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.
WASHINGTON, DC—A NAREIT-sponsored study by Wilshire Investment Management finds that adding REITs and other high income-generating assets to a traditional retirement portfolio could income returns by nearly 40% with no increase in risk.
NEW YORK CITY—CEO Riggs Kubiak says the move was prompted by office owners that wanted “to incorporate their multifamily assets for more overall portfolio insight.”
CHICAGO—3D printing and other technological trends already are having an impact on commercial real estate, says Deloitte. The firm advocates that owners begin incorporating these trends into their business strategies now.
CHICAGO—Appreciation for institutional-grade properties has been on a steeper downward trajectory than income throughout 2016, the National Council of Real Estate Investment Fiduciaries said Wednesday.
WASHINGTON, DC—NAREIT's Steven Wechsler cites the “highly competitive total returns” among the reasons that REITs “should be a core allocation in investment portfolios in all investment environments.”
IRVINE, CA—The common element in the top five retail markets for investment opportunities: strong local economies leading to steady growth, says Ten-X.
WASHINGTON, DC—The National Multifamily Housing Council's Mark Obrinsky says that debt and equity markets have become “more discerning in terms of what deals they are ready to take on.”
LOS ANGELES—“The changing velocity and pattern of tech job creation has uniquely impacted office markets,” says Colin Yasukochi, director of research and analysis for CBRE Group.
McLEAN, VA—The agreement will give Beijing-based HNA Group an equity interest in Hilton Worldwide Holdings as well as two spin-off companies, Park Hotels & Resorts and Hilton Grand Vacations.
NEW YORK CITY—With tributes ranging from a unique rendition of <i>Hamilton</i> to a Lifetime Achievement Award, CREW Network saluted its longtime CEO on the eve of her retirement.