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The building has been a hit with office tenants, including Bank of America, which has also agreed to finance the trophy property.

Banks still love multifamily deals, but with pricing and rental rates hitting records numbers, they are being more selective.

In 2017, venture capital investments in New York City-based blockchain businesses grew to more than $199 million.

Vacancy rates in the South Florida retail market have stayed around 3%-4% consistently for the past three years, even with rental rates reaching historic highs.

Infill industrial has become the darling of investors, but many deals don't attract the big REITs.

Koontz continues to pursue multifamily, office and industrial in familiar markets with a growth strategy to stay with fundamentals and respond to proven demand with the right product at the right price.

Some 80% of the units at Viamonte at Walnut Creek are already sold and nearly 80% of the future homeowners are 680 Corridor residents, demonstrating the demand for this type of senior community.

“The entire center will be a valued asset to the city, serving all of our residents and attracting shoppers from Staten Island and Jersey City all the way to Bayonne,” says Bayonne Mayor James M. Davis.