Southeast

New York is not alone. New Jersey and Connecticut are bleeding revenues as their well-to-do executives say adios.

The new program offers qualified borrowers non-recourse loans in the $2-million to $20-million range for acquisition or refinance transactions.

The expansion of the existing P3 between Howard University and Corvias increases the scope of the arrangement to 3,009 beds, $144 million in capital raised, a total of $1.7 billion in total economic impact and $39.5 million in debt defeasance.

Rents may increase when properties are “substantially improved” to meet OZ conditions in already rent burdened areas.

A recent vacancy of approximately 300,000 square feet in a Louisville facility brought down the cap rate a bit but Dream Industrial says that once it is leased up, it expects to cap rate to increase to 6.5%.

Brookfield Strategic Real Estate Partners III is the largest private fund for Brookfield to date.

Their new focus area, tenant experience management, focuses on the needs of clients, tenants and employees.

Experts talk about merging Artificial Intelligence, mobile apps and other technology in the corporate Workplace.