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.
ATLANTA—Over the next few years, says R. Mark Woodworth of CBRE Hotels, “Owners and operators should spend just as much time thinking about expenses as they do RevPAR.”
ATLANTA—The latest survey of corporate real estate professionals conducted by CoreNet Global and Cushman & Wakefield finds that they're more concerned about property costs than ever before.
STAMFORD, CT—The founder and CIO of Land and Buildings says the REIT's stock is trading at “a significant discount to NAV,” and that consensus estimates of the company's value are too low.
SANTA ANA, CA—“The lack of homes listed for sale is causing unadjusted house price growth to remain strong,” says First American Financial's Mark Fleming.
BETHESDA, MD—RLJ chairman Robert L. Johnson expresses confidence that the combined company's portfolio will yield “significant benefits to the shareholders of both companies.”