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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.
KANSAS CITY, MO and CHARLOTTE, NC—Via a strategic investment into Karnes, the partnership creates “a strong foundation for the expansion of our market analytics team,” says Xceligent CEO Doug Curry.
NEW YORK CITY—Owned since 2011 by a Ranieri Partners-led group, the firm is headed for a “galvanizing high-growth stage,” says Steve Powel, who will become its new CEO.
SCOTTSDALE, AZ—Growth in rents will decelerate in 2015 but will still outpace what multifamily experienced in 2012 and 2013, says data firm Pierce-Eislen.
NEW YORK CITY—The issue of cybersecurity is very much front and center these days, thanks to high-profile hacks of corporations including Home Depot, JP Morgan Chase and, most recently, Sony Pictures.
NEW YORK CITY—CEO Thomas D'Arcy points to a “substantial pipeline” of forthcoming acquisitions, noting that investments thus through the non-listed IPO far have led to “a balanced and highly diversified portfolio.”
AGOURA HILLS, CA—“We expect to move quickly to seamlessly integrate these homes and realize the resulting synergies as we continue to grow our business,” says American Homes 4 Rent's CEO.
BEACHWOOD, OH—The 15-year company veteran's departure comes on the heels of what analysts see as the successful execution of a five-year strategic plan.
LOS ANGELES—Realty Mogul's CEO points to the IPO success of Lending Club as evidence of online lending's credibility, whether the borrowers are consumers or real estate investors
PHOENIX—As multifamily development ramps up, “the uptick in completions will slow but not stop vacancy decreases,” writes Berkadia's David Delich in a forecast report provided <b>EXCLUSIVELY</b> to GlobeSt.com.
NEW YORK CITY—The net lease REIT's lenders have granted an extension of filing third-quarter and full-year 2014 financial results, and dividend payments on its common stock will be suspended in the meantime.