It has been a conundrum in the office market throughout the last few years: the job market has been fairly steady, especially for office-using industries. So why has office occupancy growth been so sluggish? Is it because employers are squeezing new staff into smaller spaces, especially Millennials who are more tolerant of this? Or is…

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Ending 2015 with the strongest quarter for multifamily investment sales on record, investors poured $150.6 billion into apartment properties in 2015, shattering the total set the previous year by about 16%, according to preliminary apartment sales data for the year compiled by CoStar. The $47.3 billion in apartment sales for the fourth quarter of 2015…

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The most wonderful time of the year wasn’t all that wonderful for Macy’s Inc. The department store chain saw its same-store sales fall 4.7 percent in November and December. Shortly after announcing its disappointing holiday results, Macy’s issued an announcement outlining its strategic plans to cut costs and possibly monetize its real estate. The retailer…

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Congress extended the U.S. Immigrant Investor Program known as EB-5 through Sept. 30, 2016 as part of the year-end omnibus federal spending and tax bill, effectively punting on bipartisan proposals to reform the popular but controversial program used to finance the massive Hudson Yards redevelopment project in New York City, among other large commercial developments….

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