Other positive metrics for the firm were net signed contract units were 1,806, up 31%; the contract value was $1.49 billion, up 28% and backlog units at the end of the first-quarter 2020 were 6,461, up 9%.
Madison International Realty, a New York-headquartered real estate private equity firm, has entered a partnership agreement with Principles of Responsible Investment, a United Nations-supported organization focused on environmental, social and governance considerations in financial investments.
Companies looking to take advantage of the current capital environment should consider these factors, writes Gino Sabatini of W. P. Carey in this exclusive column.
Klee, who held several executive positions at GE, served as GE's vice president of Boston development and operations and led the search for GE's new headquarters and eventual move from Fairfield, CT to Boston.
Commercial and multifamily starts in the NY-NJ region totaled $30.9 billion in 2019. However, the New York metro region's rate of growth eased in 2019 to 5% from a 13% gain in 2018, according to the report.
Jeff Lyon announces that Kidder Mathews will complete its three-year succession plan with the promotion of the firm's president and COO, Bill Frame, to CEO on July 1, 2020, and Lyon will remain chairman.
CA International, the international division of CA Ventures, reports it will invest $325 million to expand the firm's multifamily and student housing presence in the Mexico cities of Monterrey, Mexico City and Merida.