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Investment sales activity was up 53% in Los Angeles for the second quarter with a total of $1.9 billion in assets traded.

The Tampa-based firm says it plans to undertake approximately $3.5 million in capital improvements at the complex at 812 S. Park Road. The property that at the time of closing was 97% occupied.

The de Blasio administration reports that the city financed 32,116 affordable homes in 2017, which broke the all-time record set by the administration of Mayor Ed Koch in 1989 at 25,243 units.

The REIT is becoming the managing partner, purchasing a minority interest in the 2 million square-foot property in the Hudson Yards district.

Adaptive reuse projects are very appealing, and colleges will look favorably on sale-leasebacks that monetize properties and preserve some student housing.

WeWork will use consultants as its brokers for the new service.

In this <b>EXCLUSIVE</b>, Clark share insights into how executives, particularly those in a growing company, reinforce company culture without breaking the bank or creating employee backlash.

Scott Rechler says New York City needs to address its transit and traffic problems to preserve its status as a world class city.