WASHINGTON, DC-The unemployment rate dropped to 7.2%, but it is not likely that the Fed will be begin tapering.
IRVINE, CA-Knowing the energy consumption of a building and what specifically is using up that energy is important in order to reduce usage, said speakers at the Solar Decathlon and XPO in this UPDATE to an earlier story.
CHICAGO—The organization will have its Fall conference in Chicago this week and hopes to get attendees to use mobile apps and online communities.
WASHINGTON, DC-The council’s latest quarterly survey of apartment market conditions showed all four indexes were below the break-even line for the first time in four years.
MIAMI—Multifamily adaptive reuse projects come with risks and rewards. Columbia Residential's Jim Grauley shared both sides of the story with GlobeSt.com's Jennifer LeClaire in this exclusive interview.
HOUSTON, TX-Long term lease backs will give AT&T use of the tower capacities for a minimum of 10 years.
SEATTLE-Input from a variety of sources has helped Vulcan achieve its award-winning success with South Lake Union, the firm’s Rob Arron tells GlobeSt.com’s Carrie Rossenfeld.
IRVINE, CA-Monitoring and measuring your building is one of the secrets to keeping energy costs down, said panelists at a recent Bank of America sustainability panel here.
WEST WINDSOR, NJ-A Princeton based powerhouse electric company is acquiring a bankrupt California coal and wind producer and in the process will become one of the country's largest renewable energy providers.
WASHINGTON, DC-MCR Development LLC, a New York City-based company acquired 26 Marriott and Hilton hotels from Western International for $430 million.
NEW YORK CITY-Warehouse vacancy has been slipping for some time, while leasing and construction are on a steady rise, says a new report.
BUFFALO, NY-Healthcare is one of the major drivers of this city's revival, with Buffalo Niagara Medical Campus projects leading the way.
WASHINGTON, DC-The GSE added a seven-year group in response to investor demand this time, Josh Seiff tells GlobeSt.com's Erika Morphy.
NEW YORK CITY-The shopping center operator’s debut as a publicly traded REIT could be the largest in the retail sector since Simon Property Group’s $840-million IPO in 1993.
NEWPORT BEACH, CA-Gregg Applefield has relocated here from Mission Capital’s New York City office and tells Carrie Rossenfeld the firm will capitalize on its ability to bring capital to all parts of the country.
CHICAGO—For the first time in seven years, more than half of US cities with high concentrations of top law firms can be considered landlord-friendly markets.
WASHINGTON, DC-While investors have some exposure to risk, there is also upside for them, Fannie Mae's Laurel Davis tells GlobeSt.com's Erika Morphy.
LOS ANGELES-According to research from JLL, the resort sector is experiencing its best year since 2007 with $2.5 billion in transactions.
CHICAGO—In this UPDATE to last week's story, Greystone's Neal Raburn bolsters the general feeling at last week's NIC conference in Chicago that the outlook for senior housing remains solid.
WASHINGTON, DC-The GSE launched the series with a $675 million offering that will settle on Oct. 24.
WASHINGTON, DC-Like it was in 2011, the ratings agency is displeased with how Washington is handling the nation's fiscal affairs.
NEW YORK CITY-The ratings agency is giving the net lease REIT a stable rating as it prepares for a pair of mergers that will take its enterprise value to $10 billion.
SAN DIEGO-The industrial sector is bullish on big boxes, and speculative demand is ramping up, but there is little danger of overbuilding, say experts at NAIOP’s Development ’13 in these EXCLUSIVE videos from JLL.
IRVINE, CA-Oregon, Nevada and California rank among RealtyTrac’s states with the top-10 highest REO increases during third quarter, the firm reports in this UPDATE to an earlier story.
WASHINGTON, DC-In the absence of official government statistics, companies are relying more heavily on private sector stats generated by associations and, now, companies like the Carlyle Group.
McLEAN, VA-These are seasoned assets from the GSE's pre-conservatorship days, Freddie Mac's Mike Lipson tells GlobeSt.com's Erika Morphy. "Securitization is still our main vehicle."
CHICAGO, IL-The new offering will help building owners, contractors and engineers secure financing for their energy savings project.
IRVINE, CA-September US home-foreclosure activity is down 27% from a year ago, bringing starts to a seven-year low, RealtyTrac reports.
MELVILLE, NY-The firm is looking for the 2-year veteran to bring in non-retail tenants looking to occupy space in shopping centers or other unconventional locations.
