Senior Housing

House Representatives Warn FASB About Lease Accounting

WASHINGTON, DC-Congress wants FASB to slow down and consider the potential fall out from the lease accounting convergence proposal.

DEAL-WRAP
Asset With Highest Rents In Town Sells For $22M

SACRAMENTO-L Street Lofts, a mixed-use, fractured condominium project, sells with just 10 units being leased for $2.50 per square foot, the highest rental rate in the midtown area.

LI Seniors Portfolio Sells in $318M Buyback

GARDEN CITY, NY-Engel Burman will continue managing the six properties it developed across Nassau County; a seventh community in East Northport will be part of its joint venture with Harrison Street. 

The Changing Nature of Office Demand

WASHINGTON, DC-Panelists at the upcoming RealShare Washington, DC will discuss what is driving development in the area, the changing nature of office supply and demand, and the outlook of investment sales here.

McShane Hired for Next Phase of $183M Wells Redo

CHICAGO-The former large housing project has finally been fully demolished, and this next building will include mixed-income housing and a medical office.

Reznick, Cohn Merger Positions New Firm as Big Four Alternative

BETHESDA, MD-The merger of the Reznick Group and J.H. Cohn will create an organization with a larger public presence, allowing for a greater focus on REITs, David Kessler tells GlobeSt.com's Erika Morphy.

Environmental Property Report Demand Rises 10% in Q1

TORRANCE, CA-The increase in Phase I ESA’s ordered indicates steady improvement in the national real estate markets, says engineering-consulting firm Partner Engineering and Science Inc.

ABI Takes Disappointing Dip

WASHINGTON, DC-The Architecture Billings Index moved back into negative territory after five months of positive readings.

Utility Ecosystem Key to Energy Efficiency

WASHINGTON, DC-Speakers at the Alliance to Save Energy conference talk about how to further drive energy efficiency—or rather, productivity—among businesses and consumers.

ON LOCATION WITH ERNST & YOUNG'S SEYFARTH
VIDEO: Special Servicers as Note Sellers

DALLAS-Ernst & Young's Seyfarth breaks down the changing role of special servicers in the distress environment.

Roundtable: CRE Still Bifurcated, But Not How You’d Expect

WASHINGTON, DC-The latest survey of the Real Estate Roundtable points to a cutoff between sentiment today and projections for the future, CEO Jeff DeBoer tells GlobeSt.com’s Erika Morphy.

Skanska: Virginia Excels in PPP Policies

RICHMOND-Skanska is competing for public-private partnership projects in several states, but Virginia is clearly among the leaders in this structure, Karl Reichelt tells GlobeSt.com’s Erika Morphy.

ON LOCATION WITH TRANSWESTERN'S PUMPER
VIDEO: Special Servicer Roles Shift

DALLAS-Special servicer roles are changing in this shifting commercial real estate market.

Infrastructure Problems Take a ‘Go Local’ Finance Approach

WASHINGTON, DC-Funding for infrastructure has been constrained since the recession, according to ULI and E&Y's latest infrastructure report. However, local voters and governments are not letting that stop them.

Peterson Cos., DRI Secure Anchor Tenant for Rock Spring Centre

BETHESDA, MD-Groundbreaking for the one-million-square foot, mixed-use project is tentatively set for later this year. Tenant Silverspot is planning a 12-screen movie theater at Rock Spring.

REIT PERFORMANCE
REITs Back on Track in April

WASHINGTON, DC-Industrial REITs are flourishing as the economy shifts to favor supply-related trends, NAREIT’s Calvin Schnure tells GlobeSt.com’s Erika Morphy.

Special Servicers Are Ready to Sell

DALLAS—Special Servicers are going to get into note sales in a big way in 2012. Interviews and panel discussions from RealShare Distressed Assets reveal some secrets.

Inside Note Sales—Growth Ahead for Strong-Willed Players

DALLAS—The uninformed may get lost in the red tape, but for savvy buyers, there’s gold—and growth—in buying loans. RealShare Distressed Assets Panelists go on the record with their thoughts on the market.

CNL Lifestyle Expands Senior Housing Portfolio With $80M Buy

ATLANTA-CNL's Joe Johnson tells GlobeSt.com's Jennifer LeClaire the demand continues to outpace new supply of senior living facilities.

LaSalle Developing Atlanta Alzheimer’s Care Center

ATLANTA-LaSalle will break ground on the Sugarloaf Autumn Leaves community in the next few weeks and expects a grand opening in 2013.

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LAST WEEK'S POLL

Penner, Mirante, D'Arcy . . . High-Level Resignations Mean . . .

GlobeSt.com Viewers See More C-Suite Turnover
NEW YORK CITY-Nearly two-thirds of respondents to a GlobeSt.com poll said recent high-level resignations either portend more to come or prove that the industry needs to work on succession planning.

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Events

Register now for RealShare ORANGE COUNTY 2012--the leading real estate networking conference for the local commercial real estate market!
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Featured Event
RealShare STUDENT HOUSING


We've gathered 50 of the biggest players in the Student Housing community to discuss the latest trends of the industry: everything from marketing and leasing to what industry leaders have to say to debt and equity to investment sales opportunities.
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Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
November 23, 2011
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

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User's Choice

Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.