News

James A. Fetgatter will be retiring from the Association of Foreign Investors in Real Estate after 27 years as its head.

There has been increased demand for restaurants and salons on the platform, according to co-founder Bobby Goodman.

Theresa Morzello, CBRE's managing director for asset services in New York City, was the first woman to win the Commercial Management Executive of the Year Award.

The new division will focus on larger clients with transactions that range from $15 million to $100 million.

When the deal closes, LaSalle will be one of the top five largest global non-listed indirect real estate investment managers.

Besides the mega-mergers in the REIT market there is also consolidation among brokers too.

The company is currently deploying more than $11 million for capital improvements across Capital Office Park and Metro Plex I & II.

Last year the company sold $1.7 billion in assets and it plans to sell between $1 billion and $1.2 billion this year.