NEW YORK CITY-Having been beta tested on nine projects across the US, GroundBreaker is now available for public use, GlobeSt.com has learned exclusively.
LOS ALAMITOS, CA-The need for medical office space prompts Pacific Medical Buildings in San Diego to move forward on its 70,000-square-foot MOB at Los Alamitos Medical Center in Orange County.
MINNETONKA, MN-Healthcare Real Estate Insights cites a report from Real Capital Analytics, indicating that foreign investment in healthcare real estate fell dramatically in 2012 and has continued into 2013.
NEWPORT BEACH, CA-Most markets across the country will feel the effects of tech firms’ demand for creative space, Gary Baragona, Jason Katz and Simon Dillon from CBRE tell GlobeSt.com in this UPDATE to an earlier story.
SAN DIEGO-They may not be exiting the business entirely, but increasingly more health systems are relying on brokerage firms to do their real estate legwork, according to speakers at NAIOP’s Development ’13.
CHICAGO—Attendees at this week's 23rd NIC National Conference in Chicago expect investors to maintain a healthy interest in senior housing, even with the recent boost in interest rates.
BETHESDA, MD-Additionally, Auction.com will be marketing more than $650 million of assets across a variety of property types on CW Capital’s behalf in early December.
DALLAS-The largest to date of Crow Holdings Capital Partners’ series of funds, Fund VI will be directed toward investments that could range from multifamily to convenience stores.
SAN DIEGO-The value of developing green buildings can engender tenant loyalty and have ROI that transcend reduced energy usage, say speakers at NAIOP’s Development ’13 conference.
CHICAGO—The new healthcare law will bring millions of new customers at the same time providers have to care for an aging population.
LOS ANGELES-The differences between fundamentals in a non-gateway market—Omaha, for instance—and a core CBD are surprisingly small, says a new white paper from CBRE.
WASHINGTON, DC-The third quarter was a dud, except for September, which did relatively well. What is going on?
SAN DIEGO-The efficiencies of having one large distribution center over several smaller warehouses are driving the demand for large industrial properties, say speakers at NAIOP’s Development ’13 conference here.
WASHINGTON, DC-The offering consists of 29,000 non-performing residential loans supported by some 16 million pages of loan documents, DebtX CEO Kingsley Greenland tells GlobeSt.com's Erika Morphy.
CHICAGO—In this UPDATE to Monday's story, J.D. Salazar explains that smaller real estate firms, such as his Champion Realty, may need to merge with larger ones to truly compete in a changing business landscape.
NEW YORK CITY-Washington wrangling and economic uncertainty may create some upheaval, but ultimately the city will flourish, said panelists at RealShare New York.
NEW PROVIDENCE, NJ-Word came from France that Alcatel-Lucent will cut 10,000 jobs around the globe, but no particulars were given on how the knife will fall in New Jersey.
CHICAGO—The Chicago-based Harrison Street Real Estate Capital has completed what they say is the largest self-storage portfolio transaction to date.
WASHINGTON, DC-Despite the uncertainty over whether politicians can work together on substantive matters, “there’s no question that the industry is coming back,” NAIOP’s president and CEO tells GlobeSt.com.
NEW YORK CITY-The combinations with ARCT IV and CapLease, both expected to close by year’s end, will give ARCP an enterprise value of $10.2 billion, says ARCP CEO Nicholas Schorsch.
WASHINGTON, DC-All bets are off if the US defaults on its debt, JLL's Joe Brennan tells GlobeSt.com's Erika Morphy. "A deficiency of funds argument could be used then."
NEW YORK CITY-“We have a philosophy that we’re building the first campus-centric brand in the country,” CEO Andrew Stark tells GlobeSt.com.
WARREN, NJ-The building Verizon Wireless has leased through 2020 was sold to a California-based company for $40 million, GlobeSt.com has exclusively learned.
WASHINGTON, DC-A lack of clarity on budget policy and tax reform “will hold us back from our true potential to really drive greater job creation and economic growth,” says NAIOP’s Bisacquino.
LAS VEGAS-The Real Estate and Investment Securities Association releases to GlobeSt.com EXCLUSIVELY its list of board members for 2014 and the ACE Award winners at its 2013 Annual Conference and Trade Show here this week.
NEW YORK CITY-The venture will originate loans of $5 million to $15 million against all commercial property types in markets across the US.
WASHINGTON, DC-It's 8:30 am on the first Friday of the month. Do you know where your unemployment statistics are?
