NEW YORK CITY-A pair of analysts give positive but-not-quite rosy forecasts for 2013.
NEW YORK CITY-Annaly CEO Denahan says the acquisition marks “a significant step” in her firm’s commitment to investing directly in commercial real estate assets.
In 2012, RealShare APARTMENTS EAST drew more than 400 high-level attendees for networking and three dozen industry experts speaking on an informative agenda. The event returns for its second year on February 26th at the Hyatt Regency in Miami, where we'll once again deliver the biggest multifamily crowd on the east coast and the timeliest market information on investment, finance, development, property management and more across the multifamily sector.
MIAMI-Margaret Nee, 2013 CREW-Miami president shared her insights with GlobeSt.com on where the Florida market is headed this year. She also alluded to CREW-Miami’s growth and her enthusiasm for her new role.
With expectations of an upswing in the sector, the firm is embarking on an ambitious expansion strategy that will boost its portfolio of guest rooms by 20% over the next 18 months.
NEW YORK CITY-Nineteen of the cities in the Case-Shiller 20-City Composite showed year-over-year gains in housing prices. The sole holdout: New York City.
IRVINE, CA-National foreclosure filings decrease year over year, although foreclosure activity increases in 25 states, says RealtyTrac.
The firm is embarking on an ambitious expansion strategy to open five new hotels over the next 18 months, boosting its portfolio of guest rooms by 20%.
SAN FRANCISCO-The former managing director of Clarion Partners will play a lead role in Bentall Kennedy’s investor relations and product development functions, especially in the US.
WASHINGTON, DC-The results among insurance companies, which have a combined exposure of $135 billion, speak to both prudent management and improving fundamentals, say CREFC and Trepp.
WASHINGTON, DC—Already exhibiting signs of recovery, the US industrial market could see as much as 150 million square feet of absorption this year. What’s more, next year’s take-up could hit 175 million square feet.
LOS ANGELES-The future of the hotel investment market around the world was the topic of debate at Jones Lang LaSalle’s forecast presentation at the ALIS conference.
WASHINGTON, DC—Already exhibiting signs of recovery, the US industrial market could see as much as 150 million square feet of absorption this year. What’s more, next year’s take-up could hit 175 million square feet.
WICHITA - Value Place, an economy extended-stay lodging chain, secures a $100 million private equity investment from Lindsay Goldberg, which will let it expand its franchises, with the company focusing on Chicago next.
LOS ANGELES-The future of the hotel investment market around the world was the topic of debate at Jones Lang LaSalle’s forecast presentation at the ALIS conference.
GREENWICH, CT-Starwood Property Trust's pending acquisition means control of a special servicing business representing an unpaid balance of $131 billion.
OKLAHOMA CITY-First Financial Network, Inc., announced today the offering of $85 million in loans on behalf of FDIC.
OKLAHOMA CITY—First Financial Network, Inc., announced today the offering of $85 million in loans on behalf of FDIC.
NEW YORK CITY-Ernst & Young just released its Global Hospitality report – we want to hear what your firm’s data indicates for the coming year.
IRVINE, CA-The labor market from February 2010 through November 2012 was even stronger than average job growth numbers, says CoreLogic in an update to this morning’s story.
LOS ANGELES-Owners and operators of lodging facilities aren’t keeping pace with advancements in technology, experts here at ALIS say.
GREENWICH, CT-Sternlicht says the deal adds scale to Starwood Property Trusts’s operating platform and “dramatically expands our proprietary origination capabilities.”
IRVINE, CA-The CoreLogic Home Price Index increases 7.5% in 2012, and the analytics firm projects prices to rise 6% this year.
WASHINGTON, DC-The nation’s capital leads the nation in number of LEED certifications, according to data from the USGBC.
LOS ANGELES-Details are sketchy, but GlobeSt.com has learned that a new facilities services deal puts almost 7 million square feet of space into CBRE’s management portfolio.
LOS ANGELES-A staggering 98% of owners and other experts in the industry expect both occupancy and rental rates to climb this year, an expert says at the opening of the Americas Lodging and Investment Summit.
CHICAGO - HSBC chooses Jones Lang LaSalle to provide real estate facility management services in the largest facility management contract awarded to a single provider on a global basis by a financial services firm.
NEW YORK CITY-The Marcus & Millichap apartment veteran will lead the New York team for the company’s Institutional Property Advisors division.
NEW YORK CITY-The Marcus & Millichap apartment veteran will lead the New York team for the company’s Institutional Property Advisors division.
Columnist Ben Johnson has some sound advice for institutional players as we swing into a continuation of 2012.
ST. LOUIS – Cassidy Turley is chosen by Westcore Properties to provide management services for its industrial, office and retail properties in CA, IN, and MO.
MIAMI—Lee & Associates CEO Ed Indvik tells GlobeSt.com's Jennifer LeClaire why he's convinced the company's new Appraisal and Valuation line will grow--and what the firm is planning next.
ATLANTA-Lee CEO Ed Indvik tells GlobeSt.com's Jennifer LeClaire the focus of the company's new service line and what sets it apart from the competition.
NEW YORK CITY-Keep that database fresh and accurate. that's the best advice Joanne LeBlanc can offer. And oh yes, wear a great pair of shoes.
NEW YORK CITY-Part 2 of this two-part feature explores what's ahead for specialty REITs and what the offer investors.
NORTHBROOK, IL - Hilco's new property tax division will offer a full suite of tax solutions and will operate in all 50 states.
