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—Leading the charge for Moinian Capital Partners will be an industry veteran who has originated more than $3 billion in commercial real estate loans.
IRVING, TX—The hotel REIT's president and COO has served as interim executive officer since the retirement of president and CEO Richard A. Smith this past September.
WASHINGTON, DC—"Even a pick-up in wage growth may be insufficient to compensate the impact of higher mortgage rates and home prices,” says Lawrence Yun at the National Association of Realtors.
CHICAGO—Lodging REITs have bought an average of $4 billion in US assets per annum, “indicating the amount of buying power they could hold this year,” says JLL.
NEW YORK CITY—Yet the latest RICS US Commercial Property Monitor does cite concerns over interest rates increase and the disruptive effects of the new administration in Washington.
NEW YORK CITY—The addition of 184 properties in an acquisition from Cabot Properties brings DRA Advisors' industrial footprint to more than 45 million square feet.