John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-In what insiders are terming a "very smart move," an investment team has snatched up Garrick-Aug, ending months of speculation that the retail brokerage was on the block.
NEW YORK CITY-A panel of investment pros at the ULI meeting weighed the risks of real estate relative to the stock market. Stocks are an engagement, the pros determined. Real estate is a marriage.
NEW YORK CITY-The CBRE brokerage chairman also placed his bet on the much-debated Jets stadium at the kickoff event of the National Association of Real Estate Editors. The group also used the night to install its new officers.
NEW YORK CITY-ULI and PricewaterhouseCoopers unveiled the latest edition of their Emerging Trends in Real Estate this morning at the ULI Fall Meeting here. No great surprises, the authors concede. Just more capital flowing in as we watch fundamentals struggle upward.