Northeast
Yardi Matrix: Boston Brawn
The city’s multifamily market continued to expand in 2016, especially the in-demand waterfront, although escalating rents have left the metro with an affordability problem.
Brookfield to Welcome NHL to One Manhattan West
The $8.6 billion Manhattan West mixed-use project will host a new headquarters for the National Hockey League.
Skanska Partners with GSK on $45M Lab Facility in Pennsylvania
Construction is scheduled to start this month and will be completed by October 2017.
NYCEEC Finances Energy Storage for a Low-Income Housing Microgrid in Brooklyn
The loan marks a new line of business for NYCEEC as the efficiency and clean energy organization enters the energy storage market.
RLJ Lodging Trust Trims Stake in NYC Hotels
The REIT sold two Manhattan properties for a combined $286 million.
JLL Announces Two Promotions in Philadelphia
Mike Morrone and Tom Weitzel have each been with the company for nine years.
Meet Bluerock Capital Markets’ New CEO
Industry veteran Jeffrey Schwaber will be charged with growing the firm’s distribution footprint.
Vornado Lands $400M Refi for 350 Park Ave.
The company realized net proceeds of $111 million upon closing.
Jersey Medical Office Asset Commands $64M
Carter Validus Mission Critical REIT II has acquired an 89,000-square-foot office building located in Marlton.
Duke Realty Expands Northeast Team with New VP
Benjamin Rosen has joined the company’s Northeast Region office and will oversee industrial operations in the New Jersey area.