Thursday, July 11, 2013

North American Real Estate Continues to Rise




National





North American Real Estate Continues to Rise



CHICAGO—The fundamentals are improving in most regions, and the firm strongly recommends investing in large distribution centers in major US hubs.











Buyers Take Straight, Narrow Course



MIAMI—Buyer and sellers are coming closer to the same page after five years of low-yield alternatives. Will they meet in the middle this year?











Financial Guru Talks Opportunity



MIAMI—GlobeSt.com caught up with Randy Banchik, EVP of Los Angeles-based Westwood Financial Corp., to get his take on the challenges and opportunities in this exclusive interview.











Consider Us Professionals. Period.



NEW YORK CITY-From REBNY’S Deal of the Year award-winner comes a wealth of experience and the sentiment that male, female, young, old, all those in commercial real estate just want to be considered professionals.











Commercial Property Values Flatten



NEWPORT BEACH, CA-In an UPDATE to an earlier story, while property values have regained all ground lost during the financial crisis, they remained unchanged in June, according to Green Street Advisors.











Housing Leads Construction Demand



IRVINE, CA-As commercial construction flattens and institutional construction declines, housing is the one area where new development spending is rising, Auction.com’s Julie Zisfein tells GlobeSt.com.











McNally: Why I Am Resigning from the US Chamber of Commerce



WASHINGTON, DC-Mike McNally speaks about what he hopes to accomplish by resigning from the US Chamber of Commerce.











Tug-of-War Brews Over Green Standards in Federal Buildings



WASHINGTON, DC-In an UPDATE to Tuesday's story, Skanska's Mike McNally tells GlobeSt.com's Erika Morphy that his real beef is with the American High-Performance Building Coalition, which opposes the latest version of LEED.











IPA's Murdy: More Consolidations Coming



LOS ANGELES-Institutional Property Advisors national director Brian Murdy predicts more real estate entities will consolidate in the coming months.











Weak Labor Market Dampens Rent Growth



NEW YORK CITY-The latest data on apartment rents show that landlords hiked monthly rents an average of 0.7% in the second quarter, a notch above the 0.6% increase posted three months earlier.








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