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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—“There can be no doubt that a discussion about corporate social responsibility takes place with almost every occupancy decision made today, “ says Eric Duchon, sustainability strategies director at Cushman & Wakefield.
NEW YORK CITY—The law firm confirms published reports that it has signed a letter of intent to relocate to within Brookfield Property Partners' Manhattan West, now under development on the Far West Side.
BOSTON—The REIT has sold seven assets across the US since Sept. 1 and has three more under contract, under a liquidation plan that's expected to take about two years to carry out.
CALABASAS, CA—The National Seniors Housing Group led by MMI's Brian T. Murdy reports that REITs and other institution are acquiring portfolios, and sometimes one another, “at a staggering pace.”
NEW YORK CITY—That was the summation of Capital One Multifamily Finance's Grace Huebscher, who moderated a discussion among representatives from Fannie Mae, Freddie Mac and some of the GSEs' clients.
WASHINGTON, DC—The publication of the National Rental Home Council's operating guidelines occurs amid increasingly bright prospects for securitization in the sector.
TORONTO—The all-cash offer for the remaining 36.8 million shares of Brookfield Residential represents a premium of about 20% on the stock's closing price Wednesday afternoon.
NEW YORK CITY—The Urban Land Institute's annual Emerging Trends report, released Wednesday at its Fall Meeting here, cites the rise of “18-hour cities” beyond the gateway markets.
NEW YORK CITY—Persistent weak employment could hit office markets where the legal sector has comprised a sizable fraction of office-using tenancies, says Savills Studley's Heidi Learner.