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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—President of the Real Estate Board of New York since 1986, Spinola has long been recognized as the New York City real estate sector's best-informed and most influential advocate.
SEATTLE—The newly appointed chief economist at Colliers USA tells GlobeSt.com that a longer-term view provides a better idea of where the markets will be “rather than just where they are now.”
CHARLOTTESVILLE, VA—The bank, which didn't make the top three for 2013, took the top spot for 2014 on the basis of two deals in the healthcare space and one in net lease, according to SNL data.
NEW YORK CITY—With initiatives ranging from East Midtown rezoning to FIRPTA reform not reaching fruition last year, the association is continuing to push for them.
NEWTON, MA—Select Income REIT is reviewing a presentation by shareholder Lakewood Capital Management, which says the net lease REIT's stock ought to trade at 50% above current valuation levels.
CLEVELAND—The change is in line with Forest City's shift from emphasizing development to “a balanced focus on owning, operating and developing high-quality properties in core urban markets,” says CEO LaRue
LOS ANGELES—However, for institutional investors to consider smaller-ticket transactions, “the risk adjusted returns have to be compelling,” Transwestern's Steven Orchard said in an Ask the Expert interview.
CHICAGO—A 40-year veteran of commercial real estate, the institute's new leader has also been a senior instructor and course author in its education program.
SEATTLE—The newest member of Colliers' executive team brings a background that includes representing Citigroup in both the sale of its headquarters and more than 400,000 square feet of leases.
SAN FRANCISCO—Commercial real estate's recovery has been accelerating, and “REITs are a reflection of the strength of that whole asset class,” Marcus & Millichap's chief strategy officer said on Fox Business recently.