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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—“We remain confident that consumers will continue to increase spending at a healthy clip,” boosting both retail and industrial, writes C&W's Ken McCarthy.
NEW YORK CITY—“There will be a substantial volume of commercial mortgage loans maturing over the next few years.,” says Macquarie's Timothy Gallagher; Principal has contributed nearly 2,000 loans in its time as a CMBS loan originator and seller.
TOLEDO, OH—To help fund the acquisitions, mainly in seniors care and housing, the REIT is tapping the public markets with a stock offering that could raise more than $1 billion.
REAL ESTATE FORUM's Paul Bubny spoke with J.P. Ford, senior vice president and director of business development at Lodging Econometrics, to bring us up to date on the development scene.
BEACHWOOD, OH—Chief executive of the shopping center REIT since the start of 2010, Hurwitz and DDR's board have agreed not to renew his employment contract.
BOSTON—Not only pension funds and REITs are investing here, but some of the strongest competition is coming from local players, IPA's Phllip Lamere said at RealShare Boston.
NEW YORK CITY—With public-sector spending showing low double-digit growth, it'll be private-sector building of office and industrial that drives construction growth, says Fitch Ratings.
FORT WORTH—“A prolonged downturn in our business” has prompted the electronics retailer to explore its options, which may also include a sale of the company.
GOODLETTSVILLE, TN—Valued at about $9.1 billion, the tender offer is being made to FDO's shareholders “in light of Family Dollar board's unwillingness to engage with Dollar General with respect to a negotiated transaction,” according to an SEC filing Wednesday.