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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—Trepp's Joe McBride points to "generally strong occupancy and financial performance" as factors that will spur increased CMBS issuance backed by apartment properties.
SAN FRANCISCO—Active in a variety of philanthropic and civic causes, Shorenstein also presided over the family firm's transformation from a San Francisco-focused operator into a national investment and development business.
LONDON—Totaling nearly one million square feet with the potential to develop another 420,000 feet, the portfolio continues Tristan Capital Partners' run of retail-related acquisitions across Europe.
WASHINGTON, DC—"The best days for multifamily housing could be winding down as new construction has already surpassed historical averages," says Lawrence Yun, at the National Association of Realtors.
NEW YORK CITY—With more than 20 years' industry experience, Bergwall most recently was interim CEO, managing director and head of portfolio management at Allianz Real Estate of America.
NEW YORK CITY—With all three of the S&P/Case-Shiller Home Prices Indices showing larger year-over-year gains compared to the previous month, "Home prices and housing continue to show strength," says S&P Dow Jones' Blitzer.
NEW YORK CITY—Marriott's $12.2-billion Starwood deal portends "more merger and acquisition transactions in the US lodging industry if the capital conundrum for private equity firms persists," says Fitch Ratings.
CARROLLTON, TX—"For all the noise about affordability, there isn't yet any real evidence that market-rate apartment renters are unable or unwilling to renew their leases," says Jay Parsons at MPF Research.
NEW YORK CITY—John MacGowan and Marc Kaplan will lead growth of FirstService Residential's rental management division while providing operational oversight of its current rental portfolio across the five boroughs.