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.
Over time, the pressure for real estate firms to meet cash flow projections will result in further capital expenditure reductions and increased insurance premiums, says Geoffrey Pope at USI Insurance Services.
The merger of Invitation Homes and Starwood Waypoint "creates the leading single-family rental company in the United States," says Fred Tuomi, who will be CEO of the combined company.
The quarterly decline in the NFI-OE compares favorably to other indices' performance in Q2, while the NCREIF Property Index broke an eight-quarter downward trend.
“Multiple factors came into play to drive commercial mortgage investment returns in the second quarter,” says John B. Levy, co-creator of the Giliberto-Levy index.
“Infrastructure is a strategic component of an allocation to real assets, and we expect client demand for it will continue to increase,” says CBRE Global Investors' Ritson Ferguson.