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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.
NEW YORK CITY-The private equity giant cites an increase in management fees and stabilization in the fair value of its real estate portfolio.
NEW YORK CITY-Insurance clients are paying more attention to containing costs and to the credit ratings of insurers, says a Marsh report.
NEW HYDE PARK, NY-The REIT has acquired the remaining 85% interest in PL Retail LLC from a DRA Advisors-managed fund for $825 million.
NEW YORK CITY-The lawsuit filed in State Supreme Court alleges mismanagement of 12 retail properties; a DDR spokesman denies the allegations.
NEW YORK CITY-The sale of the iconic Fifth Avenue hostelry's 24,700-square-foot retail space to GFC represents a cap rate on 5% on 2009 NOI.