Jared Kushner is turning a Williamsburg rental building, formerly a Wild Turkey distributor, into a $414 million condominium complex, reports The Real Deal. The U.S. mortgage delinquency rate has fallen to the lowest in almost eight years, according to Bloomberg. Saks Fifth Avenue Off 5th is preparing to enter the Canadian marketplace next year, and has announced its first three store locations there, reveals Chain Store Age. These are among today's must reads from around the commercial real estate industry.
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