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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.
LOS ANGELES—After five consecutive years of increases, the commercial estate lending sector appears “well-positioned to take advantage of further growth in 2015,” says CBRE Capital Markets' Brian Stoffers.
CHICAGO—The acquisition of Ardent Health Services, one of the nation's largest operators of for-profit hospitals, increases the REIT's diversification, says CEO Debra A. Cafaro.
CHICAGO—On Monday's conference call, CEO Debra A. Cafaro cited “compelling” benefits for NOI and FFO from the simultaneous acquisition of Ardent Healthcare and spinoff of the REIT's skilled nursing business.
NEW YORK CITY—Standard & Poor's also says that full-term interest-only loans “have become par for the course in single-borrower deals in recent years.”
NEW YORK CITY—For neighborhood centers and regional malls, improvements in fundamentals haven't begun accelerating yet, but are becoming “more consistent,” says Reis Inc.
STAMFORD, CT—The activist hedge fund manager, also pursuing proxy battles at Associated Estates and MGM Resorts, objected to measures that MAC took to defend itself against Simon Property Group's takeover bid.
AUSTIN—Ryan Lang's hiring occurs as sovereign wealth funds are showing increasing interest in partnering with public colleges and universities to fund student housing projects.
NEW YORK CITY—Macroeconomic volatility globally leaves the domestic economy, and less directly US commercial real estate, more vulnerable to shocks, say TIAA-CREF's Martha Peyton and Edward F. Pierzak.
HUNT VALLEY, MD—With a pure-play focus on the skilled nursing facility segment, the combined company owns a portfolio of more than 900 properties located in 41 states and run by 81 different operators.