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 year-over-year improvements in all three S&P/Case-Shiller indices occur at a time when most other recent housing indicators have shown strength, says David Blitzer at S&P Dow Jones.
LOS ANGELES—A disagreement over how to proceed in view of the energy sector's current volatility proved to be the deal-broker, the two alternative asset managers said Tuesday
TOLEDO, OH and TORONTO—For Welltower Inc., the closing of the Regal Lifestyle Communities deal brings its ownership interest to more than 21,500 seniors housing units across Canada.
NEW YORK CITY—REIT management's earnings call comments on possible M&A will be paid close attention “given the recent string of take-outs in the sector,” writes Jefferies analyst Omotayo Okusanya.
GREENWICH, CT—The deal represents Starwood Capital's largest non-hotel acquisition to date, and demonstrates Equity Residential's shift away from suburban markets.
NASHVILLE—The merger agreement between Bridgestone Retail Operations and Pep Boys, creating an auto-service chain with 3,000 locations, comes more than three years after the collapse of a deal to take Pep Boys private.
WASHINGTON, DC—“Markets remain pretty tight, even as new apartment construction continues to increase,” says Jay Obrinsky at the National Multifamily Housing Council on the council's latest survey of senior industry executives.
GREENWICH, CT—The sale of the Richmond, VA-based Landmark Apartment Trust to an entity known as Monument Partners LLC will bring Starwood Capital's multifamily holdings to nearly 65,000 units.
NEW YORK CITY—The last double-digit year-over-year decline in US commercial property sales occurred after financial markets' “Taper Tantrum” in 2013. Real Capital Analytics sees both similarities and differences in the current environment.
CALABASAS, CA—The 10-year Treasury, more closely tied to CRE lending than the federal funds rate, ended the third quarter “in the low 2% range,” says Marcus & Millichap Capital Corp.'s William Hughes.