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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
WASHINGTON, DC-Some $3.6 billion in DUS multifamily housing funds were issued from January to June.
NEW YORK CITY-The Chicago-based REIT is expanding its hold on the NYC market with the $715-million purchase of 1301 Sixth Ave.
NEW YORK CITY-As least, that's the opinion of one local market-watcher, who predicts that the economy will remain strong, buoying the hotel market.