Companies Not Hiring
If real estate investors are counting on a private sector revival to stoke demand for space and bail them out of cash flow shortfalls they better think again. After a government stimulus prompted spurt, U.S. economic growth is now expected to ebb. The stock market is slumping again and European governments are going into austerity mode, and Congress resists further pump priming.
NEW YORK CITY—Formerly an SVP at the firm, the appointee boasts nearly 30 years of experience in the shopping center industry.
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “broad base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…