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EAST ORANGE, NJ—The purchase is part of a string of acquisitions for Global Medical Real Estate totaling nearly $31 million since going public in July.
LOS ANGELES—Property values have risen steadily since the recession, but there are some signs that valuations have peaked with cap rates in some markets rising and some softening investor demand, GlobeSt.com reports in this EXCLUSIVE interview.
SANTA ROSA, CA—Two properties, Sonoma Ridge at Bennett Valley and Latham Square, are now in the hands of new owners, adding to the string of acquisition financing propagating the Bay Area landscape in recent weeks.
SAN DIEGO—San Diego is still a secondary or even tertiary market for AMLaw 200 firms, and as such is physical unable to squeeze as much efficiency out of the highly competitive nature of this market, JLL's Misty Moore tells GlobeSt.com <b>EXCLUSIVELY</b>.
NEWPORT BEACH, CA—There is a tremendous amount of capital from both groups wanting to participate in the US real estate market, and they can participate by aligning themselves with best-in-class sponsors and in other ways, Landmark's David Kidder tells GlobeSt.com <b>EXCLUSIVELY</b>.
HOUSTON—Even with the sector's current hot streak, “lenders are very reluctant to put debt out on projects,” says Conor Commercial's Jeff Stringer, who will share further insights at RealShare Industrial next week.
Lead by example, trust your team will rise to the occasion, and be accountable. Those are the major themes in preparing for the next generation for leadership roles, says one source in this <b>EXCLUSIVE</b> Q&A on the subject.
RICHARDSON, TX—With the formation of Corporate Properties Trust I, investment partner Mirae receives long-term investment returns generated primarily from the office leases with investment-grade tenant, State Farm Insurance Co.
CORPUS CHRISTI, TX—With more college expansions precipitating the need for medical facilities, the Panama Canal expansion and proximity to Mexico, Corpus Christi is ideally positioned for further development, says Richland.
LONDON—Jason Sibthorpe brings 28 years' commercial real estate industry experience to Avison Young, where he'll drive growth across all of the firm's business lines in the UK.