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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—"We're anticipating that the sales market is probably going to come in a little bit below last year's level, but still at a very strong clip," says Jamie Woodwell at the Mortgage Bankers Association.
LONDON—Preqin's survey of institutional investors finds that more than half believe the Brexit vote has made it likely that they'll make fewer investments in UK real estate over the next 12 months.
NEW YORK CITY—US businesses have had good reason lately to "at least tap the brakes on expansion plans," says Cushman & Wakefield's Kevin Thorpe. However, he adds that office fundamentals have held up well.
NEW YORK CITY—Although the greatest impact will be felt across the pond, Reis economist Barbara Byrne Denham doesn't rule out a slowdown in US GDP, employment gains and commercial rent growth.
LONDON—Wednesday's decisions by Henderson Global Investors, Columbia Threadneedle and Canada Life mean that more than half the assets allocated to UK property funds are temporarily frozen.
OSLO—The 721,000-square-foot office property is fully leased to Norway's largest oil and gas producer; Madison International increased its ownership from 35% to 90% during a three-year hold period.
NEW YORK CITY—Despite a rocky start to 2016 for securitized loans, "a post-Brexit delay in the Fed's plans for a rate hike could be a boon for CRE borrowers and CMBS lenders as the year progresses," says Joe McBride at Trepp.
SALT LAKE CITY—Cord joined Coldwell Banker Commercial Advisors in 2015 as president of asset services, tripling the portfolio under management during his tenure.
Millennials may have earned a reputation for changing jobs often, but seasoned CRE professionals, too, are making career moves, albeit on a more strategic level
CHICAGO—The $1.5-billion acquisition expands the healthcare REIT's range to capitalize on "increasing healthcare-driven research and development spurred and supported by top tier research universities," says CEO Debra Cafaro.

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