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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.
WASHINGTON, DC—This month's indices point to “a growing optimism among builders that housing will continue to strengthen in the months ahead,” says David Crowe, chief economist with the National Association of Home Builders.
NEW YORK CITY—Equity Residential's David Neithercut was the only representative of traditional property sectors as he moderated a panel discussion during REITWeek.
MIAMI—Investors in 2015 are being “very disciplined in the way they deploy their funds, whether it's debt or equity,” Akerman LLP's Richard Bezold tells GlobeSt.com.
NEW ALBANY, OH—The news follows the restaurant chain and food manufacturer's announcement that it had retained CBRE to arrange a sale-leaseback of its headquarters and two manufacturing facilities.
DALLAS—With two of the three deals announced Thursday using the key money arrangement, Ashford Inc.'s Monty J. Bennett says the concept will “only be used on a very selective basis.”
CHARLOTTESVILLE, VA—Nine of the 20 biggest earnings beats among equity REITs for Q1 occurred in the lodging sector, says SNL Financial; no other property type came close.
LOS ANGELES—Both private equity firms have substantial commercial real estate investment operations; Bloomberg Business reported that no deal has been reached as yet.
ELLICOTT CITY, MD—The Investment Program Association and DST Systems will report on trends for an industry that has come into its own over the past few years, association president Kevin Hogan tells GlobeSt.com.
EL SEGUNDO, CA—The additional scale of the combined company provides greater potential to execute “a value-enhancing liquidity event,” says Kevin Shields, the non-traded REIT's chairman and CEO.
NEW YORK CITY—“As separate accounts become more widespread, they will constitute growing proportions of many investors' overall real estate portfolios,” says Andrew Moylan at Preqin.