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.
SAN FRANCISCO—The review of possible ways to enhance shareholder value at the owner of Holiday Inn and six other brands follows calls by Marcato, which owns 3.8% of its stock, to consider merging with another large operator.
NEW YORK CITY—Greenland Forest City Partners has hired CookFox Architects to design an affordable rental and a condo tower, both part of the renamed mixed-use development in Downtown Brooklyn.
NEW YORK CITY—Credit enhancements are as high as 25% on several new deals, “which begs the question of whether super senior credit enhancement will soon be poised for a move above 30% if the trend continues,” says Fitch Ratings' Huxley Somerville.
NEW YORK CITY—Led by four properties in the Dallas Metroplex, the portfolio is under the control of an industrial fund managed by Clarion Partners, headquartered here.
NEW YORK CITY—Spearheaded by Todd Perman and Garth Hogan of Newmark Grubb Knight Frank's Global Healthcare Services platform, the assignment covers Ascension Healthcare's portfolio across 23 states and the District of Columbia.
RESTON, VA—The midyear report on the sector from Calkain Cos. and Chandan Economics cites major sale-leasebacks such as ARCP's Red Lobster deal as a marker of triple net retail's vitality.
DALLAS—Originally launched as an incident-reporting database for property owners and managers to keep track of tenant activity, the web-based platform now encompasses a varied menu of services.
NASHVILLE—The merger expands Brookdale's capacity to 112,694 units across 46 states; the company says it's “the only nationwide network of senior living communities” covering the full spectrum of care.
CHICAGO—A combination of favorable demographics and an improving economy mean operating results “at the high end of our expectations,” says CEO David Neithercut; analysts generally concur.
HOUSTON—“There's a natural blend between healthcare and life sciences,” and Transwestern's clients “want to see us in both of those spaces,” the firm's Eric Johnson tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.