New York

Tribeca Investment welcomed the opportunity to partner with PGIM and Meadow to bring new large blocks of space to the market that has seen a lot of demand from technology and finance companies.

The portfolio totals 2,800 market-rate units. More than 1,800 of the units are slated to become rent-regulated in the long-term.

Peter Rader assumes V.P. and regional education practice lead role for JLL's Project and Development Services group in the tristate region.

B6 Real Estate has agents in 21 territories throughout the New York tristate area and half are unfulfilled with capital advisory agents.

Returns have also moderated from an average of 8.8% in 2018, down 30 bps from 9.1% in 2017, according to Hodes Weill & Associates and Cornell University's annual Institutional Real Estate Allocations Monitor.

The added expertise will go to strategizing opportunities and expanding customer focus in loan sales advisory.

The combined company will create Watermark Lodging Trust, which will have 33 lodging assets.

Co-founder and former CEO Adam Neumann steps down from WeWork board in new management deal.