Recent revisions to the 2020 Census revealed that the population in the Northeast grew much more in the past decade than previous estimates had indicated.
Cottonwood’s long-standing, loyal investors not only supported the new fund, they requested this investment vehicle. Moreover, they’ve already committed $200 million to the fund, which has an overall target of more than $750 million.
Office vacancies have hit an all-time high in Manhattan, according to The New York Times. High-profile properties in Atlanta and Las Vegas changed hands. These are among today’s must reads from around the commercial real estate industry.