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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.
STAMFORD, CT—Among the first institutional investors to enter the single-family rental business, "we are very pleased with the outcome,” says Carl R. Kuehner III, chairman and CEO of Building and Land Technology.
LOS ANGELES—“It's not about size, it's about scale advantage,” Bill Concannon, CEO, Global Workplace Solutions, tells GlobeSt.com. He and COO John Murphy explain why the integration is a good fit.
NEW YORK CITY—Commenting on changes that have come to the sector since GlobeSt.com launched in 2000, advisory board member Faith Hope Consolo says we've seen many retailers “improve their service and embrace technology.”
SANTA BARBARA, CA—Earlier projections of 2015 rent growth now look “almost too conservative,” according to Yardi Matrix researchers. Yet they raise a few questions about that growth's sustainability.
LOS ANGELES—Consumer demand should keep the high-tech industry strong in the years ahead and support office markets in leading tech cities, says CBRE's Colin Yauskochi.
CALABASAS, CA—The search for yield is sending investors to secondary and tertiary markets, but thanks to e-commerce, these locations are leasing up, Marcus & Millichap says in its midyear report on industrial.
NEW YORK CITY—The boom in data center development, among the effects that the tech sector has had on the industry over the past 15 years, will continue, says Skanksa USA's Michael Silla.
NEW YORK CITY—The pattern of slight upward and downward movement in the CMBS delinquency rate continued again in August, says Trepp. However, the month saw property sectors improve while others lost ground.
CALABASAS, CA—Notwithstanding a quarter-million new apartments coming on line by year's end, Marcus & Millichap sees vacancies nationwide continuing to decline.
NEW YORK CITY—S&P cited favorable tailwinds for student housing in upgrading its outlook for American Campus Communities; the sector's recent sales metrics bear this out.