BEACHWOOD, OH—The shopping center giant acquired the properties, which total about 11.8-million-square-feet, from Blackstone, its joint venture partner.
CHICAGO—The fund will secure a diverse set of investment properties in 12 cities across the US.
LONG BEACH, CA-Following the termination of chairman, president and CEO James A. Flaherty III, the healthcare REIT’s board has separated the chairman and CEO roles.
SEATTLE-Touchstone’s A-P Hurd tells GlobeSt.com that emerging office trends include reduced energy usage and the challenge of growth in congested urban environments in this preview to NAIOP’s Development ’13 conference in San Diego next week.
CHICAGO—Beginning in December, JLL will join with the firm Williams & Williams and hold a series of global real estate auctions.
SAN FRANCISCO-Digital Realty seeded the JV with nine Powered Base Building data centers totaling 1.06 million square feet and valued at approximately $366.4 million.
NEW YORK CITY-The deal to acquire Investors Capital Holdings follows on RCAP’s announcement that it would buy Hatteras Funds Group, adding ICH’s liquid alternative investment funds to its platform.
IRVINE, CA-The firm closes on 24 commercial assets in 14 states between September 6-20. The highlights included retail and office properties in Louisiana, South Carolina and California.
CHICAGO—The recent increase in interest rates pushed up cap rates for retail and office, but industrial remained unchanged.
DALLAS-The research firm predicts that new multifamily construction will slow “until investors and developers see new supply absorbed and market conditions recalibrated.”
NEW YORK CITY-In a real estate report released today, real estate research firm Reis states that New York City is the only market of 79 nationwide to have average apartment rates top $3,000 a month.
NEW YORK CITY-The collateral for the portfolio, sold by Georgia-based United Community Banks Inc., spans multiple property types across the Southeast and Wyoming.
TAMPA, FL—The Biggert-Waters Act, a flood insurance reform, is now a reality for commercial real estate owners. The big question is: How are the rate increases expected to affect commercial real estate investment?
IRVINE, CA-The percentage rises from 39% in July and 30% in August 2012, reports RealtyTrac in this UPDATE to an earlier story.
WASHINGTON, DC-Banks, GSEs and life companies are leading the charge in demand for these assets, the Mortgage Bankers Association reports.
CALABASAS, CA-To help offset rising cap rates, investors in search of yield are becoming “more open to some of the opportunities in the smaller markets,” Marcus & Millichap Capital Corp.’s William Hughes tells GlobeSt.com’s Paul Bubny.
TAMPA, FL—GlobeSt.com caught up with, Darron Kattan and Matthew Harrell from Franklin Street to get the skinny on how flood insurance reform that goes into effect on Tuesday will impact your costs.
NEW YORK CITY-As part of an announcement by the city of this new offering—being spearheaded by Jared Kushner—the mayor’s office also revealed the creation of new free WiFi spots in all five boroughs.
CHARLESTON, SC-The Silicon Valley deal continues in a line of joint investments that Greystar has made with Ivanhoé Cambridge and Goldman Sachs, including a $1.5-billion portfolio buy from Equity Residential this past January.
HAMILTON, BERMUDA-If the $5-billion transaction goes through, it will create one of the world’s largest CRE companies, with a global portfolio of more than 330 million square feet.
NEW YORK CITY-Many REIT teams here and overseas see “challenges ahead in identifying suitable targets,” says Howard Roth, EY’s global real estate leader.
NEW YORK CITY-CapLease CEO Paul McDowell will head up the office and industrial group at ARC Advisory Group when the $2.2-billion merger is completed by year’s end.
SAN FRANCISCO-The firm’s “Tech-Twenty” report identifies 11 submarkets nationwide where office rents grew 10% or better during a two-year period, not all of them in the Bay Area
MIAMI—Kevin Davis, Chief Investment Officer for Taconic, talks to GlobeSt.com's Jennifer LeClaire about adaptive reuse projects and the opportunities they are creating for developers.
IRVINE, CA-The Case-Shiller 20-city composite index shows a greater seasonally adjusted home-price increase in July than the FHFA HPI for that month, reports Auction.com.
IRVINE, CA-Four KTGY Group multifamily developments win Project of the Year awards at the Multifamily Executive Conference in Las Vegas. Attractive amenities abound among the winners.
JUPITER, FL-In this final piece of a four-part interview series, Rendina Cos. chairman and CEO discusses personal issues, including the death of his father (the company's founder) and his own bout with cancer.
