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.
TAMI and financial services are overlapping as financial technology operations account for a greater share of Manhattan office leasing, Cushman & Wakefield experts said at a press briefing Thursday.
First American Financial's Mark Fleming sees “a supply and demand imbalance that produces upward pressure on house prices and decreasing affordability.”
Results of the National Multifamily Housing Council's latest quarterly survey of senior executives suggest that “the softening is less widespread than in previous quarters,” says NMHC'S Mark Obrinsky.
Subdued job growth in a number of metro areas is hampering absorption, although Ten-X's Peter Muoio also points to “strong investment opportunities” in other cities.
Enacted by Congress nearly 40 years ago, “this antiquated double standard is a disincentive to invest that unfairly burdens the property sector,” says Transwestern's Tom McNearney.
The sale of Gramercy Property Europe plc to a consortium of clients managed by AXA Investment Managers — Real Assets valued the portfolio at €1.0 billion (US$1.1 billion), GlobeSt.com reported this past May.
Focus Healthcare Partners' founding principals have grown industry platforms that owned or operated more than 50,000 senior living units and financed over $4.5 billion in healthcare properties.
Factors ranging from modest growth in tenant demand to banks' reduced allocations for construction funding are keeping REITs' appetites in check, says Fitch Ratings.