John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
WASHINGTON, DC-Fannie Mae and Freddie Mac have shaken hands on a common format for automated underwriting. The agreement is believed to speed the process and save money for borrowers and lenders.
NEW YORK CITY-Total domestic issuance may hit $66 billion by year end, according to Lend Lease's latest CMBS update. The monthly white paper is the sixth market data report to gain regular exposure on GlobeSt.com.
NEW YORK CITY-Deal paralysis is hobbling the industry and should continue to do so until the first quarter of '02, say respondents to GlobeSt.com's latest Quick Survey.
NEW YORK CITY-Today's the day for pre-closing to begin on the World Trade Center, sources close to the deal tell GlobeSt.com. After the dust clears this Thursday, the Silverstein/Westfield JV will be in control of a trophy asset valued at $3.22 billion.
NEW YORK CITY-Dubbed the Think Tank, the 12-person panel--made up of commercial real estate professionals--will provide commentary on news reports covered on the site, advise GlobeSt.com editors on coming trends and issues and serve as featured columnists.
NEW YORK CITY-Results of GlobeSt.com's latest Quick Survey reveal that more equitable conditions exist for women in the real estate workplace. Respondents complain of lower pay, but as one female source tells us: Doesn't everyone?
NEW YORK CITY-The research organization is now providing local hotel statistics to this website, including supply and development trends, as well as sales transactions. The addition supplements GlobeSt.com's fast-growing database of quarterly MarketData reports.
NEW YORK CITY-The slump may not go away quickly, but that leaves the door wide open for the right play, say directors of the locally based opportunity fund.
NEW YORK CITY-The slump may not go away quickly, but that leaves the door wide open for the right play, say directors of the locally based opportunity fund.