MINNETONKA, MN-Though Griffin-American Healthcare REIT acquired an 11-building portfolio as part of a $123-million deal, lack of supply slowed sales overall.
NEWPORT BEACH, CA-Like retail stores, higher-end restaurants that provide an extraordinary experience for consumers are finding their way into Southern California malls, Jackie Levy of Caruso Affiliated tells GlobeSt.com in this EXCLUSIVE interview.
WASHINGTON, DC-The asset manager turned heads with the announcement it had acquired a real estate equity firm on Wednesday.
GREAT NECK, NY-The company purchased an industrial facility, a distribution center and two restaurants all around the country
WASHINGTON, DC—The Carlyle Group is expanding into the fund-of-funds business with its acquisition of Metropolitan Real Estate Equity Management LLC.
IRVINE, CA-The firm facilitates the closing of 20 commercial assets in 11 states during the week ending September 6. Properties include office, retail and industrial assets.
HOUSTON-At Transwestern's Sept. 24. Twitter conference, Chip Clarke, president, Americas, noted that geographic areas producing jobs will experience a great deal of CRE activity.
NEW YORK CITY-Speakers at a private equity conference see opportunities in the market both for success and for failure.
NEW YORK CITY-Blackstone and a handful of other large players get the lion’s share of investor capital, but fundraising on the whole is up substantially over last year, Preqin says.
NEW YORK CITY-Yet a slowdown in mortgage applications coupled with rising interest rates portends a slowdown in the increases, says S&P Dow Jones’ David M. Blitzer.
IRVINE, CA-Census Bureau data for August suggests that single-family housing starts are on the rise, while multifamily starts are slowing down, the firm reports.
WASHINGTON, DC-The GSE must align borrowers' and lenders' needs with investor appetites, Fannie Mae's Josh Seiff tells GlobeSt.com. Today that means accommodating rising interest rates.
KANSAS CITY/MINNEAPOLIS—The two firms, based in Kansas City and Minneapolis have significant real estate practices and will be one of the largest firms in the US.
DECATUR, IL—The agribusiness giant says they want to establish a new global headquarters, and Chicago may be their destination.
CALABASAS, CA—Investment advisory firm Marcus & Millichap Inc. has filed for an initial public offering with the US Securities and Exchange Commission, GlobeSt.com has EXCLUSIVELY found out.
NEWTON, MA-Changes to the management fee plan for RMR, which is controlled by the father-and-son team of Barry and Adam Portnoy, are coming as a result of recent conversations with shareholders in CWH and its four subsidiary REITs.
OAK BROOK, IL—Inland American Lodging now has three Andaz hotels, part of the Hyatt Corp., in a portfolio that has a total of 93.
WASHINGTON, DC-The GSEs keep cranking out their securities even as Congress eyes their dismantlement and the FHFA steps up oversight.
PHOENIX-Breaking down some of the talk that transpired during the Lodging Conference, hotel owners and lenders discussed a wide range of industry issues at the final session.
SAN JOSE, CA-Rising inventory, slow-and-steady price increases signal healthier outlook in most markets, according to locally based Realtor.com
JUPITER, FL-In this continuing Q&A, Richard Rendina with Rendina Cos. discusses his company's strategy as well as overall thoughts about the healthcare real estate sector.
PHOENIX-Views on the market’s inevitable turnaround were mixed Thursday at the Lodging Conference, but that didn’t stop both the optimists and the naysayers from sharing their points of view.
SAN DIEGO-The days of department-store-anchored large malls are gone, but options like outlet centers will replace them, say panelists at ICSC Western Division.
NEW YORK CITY-The Staten Island Congressman, who will serve as keynote speaker at RealShare New York next month, has introduced legislation extending the federal Terrorism Insurance Program for five years.
NEW YORK CITY—Ackman-Ziff president Simon Ziff shares some of the finer points behind the art of mortgage brokerage today.
PHOENIX-Some speakers at an annual industry conference say the roll hotels are on will soon end while others question that mindset ; but all stress relationship building as the order of the day.
WASHINGTON, DC-Digesting the latest reports from the Commerce Department and from the NAHB, economists are taking a wait-and-see attitude toward the near term.
HARRISBURG, PA-Investors based in New York and New Jersey contended for the opportunity to buy a new garden apartment complex in Harrisburg, where institutional buyers had previously been "skeptical," Marcus & Millichap tells GlobeSt.com
DENVER-In an UPDATE to an earlier EXCLUSIVE article, GlobeSt.com chats with HREC’s Geoff Davis about increasing the profile of the firm’s debt group.
