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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.
LOS ANGELES—Although the $1.475-billion acquisition does not include Johnson Controls' building efficiency business, a strategic relationship involving that unit will be part of the deal with CBRE.
LOS ANGELES—That's CBRE's take on the state of the office sector, based on the balance between landlords and tenants in its quarterly “Occupiers vs. Owners Market Meter.” Denver, San Francisco and Manhattan's Midtown South are standouts.
BETHESDA, MD—Although there's more talk around value-add opportunities in the apartment sector, “there's still a lot of interest in core,” Capital One Multifamily Finance's Grace Huebscher tells GlobeSt.com.
NEW YORK CITY—Originally announced in December, the deal adds 2,082 units in Florida and nine other states to the portfolio of the Newcastle Investment spinoff.
BOSTON—American Tower's CEO, Jim Taiclet, said in February that the acquisition of more than 11,000 towers from Verizon would facilitate “robust leasing opportunities.”
NEW YORK CITY—The majority of respondents to <i>Real Estate Forum's</i> capital market survey agree: debt financing is more available and there are more sources compared to a year ago.
NEW YORK CITY—In separate reports, Fitch Ratings and Lodging Econometrics see continued gains in the sector's performance, although different classes of owners are at different points in the cycle.
SAN FRANCISCO—Marcus & Millichap's chief strategy officer also pointed to the commercial real estate sector, “which is far ahead of housing,” during a recent interview on BloombergTV.
AUSTIN, TX—The lease-up in fall 2014 quieted a number of concerns about overbuilding in student housing, says Virtus Real Estate Capital's Kevin White. Find out what he sees on the horizon.
NEW YORK CITY—The newly published <i>Land Use Law: Zoning in the 21st Century</i> is intended to provide guidance and analysis for land use attorneys as well as developers.