Montgomery County, MCB Real Estate partner on first ever TIF to support $2.8b investment in East County

by Andrea Zander

Montgomery County, Md., has announced the first ever tax increment financing (TIF) proposal to support the $2.8 billion Viva White Oak project, a transformative mixed-use development that will bring thousands of jobs, housing units and new infrastructure to East County.

Number of markets where renters need to earn $100K to afford rent has doubled since 2020

by Released

The rising costs of living have affected affordability for renters across the country. Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago. In eight major metro areas, renters now need to make six figures to comfortably afford rent, a new Zillow analysis reveals.

Indiana Retirement commits to Carlyle real estate fund and receives redemption from Blackstone

by Elise Mackanych

The Indiana Public Retirement System (INPRS) has committed $232 million to two real estate funds, according to meeting materials from early May. 

Bain Capital, Oliver Street Capital pays $208m for New Jersey industrial portfolio

by Released

Bain Capital and Oliver Street Capital (OSC) have acquired an industrial portfolio primarily located in the northern New Jersey market for $208 million.