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—Yet Fitch Ratings sees “relatively muted” impact of new supply on asking rents and vacancies at the moment, although that's subject to change.
NEW YORK CITY and LOS ANGELES—The three-way merger of equals among Colony Capital and two NorthStar companies will lift Colony Financial into “the highest echelon of equity REITs,” future executive chairman Thomas Barrack said Friday.