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Top Story

Electra Puts Tel-Aviv Tower Back on Block

TEL-AVIV-The firm has hired New York City-based Carlton Group to sell the 43-story, fully-occupied office, after a $300 million sale to Azrieli Group broke down early this year.

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Middle East Headlines

Hard Rock, IPI Partner for Abu Dhabi Hotel

ABU DHABI, UAE-The Orlando-based restaurant and hotel company has agreed to build the hotel in conjunction with Aabar Properties, a subsidiary of International Petroleum.

Americas Rank as Best-Performing Investment Region

LOS ANGELES-CBRE’s Capital Value Index shows a 9.6% increase in year-over-year capital values for real estate in the Americas in first-quarter 2012.

Starwood Signs Four More Middle East Hotels

DUBAI-Three of the properties will be built here, and another in Erbil, Iraq, for a total of almost 2,000 rooms.

Spotlight On

Exclusive: Maplewood Senior Living Seeks to Expand in NY and Nationwide

Smith expects to develop new Inspīr developments in Midtown and on the Upper West Side. He notes that his firm will likely move forward on either one or both of those new developments within the next 18 to 24 months.

Why the Need for Senior Housing is Growing

SAN DIEGO—With 10,000 people turning 65 every day for the next 19 years, lack of inventory will be a problem if developers don’t jump on it, SLIG’s Weston Harmer tells GlobeSt.com as the firm prepares to open a San Diego office.

HTA Closes on Duke’s Healthcare Dev. Platform

SCOTTSDALE, AZ—Joining Healthcare Trust of America is Duke Realty veteran Keith Konkoli, who will oversee the newly renamed HTA – Development business.

Current Issue

Cover Story

Waiting for That Growth Spurt

Without a doubt the cycle in winding down. At the same time there is a high level of uncertainty about economic policy. This could mean one of two very disparate things: The cycle might wind down faster than people expect. Or, this uncertainty and change will usher in a new phase of growth.

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