Globest Sectors

The partnership is looking for value-add opportunities in the Northeast.

As the year ends, Faropoint and McDonald Development remain active in buying and selling.

Rents on 10x10 climate-controlled units are projected to end 2021 with 8% growth.

Manhattan ranked third among the 12 largest cities in the country for office market recovery.

Concessions landlords are making are bringing in retailers that had steered clear of Manhattan before.

JMI Realty, the original developer, will retain a 50% interest in the 511-room property.

Supply chain problems, labor issues, and geopolitical wrangling mean a continued uncertain and volatile future.

Rents were up 10.9% year over year in October while annual rent growth is more than three times that of a year earlier.