PHILADELPHIA—Formerly of Tyco International, the 25-year veteran will manage and direct all aspects of CBRE Group's global tax functions.

STAMFORD, CT—The founder and CEO of investment manager Waypoint Residential tells GlobeSt.com why his business model makes as much sense at this point in the cycle as it did following the Great Recession.

WASHINGTON, DC—Values across all four major property types increased during Q3; however, CoStar sees a softening in the priciest assets and markets in most of them.

CHICAGO—Although a large headquarters office may be essential, “law firms may be overlooking an opportunity to create meaningful cost savings by thinking about their space needs differently,” says Daniel Arends, who heads the national legal sector practice at Colliers.

PHOENIX—Although weakened manufacturing output and investor uncertainty could put downward pressure on spending, “we see continued positive news for the health of the construction industry,” says Julian Anderson at Rider Levett Bucknall.

DALLAS—Proceeds from the sale to building materials supplier 84 Lumber will be used “to reinvest in high quality assets more consistent with our current investment philosophy,” says Spirit Realty president Jackson Hsieh.

WASHINGTON, DC—A NAREIT-sponsored study by Wilshire Investment Management finds that adding REITs and other high income-generating assets to a traditional retirement portfolio could income returns by nearly 40% with no increase in risk.

NEW YORK CITY—CEO Riggs Kubiak says the move was prompted by office owners that wanted “to incorporate their multifamily assets for more overall portfolio insight.”