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.