NEW YORK CITY-CBS turning billboards into trusts is only the most recent example. And there’s more coming. (Part 1. Come back this afternoon to find out why investors are hot for the sector.)
NEW YORK CITY-CEO Leslie Moonves and other executives have hinted in recent months that they don’t see billboards and other outdoor media as a core component of the business.
NEW YORK CITY-No matter how you approach it, the coming year will be a study in slow growth.
NEW YORK CITY-Updating this morning's story about new REIT indices, NAREIT's Michael Grupe responds to our question about the increasing inventory of market indicators.
NEW YORK CITY-S&P Dow Jones has introduced its Equal Weight Index, measuring the performance of publicly traded REITs and REIT-like securities. Is the market becoming over-indexed?
NEW YORK CITY-Starbucks CEO Schultz joined his counterparts at the Container Store and Whole Foods in calling for retailers to engage with politics, their communities and their employees.
NEW YORK CITY-Things must be getting better. More than 900 executives across the country are reporting that, having taken on more work in 2012, they’re finally expecting fatter paychecks in 2013.
NEW YORK CITY-The company’s fourth quarter briefing showed a wide range of results in 2012, and cited reasons to expect more of the same this year.
LOS ANGELES-According to Axiometric’s jobs report, the region fell in the middle of the top ten list for markets issuing apartment permits during the 12 months ending November 2012.
LOS ANGELES-Details are sketchy, but GlobeSt.com has learned that a new facilities services deal puts almost 7 million square feet of space into CBRE’s management portfolio.
IRVINE, CA-The number of completed foreclosures nationwide decreased 23% between November 2011 and November 2012, says CoreLogic.
NEW YORK CITY-Continuing uncertainty about Congress’ ability to resolve the debt ceiling issue will put a drag on corporate tenants’ expansion plans for the first half of the year, C&W experts said in a webinar Friday.
HOUSTON-A Latin America expansion and the promotion of Chip Clarke to president, Americas lead the changes.
LONG BEACH, CA-It will relieve congestion on the road network that directly serves one of the nation’s busiest ports, and will “bring lasting, positive economic impacts across many sectors,” says the mayor.
EXCLUSIVE NEW YORK CITY-What is the investor’s property of choice? Yeah, yeah. But industrial is most likely to upend multifamily’s market dominance.
AVON, CT-The company plans to renovate its latest acquisition as it strives to grow its multifamily portfolio.
NEW YORK CITY-A Cerberus-led investment group will taking on the chains, which includes Albertsons, Acme and Sav-on brands.
NEW YORK CITY-Capital will flow this year to the markets with the greatest diversity in terms of investor types, Sam Chandan said Wednesday at a market forecast breakfast.
NEW YORK CITY-Barring surprises, and there are always surprises, the worst is behind us, say the folks of Prudential.
CHICAGO - Federal bankruptcy court lets Hostess hire Hilco to help liquidate key real estate and industrial assets.
SAN FRANCISCO—The12-year veteran of the firm moves from the regional to national stage as he takes the president’s chair.
NEW YORK CITY-Healthcare REIT, Ventas and HCP all figure in the Top Five Capital raisers for 2012.
NEW YORK CITY-The amended agreement represents Realty Income’s best and final offer for ARCT; a vote is scheduled for Jan. 16.
UPDATE WASHINGTON, DC-AFIRE’s annual ranking of global investment targets ranks four US cities in Top Five.
WASHINGTON, DC-There are two "firsts" in this year's survey. It is the first time four US cities made the top five list of global investment destinations. And it is the first time Washington DC wasn't in one of the top two slots.
NORTHBROOK, IL - The Boulder Group's Q4 research finds U.S. net lease property cap rates dropped 25 basis points in the retail sector; supply decreased 14.4% in all property sectors; while net lease transaction volume is expected to increase between 5% and 14% in 2013.
SIOR has experienced significant growth in the past five years, and it’s nowhere near slowing down
The unemployment figure has changed little over the course of 2012, but certain sectors managed to see gains
NEW YORK CITY-To be known as RREEF Property Trust, the perpetual-life, non-exchange traded REIT plans to acquire a diversified portfolio of income-producing properties.
NEW YORK CITY-BOMA is just one of the associations celebrating the reprieve of the Tax-Extenders Package.
LOS ANGELES-Companies that sell inexpensive goods will keep expanding this year, but growth may later slow as retail rents rise.
GREENWICH, CT—Wells Office REIT sells some 1.9 million square feet of assets around the country to the investment firm.
NEW YORK CITY-Some 34 assets have been funded in these separate deals.
WASHINGTON, DC—No surprise there really. Neither are the rounds of Congressional infighting to come.
SEATTLE-The terminal will create 4,400 jobs at full capacity during the construction phase, and 1,250 permanent jobs and $140 million a year in economic benefits from operations.
BEACHWOOD, OH—This is the second C-Suite shift among REITs to hit the market in recent days.
WASHINGTON, DC-The deal will give Cassidy Turley greater exposure to the Florida market as well as other cities—and a significant push into the senior housing market, CEO Joe Stettinius tells GlobeSt.com's Erika Morphy.
WASHINGTON, DC—Blustering and blowing gave way to passage of the fiscal cliff package in the House in a 257-to-167 vote.
WASHINGTON, DC-By a vote of 89 to 8 the US Senate passed legislation saving the economy from the fiscal cliff. A House vote is expected Tuesday or Wednesday.
NEW YORK CITY--Commercial real estate still outperforms the stock market, and should into 2013 . . . if Federal ineptitude doesn't derail the whole economic shooting match.
