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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.
CARROLLTON, TX—With its own metro area of Dallas providing a case in point, MPF Research says "the factors that shape apartment demand are far more complex than any single variable" can capture.
CHICAGO and NEW YORK CITY—Domestically and globally, the Cushman & Wakefield/DTZ union will be “a formidable combination,” says Brett White, who will become chairman and CEO of the combined company.
SAN FRANCISCO—Starwood Property Trust's former president, Boyd Fellows, is part of a four-man team that collectively has closed more than 4,000 commercial real estate loans.
WASHINGTON, DC—“It is undeniable that the business of healthcare will remain as dynamic as the challenges facing it,” says DTZ's Lorie Damon. This bodes well for office, industrial and retail owners.
NEW YORK CITY—Q1 also saw the largest quarterly volume of cross-border investment in the US to date, Real Capital Analytics says in its latest Global Capital Trends report.
MADISON, NJ—Consistent with its predecessors, the latest dedicated fund will consider both direct and JV acquisitions, Noah Levy, who heads PREI's seniors business, tells GlobeSt.com.
NEW YORK CITY—“Debt and equity capital are in ample supply, low-cost and less-discerning,” says Fitch Ratings' Britton Costa. In terms of REITs going private, it could be 2007 all over again.
LOS ANGELES—CBRE is acquiring its Columbia, SC affiliate, while Avison Young has made Remington Group founder William Connor a principal and Colliers has expanded its North Texas base.