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.
IRVINE, CA—Although it hasn't matched the pace set in 2015, “2016 has been a year of slow yet steady growth for commercial real estate as a whole,” says Peter Muoio, chief economist with Ten-X.
IRVINE, CA—Single-family rental investors “will be an important and likely growing force in the real estate market for years to come,” says Daren Blomquist at ATTOM Data Solutions.
ATLANTA—The acquisition will bring Pillar Financial's multifamily lending business, among a handful to be licensed by all three agencies, into the SunTrust fold.
GREENWICH, CT—Much of the 280-property select-service portfolio came into Starwood Capital Group ownership with the $1.2-billion acquisition of TMI Hospitality in 2014.
STAMFORD, CT—“We are done listening to excuses from the Taubman family for the company's undervaluation and inferior operating performance,” Land and Buildings' Jonathan Litt writes in a letter to Taubman Centers' independent directors.
CHARLESTON, SC—Greystar CEO Bob Faith calls the Asian multifamily joint venture with Macquarie Capital “a natural extension” of the vision with which he founded the company in the early 1990s.
McLEAN, VA—There's some near-term moderation in markets surveyed by Capital One Securities, but the firm's analysts cite the sector's “robust operating fundamentals and growth prospects.”
MEXICO CITY—Barry Gosin, CEO of Newmark Grubb Knight Frank, notes that Mexico is "poised for substantial commercial real estate growth in the coming years."
NEW YORK CITY—“Many participants are saying that we'll see market share reductions for CMBS” when the risk-retention rule takes effect at year's end, Trepp's Thomas Fink said in a recent presentation to the Federal Reserve Board of Governors.