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.
In acquiring the Chicago-based middle-market bank, “we are creating a strong cross-border platform for CIBC to serve a broader range of clients,” says CIBC CEO Victor G. Dodig.
“As property investors increasingly focus on fast-growing '18-hour' cities, both major and secondary markets are experiencing accelerated growth rates,” says Trepp's Manus Clancy.
Contrary to some expectations, recent interest rate hikes have not slowed down commercial mortgage lending, writes Berkadia's Ernie Katai in this <b>EXCLUSIVE</b> commentary.
The Census Bureau's report of upward movement for new-home sales in May followed the National Association of Realtors' results for existing homes earlier this week.
Forty-four percent of the largest publicly traded REITs cite risk factors related to the Trump administration, and policy changes it may or may not implement, in their latest 10-Ks, says BDO LLP.
Comprising primarily of compact residential units, the acquisition is the fifth in Asia that CBRE Global Investors and Universal-Investment GmbH have made on BVK's behalf.
Forestar's board continues to recommend a merger with Starwood Capital Group, while acknowledging that a counter-bid from D.R. Horton Inc. was potentially a “superior proposal.”
“Home prices keep chugging along at a pace that is not sustainable in the long run,” says Lawrence Yun, chief economist at the National Association of Realtors.