and Volusia counties will be given first priority; though other investments across Florida could also be considered.

The retail and multifamily asset classes are following opposing supply-and-demand trends.