Author: Paul Bubny
Executive Bio
Paul Bubny has been reporting on business since 1988 and commercial real estate since 2007. He is based at ALM Real Estate Media Group’s offices in New York City. Contact Paul Bubny.
Archive
NEW YORK CITY-The unpaid balance on year-to-date loan defaults through the third quarter already exceeds the 12-month total for 2009. FULL STORY
NEW YORK CITY-With a new legislature coming to Albany and the state ranked dead last for tax friendliness, REBNY’s Spinola tells GlobeSt.com what needs fixing. FULL STORY
Structured Sales: A Work in Progress
The JVs between the agency and private investors may prove to be just a stepping stone toward an even bigger pool of private-private transactions. FULL STORY
I’ve gotten both encouraging and disquieting news on the investment sales front lately. Our friends at Real Capital Analytics tell us volume in 2010 rose 140% to $41.6 billion from the low point of $17.3 billion a year earlier, with some key markets seeing volume rebounds of 300% or more. That may still be off substantially from the market’s peak, but it’s up even more dramatically from the trough. … FULL STORY
More Delinquencies, Better Pickings
As property values improve, kicking the can down the road isn’t the only option for lenders. FULL STORY
There’s been a lot of back-and-forth lately about the unemployment picture; the truth is probably somewhere in the middle. FULL STORY
NEW YORK CITY-Institutions are shying away from blind pools in making value-add plays, NewOak’s Eyzenberg tells GlobeSt.com’s Paul Bubny. FULL STORY
The Incredible Shrinking Government
Public-sector office occupancy is on the wane, even in top-tier New York City and Washington, DC. FULL STORY
$700M Club Deal Refis 601 Lexington
NEW YORK CITY-Three insurers reportedly have teamed up to co-originate a 10-year loan on the 1.6-million-square-foot Boston Properties tower. FULL STORY
Morgan Stanley Makes $200M Portfolio Buy
NEW YORK CITY-The acquisition with Kearny Real Estate comprises a mix of performing, sub-performing and non-performing loans on East and West Coast assets. FULL STORY
