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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
"Equity levels piggybacked on some of the biggest home-price spikes we've seen in recent years."
It could be even worse if years before 2012 were included.
Tech investors drove down share prices because they don't like longer-term horizons on data centers.
You may find yourself having to change over the software you depend on.
The 234-room hotel comes with 25 suites.
The property spans more than 515,000 gross square feet.
Some support is coming from existing investor Mirasol Capital
Also buyers seem to be gearing up for more transactions.
Some subordinated debt and mezzanine lenders have sold off positions, reportedly taking at least a 50% haircut.
At the halfway point of the year, Cleveland, Cincinnati, Columbus and Chicago have all seen rent growth well ahead of the national average.