News From Our Network
INNOVATION In partnership with Baltimore City Community College, the city launched its Industrial Maintenance Mechanic Apprenticeship program, geared towards helping local residents gain employment in the energy sector through by providing mechanical skills training...read more
COMMERCIAL REAL ESTATE Simmons Foundation has entered into an agreement to purchase the office section of the 150,000-square-foot property at 160 Fifth Ave. from RFR Holdings for $185 million. RFR bought the building for $34 million in 2005 and will maintain control...read more
COMMERCIAL REAL ESTATE Goldman Sachs Asset Management Private Real Estate has purchased Chestnut Hill Village and Blosson Row from AIMCO for $170 million. The 45-acre, two-property portfolio includes a total of 821 apartments and are 96 percent occupied. Read more at...read more
COMMERCIAL REAL ESTATE New York-based Joss Realty Partners has purchased The Offices at Waterfront Center in Old Town Alexandria from Bethesda-based Finmarc Management for $29.6 million. The 90,000-square-foot property includes 50,000 square feet of office space and a...read more
INFRASTRUCTURE For the first time in over a decade, the Port of Houston saw more imports than exports with a 21.6 percent in crease in inbound containers last year, according to Colliers 2018 Industrial Seaport Outlook. The activity is driving industrial demand in the...read more
HEALTHCARE Marlborough-based Boston Scientific Corp. has entered into an agreement to buy California-based Veniti Inc. for $160 million. The medical-device startup has created and commercialized a device that treats abnormal, blocked or damaged veins. Read more at the...read more
By Julia Brufke Wenger CFP & CFC There are many oxymorons. Some that come to mind are virtual reality, living dead, short wait and now we can add a new one to the list- tax simplification! There is nothing simple about the new tax laws. These seismic tax changes...read more
TECHNOLOGY A Consumer Reports survey released this week found Google Fiber’s TV service to the best among the 25 providers evaluated. Only 38 percent of the 176,000 members surveyed were highly-satisfied with pay-TV services. Read more at The New York Post. ...read more
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