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.
The sale of VEREIT's investment management business “allows us to simplify our core business model and focus on our large, diversified single-tenant real estate portfolio,” says CEO Glenn Rufrano.
Houston was among the gainers for rent growth in October, as the metro area's housing supply contracted in the aftermath of Hurricane Harvey, says Yardi Matrix.
The planned IPO for Aspen REIT, backed by the St. Regis Aspen Resort, will provide individual investors with “liquidity optionality for a single-asset investment,” says CEO Stephane De Baets.
SIGNA Prime Holding is acquiring RFR's 50% share of the Karstadt at the Munich Main Train Station project, along with four other assets in Germany's largest cities.
The takeover would create one of the world's largest listed real estate companies with an ownership interest in nearly $100 billion of assets worldwide, Brookfield Property Partners said Monday.
Standard Communities' Scott Alter doesn't believe that Republican lawmakers set out to undercut affordable housing development and preservation, but he says that's what will happen if private activity bonds are eliminated.