CHICAGO—The leaders of the new firm hail most recently from Marcus & Millichap and believe investors and operators should view seniors housing and medical office buildings as siblings.
WICHITA, KS—Value Place, the Kansas-based provider of affordable, extended-stay hotel suites says both bank financing and equity have become available again, and will spark a national construction boom.
SAN DIEGO-In part two in our ICSC’s Western Division conference preview stories, we asked 10 heavy hitters how the retail market will fair for the remainder of the year. Their comments may surprise you.
IRVINE, CA-Many of the women under 40 that Real Estate Forum recently lauded for making an impact on commercial real estate hail from Orange County and Los Angeles. Here are a few of them.
LOS ANGELES-An investment concept that has become popular in many industries, crowdfunding for real estate investing raises more questions than answers, Jeffer Mangels attorney Seth Weissman tells GlobeSt.com.
SYDNEY, AUSTRALIA-GlobeSt.com learns EXCLUSIVELY that Tod Lickerman has been appointed DTZ Global’s CEO, effective October 14; the move is part of a key strategic change for the firm.
NEW YORK CITY-Although showing no signs that retirement is on the horizon, real estate developer Donald Trump says the business succession plan has all his three children running his various holdings once he retires.
SAN DIEGO-Going to ICSC Western States? What are your expectations and what are you hoping to accomplish? GlobeSt.com caught up on the subject with 12 heavy hitters in this EXCLUSIVE Q&A.
LOS ANGELES-The sale of four Midwestern properties and three on the West Coast marks Westfield’s second billion-collar sale to Starwood Capital in the past 18 months.
IRVINE, CA-Economic growth in the first half of the year and second-quarter real GDP growth beating expectations provide some promising fundamentals, reports Auction.com.
IRVINE, CA-New legislation that took effect in June and more taking effect in October is the likely cause for the state’s spiking foreclosure rate, experts report in an UPDATE to this morning’s story.
DENVER-GlobeSt.com EXCLUSIVELY learned that the Denver-based firm expands its mortgage brokerage platform, forming a capital markets group within its hotel brokerage platform.
JUPITER, FL-In this first of a four-part Q&A, Rendina Cos. chairman and CEO Richard M. Rendina talks with HREIT's Murray Wolff about the future of the company.
CHICAGO—The company says the push for more efficient US workplaces will be partially offset by economic growth, and the Asia Pacific region will see much stronger rental growth.
MIAMI—SunTrust Banks EVP Walt Mercer tells GlobeSt.com's Jennifer LeClaire how he sees the multifamily market shifting and where adaptive reuse fits into the equation.
MCLEAN, VA-The offering on the iconic hotel company, which Blackstone took private in 2007, would be the largest to date in the hospitality sector.
NEW YORK CITY-The program gets championed, and explained, by experts during an industry luncheon.
SAN FRANCISCO-Thanks to technology as an economic driver, RealShare Bay Area’s town hall power panel view San Francisco as ‘the new,’ New York.
CLEVELAND-Locally based Forest City will remain as managing member of the eight individual JVs, handling leasing and operations at Victoria Gardens and seven other malls.
NEW YORK CITY-The private equity giant is refinancing all of Hilton’s debt in preparation for an IPO, and plans to issue $3.5 billion of securities as part of that initiative, the Wall Street Journal reported.
PHOENIX-Hendricks-Berkadia is marketing the 31 multifamily properties on behalf of a court-appointed receiver following an SEC action against the ownership, GlobeSt.com has learned exclusively.
CHICAGO—In this UPDATE to this yesterday’s story, Leo O’Loughlin from JLL explains how cloud computing has transformed the ability of landlords and tenants to practice sustainability.
LOS ANGELES-The 140 properties, mainly industrial, traded for a bargain-basement $20 per square foot at auction, according to the Wall Street Journal; Hackman Capital plans to liquidate all of them.
LAS VEGAS–Former city hall building converted into a progressive, flexible office space for online clothing retailer.
IRVINE, CA-The national investor in real estate and community-development initiatives has closed its 2013 fiscal year with a total of six low-income housing tax-credit funds that raised an aggregate $348 million in equity.
CHICAGO—At a green building conference in Chicago, Proctor & Gamble outlines how smart technology from JLL paid for itself in months.
SEATTLE-Redfin says prospective home buyers blame rising rates for making homes less affordable as well as for influencing them to change the pace of their search.
