GlobeSt Best Practices

Operating company investment specialist, John Kropke has been appointed to lead and rebuild Principal Global Investors' US and European real estate operating capabilities as managing director.

Commercial real estate attorney Phil Jelsma gives us an inside look at the IRS extensions and guidance for opportunity zones.

Investment companies have been increasing staffing in preparation to handle an increase in investment opportunities during the recovery.

U.S. District Judge Gary Sharpe ordered New York officials to not enforce any outdoor gathering limitations, if people are following social-distancing requirements.

"While it may be the case that governor has overstepped his authority under New York's Executive Law, curing those alleged harms would require this court to ignore the doctrine of state sovereign immunity and principles of federalism embodied in the Eleventh Amendment," wrote Chief Judge Colleen McMahon of the Southern District of New York.

A 21-year veteran of CBRE, Darcy Mackay rejoins the GWS enterprise after previously serving as president of its West division.

Current division president, Tim Dismond has been promoted to serve the newly-created role, as well as join the company's executive committee.

"My advice to the next generation is to find the person that can push your growth through their mentorship. Nurture that relationship, be inquisitive and learn everything you can."