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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY-Its latest fund having exceeded its target by one-third, Savanna is buying first mortgage positions at a discount, Nicholas Bienstock tells GlobeSt.com's Paul Bubny.
NEW YORK CITY-The extension is intended to provide time to negotiate an orderly transition of Gramercy Realty assets to Goldman Sachs and other lenders.
NEW YORK CITY-Bifurcation between investment-grade assets and ‘everything else’ cuts a wide swath across the current market, RealShare Net Lease panelists said Wednesday.
NEW YORK CITY-The uptick in parcel sales could signal more office and multifamily building as construction financing comes back in, says Massey Knakal’s Nelson.
NEW YORK CITY-A preliminary deal has been reached for SL Green and Vornado to convert some of their debt into equity, according to <i>Crain’s.</i>
NEW YORK CITY-The stock exchange owner’s board says the Nasdaq offer would result in the breakup of NYSE Euronext; Nasdaq says its bid was ‘clearly superior.’