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.
Law firms in the Am Law 100 are more likely to reduce their office footprints than their smaller peers, according to CBRE's inaugural report on the legal sector.
Via strategic planning, corporations can realize major benefits including higher profits and an optimized asset portfolio, says Mark Fenner at Arcadis.
Evident in markets such as San Francisco and New York City for some time, the dearth of qualified workers “has now become a national issue,” says Julian Anderson of Rider Levett Bucknall.
“Market momentum has continued in 2017, with strong demand from borrowers and a strong appetite to lend,” says Jamie Woodwell with the Mortgage Bankers Association.
Kennedy Wilson chairman William J. McMorrow says his company is moving toward “a simplified corporate structure” with more recurring income from stable property cash flows and greater upside potential from value-enhancing initiatives worldwide.