News

For the first time since September, lumber prices are on the rise again, reaching $650 per thousand board this month.

The firm's HUD-specialized team has completed more than 169 deals this year, and is on track to have its strongest year yet.

PGIM Real Estate provided the 12-year, fixed-rate loan to CEDARst Cos. for its converted, 342-unit apartment complex, The Draper.

The North Woodbridge, VA mixed-use property, developed by the IDI Group Companies and Boosalis Properties, will comprise more than 900 apartment units and 160,000 square feet of retail.

Kupperman will oversee more than 2 million square feet of transit and tourist-based retail space in New York City and the Tri-State region.

In March, the REIT cut its high-level salaries between 25% and 100%.

The LPC Logistics Venture One industrial-to-core fund has commitments from global institutional investors.

Aztec Group and 3650 REIT have provided the construction financing for the luxury mixed-use property.