Student Housing

JV Buys 660-Unit Haven from Foreclosure

TEMPE, AZ-Interwest Capital and Angelo, Gordon & Co. pay $46 million to servicer Petra Capital Management. The new owners plan upgrades to the tune of $5,000 per unit.

O'Meara Takes Reins at Marcus & Millichap as Capital Markets Director

PHOENIX-Fresh from a 10-year stint at Inland Real Estate in Chicago, Patrick O'Meara is ready to build up debt and equity financing in Phoenix and to encourage capital investment across all CRE sectors.

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.

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.

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.

REALSHARE COVERAGE
New Faces Offer Interesting Student Housing Perspectives

IRVING, TX-Two sets of panelists at the 5th annual RealShare Student Housing conference explain what students want from housing, and why the CRE sector is so attractive.

Technology: Students Want It, Developers/Owners Must Offer It

IRVING, TX-During the fifth annual RealShare Student Housing conference, technology was said to be an important amenity in student housing.

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.

Changing Face of Student Housing Presents New Opportunity

IRVING, TX-Panelists at the 5th annual RealShare Student Housing conference on May 15 pointed out that increased enrollment combined with reduction in appropriations is moving the industry toward more partnerships.

Student Housing Professionals Convene Tomorrow

DALLAS-RealShare Student Housing takes place here tomorrow; catch up on coverage leading up to the event.

DEAL-WRAP
Infamous Purple Hotel Sells at Sheldon Auction

LINCOLNWOOD, IL-North Capital, which had purchased the note on most of the property, bought the entire hotel and land at an auction for $8.3 million. Plus more Midwest news.

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.

DEAL-WRAP
CBRE Arranges $23M Student-Housing Financing

SACRAMENTO, CA-CBRE Multifamily Capital Inc. has arranged financing for the Element, a 288-unit, 792-bed student-housing community located here at 6730 4th Ave.

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.

REALSHARE ADVANCE
Student Housing: Look for Continued Growth

IRVING, TX-With the fifth annual RealShare Student Housing conference less than a week away here, experts tell GlobeSt.com the sector is still strong, with demand going hand-in-hand with higher education enrollment.

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.

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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.