WASHINGTON, DC-The latest job numbers, although lackluster, do not give the Federal Reserve much reason to hold off dismantling its quantitative easing program. Or, for that matter, to continue.
HOUSTON-Local Transwestern solidifies its presence in the northeast by bringing the major Boston-based commercial real estate firm aboard. Larry Heard of Transwestern shares the details with GlobeSt.com's Amy Wolff Sorter.
NEW YORK CITY-Healthcare real estate lends itself to a triple-net structure, but, as Iridium’s Marilyn Kane tells GlobeSt.com’s Paul Bubny, it pays to read the fine print in offering plans.
BOSTON-American Tower’s acquisition of MIP Tower Holdings will add more than 15,000 communications sites under ownership or management to the company’s global portfolio.
CHARLOTTE-Benjamin Bivens and Bill Transou form a joint venture with the sole purpose of buying income-producing healthcare real estate in the southeast.
IRVINE, CA-As equity grows in this recovering housing market, more homeowners will be able to sell their homes and rebuy, say experts in this UPDATE to an earlier story.
IRVINE, CA-“We remain cautious about the housing recovery” in the face of a sharp year-over-year drop in household formation, writes Peter Muoio of Auction.com Research.
NEW YORK CITY-Private equity firm Blackstone Group, LP announced today that former AvalonBay Communities Inc, Chairman Bryce Blair has joined its real estate portfolio company Invitation Homes’ board of directors.
ORLANDO—Parkway is keeping some assets and trading off others to Brandywine Realty Trust. Get all the details and sound off on the deal.
IRVINE, CA-Willing to operate on thinner margins, institutional investors are winning single-family properties but may overestimate their true value, RealtyTrac’s Daren Blomquist tells GlobeSt.com in this UPDATE to an earlier story.
CHICAGO—The Mansour Group has sold a net-leased Chipotle even before it’s finished and say the market for net-lease properties is as brisk as they’ve ever seen it.
WASHINGTON, DC-Net lending for construction projects increased slightly for the first time since Q1 2008, according to Chandan Economics.
SAN JOSE-While Silicon Valley scores highest nationally, other tech markets across the US offer opportunities for development and redevelopment in both CBDs and submarkets, says a new report.
IRVINE, CA-Managing single-family rentals is much more granular than operating multifamily properties, which is where local property managers and agents can create a niche, experts tell GlobeSt.com.
NEW YORK CITY-Cushman & Wakefield is honoring its co-chairman John C. Cushman III on his numerous accomplishments during his 50 years with the company.
CHICAGO—Following the closing, Alliant Capital LLC will change its name to ACRE Capital LLC, and continue to be led by Ed Hurley.
CLEVELAND—This $59.5 million national acquisition comes on the heels of the investment offering’s string of healthcare real estate purchases in Tennessee and Indiana.
CHARLESTON, SC-The sale of the properties, located primarily in the Southwest, marks Inland American REIT’s exit from the multifamily business.
SAN FRANCISCO-Ron Turner joins to lead new due-diligence unit, coming from Outlier Financial.
RYE, NY-The acquisition of the candle maker, which sells through both wholesale channels and its own base of retail stores, could boost branded consumables to 35% of new owner Jarden’s sales.
IRVINE, CA-California and Nevada see fewer annual home sales from a year ago, but post the largest median home-price gains in July, according to RealtyTrac in this UPDATE to an earlier story.
CHICAGO—The ratings agency says that even though this year's recovery will be modest, nonresidential construction will increase by 5% in 2014.
CHICAGO— JLL says that, as in 2012, investors have continued buying medical-office buildings at a record-setting pace during the first half of 2013.
CHICAGO-In buying its most recent healthcare real estate portfolio, the local REIT boosts its ownership of Chicago-area properties to just over one million square feet.
ATLANTA-A three-building, 185,000-square-foot healthcare real estate portfolio – once a value-add project – is being marketed by Avison Young in an improving market.
IRVINE, CA-The rate of recovery, while extending to all markets, differs dramatically depending on which markets you look at, Auction.com’s Rick Sharga tells Carrie Rossenfeld.
WASHINGTON, DC-The much-hated Premium Capture Cash Reserve Account proposal has been eliminated from the re-proposal.
URBANA, OH—The Germany-based Rittal Corp. has decided to move its US headquarters from Ohio to the Chicago suburbs.
YONKERS, NY-Advising both the buyer and seller on the deal, the multifamily broker arranged a bulk sale at a condominium complex.
