The construction industry now can be viewed as “one of the backbones of the middle class in New York,” the Building Congress says.

Dodge Data's Robert A. Murray says the construction industry has made the transition to “a more mature stage of expansion” over the past two years.

Media reports identify the buyer as Junson Capital, the family office of Longfor Properties co-founder Cai Kui.

The spun-off gaming casino REIT also raised $1 billion in a private equity offering late last year.

Working with two of the nation's leading office landlords, Mindspace will open facilities in Washington, DC and San Francisco this spring.

The partnership has closed on its first purchase, a five-property portfolio of 368 rent-stabilized apartments in the Fordham, Belmont and Concourse sections of the Bronx.

In this <b>EXCLUSIVE</b> commentary, the founder and president of 1st Service Solutions describes some real-life case studies to bear in mind with springing cash management on CMBS loans.

As the DC metro area's multifamily market remains resilient, private equity investors remain active, a trend with positive regional and national implications, writes Capital One's Sadhvi Subramanian in this <b>EXCLUSIVE</b> commentary.