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.
LOS ANGELES—Demographics and other factors that favor seniors housing "will continue to drive investment into the sector in 2017," says CBRE's Jeanete Rice.
WASHINGTON, DC—CREFC's Lisa Pendergast says the latest survey of insurance companies is especially useful to life companies “as they navigate through a CRE cycle that is at or near its peak.”
SCOTTSDALE, AZ—The $815-million deal represents an opportunity for Colony Starwood to convert the portfolio “from managed to wholly owned assets,” says CEO Fred Tuomi.
HELSINKI—Valued at approximately US$2 billion, the investment in Sponda will give Blackstone control of a 13-million-square-foot retail and office portfolio in Finland's major cities.
NEW YORK CITY—In contrast, only three vintages of the CMBS 2.0/3.0 universe have registered any type of pooled realized loss to date, says S&P Global Ratings.
FORT WORTH—D.R. Horton's all-cash offer for 75% of Forestar Group's stock comes about six weeks after Starwood Capital Group agreed to acquire Forestar.
SANTA BARBARA, CA--Questions now facing the multifamily market include "how low the rate of growth will go and how long growth will remain in the doldrums,” says Yardi Matrix.
HERNDON, VA—However, says NAIOP president and CEO Thomas J. Bisacquino, “the binding constraint to robust net absorption may end up being available space.”