Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
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—The search for yield drove commercial mortgage origination among life companies to a new high last year, and Fitch Ratings expects this year's total to be higher still.
DALLAS—The Metroplex's overall office vacancy rate “is expected to drop further this year, due to several additional large deals that are in the works,” according to Xceligent.
WASHINGTON, DC—Led by William Ackman, the largest stockholder in Fannie and Freddie alleges in a lawsuit that the 2012 decision to divert both GSEs' profits to the US Treasury deprives common shareholders of “any economic value in their shares.”
BIRMINGHAM, AL—Xceligent data on Alabama's largest city and the two major population centers of Arkansas show that the Texas energy and tech powerhouses aren't the only Southwest markets to have rebounded from the downturn.
DALLAS—Vine Oil & Gas, headquartered here, is partnering with Blackstone Energy Partners for a $1.2-billion acquisition of assets in the Haynesville Shale basin.
HOUSTON—Transwestern has arranged financing for developer Randall Davis' 29-story Astoria project, to be built in the Galleria submarket, through the Houston EB5 Regional Center.
HOUSTON—First announced in April, the acquisition is envisioned to “create a leader in scale and scope of services for the mortgage services market,” in the words of Stewart president Jason Nadeau.
LONDON—Sixty-three percent of private equity real estate fund managers plan to invest more capital over the next 12 months than they did in the previous year, Preqin says.
HOUSTON—Transformed from the former Westwood Mall on Houston's southwest side, the 525,580-square-foot property offers substantial value creation opportunity to its new owner, Omninet Capital.