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.
“Strong catch-up forces” after the post-downturn decline in homebuilding will propel 9.2% growth in single-family starts in 2018, says data firm ConstructConnect.
The acquisition of nearly 4,800 fully entitled lots across 20 projects in the Southeast and Southwest is “a rare opportunity in the residential land sector,” says VP David Baker of Starwood Capital.
“Commercial property values have, for the most part, been steady, but performance depends on the type of property,” says Green Street Advisors' Peter Rothemund.