Business Specialties

New York State Budget Omits Local Law 97 Relief

New York City’s new building emissions law is the most ambitious law to be enacted by any city.

Suburban New Jersey’s Future Takes Shape

Somerset Development’s Ralph Zucker tells the story of Somerville Station, the largest mixed-use development ever approved by the borough of Somerville, N.J.

REIT Leaders Speak Out at NYU Conference

The event offered a rare opportunity to eavesdrop on conversations with Debra Cafaro, Sam Zell, Hamid Moghadam and Barry Sternlicht. Here are the highlights.

GID, Ivanhoé Cambridge Form Industrial Platform

The venture, GID Industrial, will capitalize on long-term demand growth—specifically in the urban infill industrial sector.

New Orleans Industrial-Flex Portfolio Gets $38M Refi

JLL Capital Markets arranged the CMBS loan for the 15-building collection owned by Briar Meads Capital.

Trophy Office Tower in Richmond Changes Hands

American Real Estate Partners sold the Class A downtown high-rise for a reported $77 million.

Top 5 Office Projects Under Construction in Denver

According to CommercialEdge data, 20 properties totaling some 3.3 million square feet of office space are taking shape in the metro.

The Power of a Balanced Portfolio: Q&A

KBS Executive Vice President Robert Durand on how the company is evaluating investment opportunities and financing options in today’s economy.

Mohr Capital Breaks Ground on Spec Industrial Property

The 827,000-square-foot building is one of two speculative projects the company is building within its logistics park near Indianapolis.

Ares Management Closes $1.7B CRE Fund

The global alternative investment manager’s third U.S. investment vehicle focuses on selective distressed, repositioning and development opportunities.