Northeast

In the past 10 years, FIRE's market share of occupancy in Lower Manhattan has fallen from 55% in 2008 to a little over 35% today, according to the third quarter Lower Manhattan Real Estate Report released today by the Alliance for Downtown New York.

Hotel room inventory in Lower Manhattan is expected to increase 27% in the next few years and if all projects in the pipeline move on to development, the hotel inventory in Lower Manhattan will reach 9,019 rooms in 45 hotels by 2020.

Generals are trained to anticipate unforeseen risk, build high-performance teams and make quick, strategic decisions when under pressure

The real estate investment and consulting firm received a $141M loan to develop 15 Laight St. into an office building.

The real estate veteran brings experience from prior positions at Murray Hill Properties, Colliers International and NAI Global.

At closing, the venture will acquire an initial portfolio of assets of approximately 6.9 million square feet of operating properties and 371 acres of land from Prologis' balance sheet with a commitment to build out the existing land bank.

Reportedly Northern Virginia, Dallas and New York City are on the company's short list.

"We realize that healthcare and technology are two high growth sectors of the economy."