Names in the News
Raymond Torto has joined CB Richard Ellis in Boston as global chief economist. He will direct a team of commercial real estate market analysts and serve...
Ultimate Hotel Makeovers
The $85 million overhaul of the Fairmont Hotel in San Francisco in 2001 was still fresh in management's mind last year when another remodeling of the...
10 TO WATCH
A year ago, commercial real estate executives enjoyed one of the healthiest markets in history, symbolized by a record annual $102.8 billion in REIT mergers...
The New Face of Grubb & Ellis
Scott Peters Age: 50 Company: Grubb & Ellis Co., Santa Ana, Calif. Title: President and Chief Executive Officer Time in current role: 3 months Currently...
The REAL Deal
Neal Elkin Age: 42 Company: Real Estate Analytics LLC Title: President Time in current role: 1 year Currently reading: The Power Broker: Robert Moses...
A Hotelier's Dream
Sant Singh Chatwal Age: 64 Company: Hampshire Hotels & Resorts LLC Title: Chairman and Chief Executive Officer Time in current role: 29 years Currently...
Retail Without Borders
David Henry Age: 58 Company: Kimco Realty Corp. Title: Vice Chairman and Chief Investment Officer Time in current role: 7 years Currently reading: A Peculiar...
Changing Coastal Skylines
Veronica Hackett Age: 62 Company: The Clarett Group Title: Managing Partner Time in current role: Eight years Currently reading: The Great Escape: Nine...
Seniors Housing Encore
David Freshwater Age: 53 Company: The Freshwater Group Inc. Title: President Time in current role: 2.5 years Currently reading: Gone Fishin' by Walter...
Hey, Big Spender
Bob Aisner Age: 61 Company: Behringer Harvard Funds Title: President and Chief Operating Officer Time in current role: Five years Currently reading: The...
Real Estate Renaissance Man
Howard Michaels Age: 52 Company: Carlton Group Title: Chairman and Chief Executive Officer Time in current role: 16 years Currently reading: Two-foot...
Staying Upbeat
John Murray Age: 47 Company: Hospitality Properties Trust Title: President Time in current role: 12 years Currently reading: by Nathaniel Philbrick Since...
Greening a 1.7 Billion Sq. Ft. Portfolio
Sally Wilson Age: 48 Company: CB Richard Ellis Title: Global Director of Environmental Strategy Time in current role: Four years Currently reading: Come...
Macklowe Unloading GM Building to Stay Afloat
By now the saga of Harry Macklowe’s recent misfortunes in New York real estate is pretty widely known. But the latest wrinkle in his attempts to pay back creditors is probably the most interesting — the pending sale of the venerable General Motors Building, known in local circles as the “White House”, ...
New Construction Strains Property Fundamentals
In the midst of economic chaos, one of the bright spots in the commercial real estate industry has been a relatively subdued level of new construction in the past few years, as increasing rents and declining vacancies have propped up property fundamentals. ...
Big Commercial Lenders Pursue Small Fries
Over the past 18 months, Wall Street banks and other big institutions have been trying to muscle their way into the small-balance commercial real estate...
Alternate Routes to Mortgage Financing
Until the end of last summer, the quickest route to finance a commercial real estate project or acquisition was straight down Wall Street. In the fast...
Institutional Investors Shovel the Dough
When Prudential Real Estate Investors jumped into a joint- venture deal with Atlanta-based Cousins Properties late last year, it was both a sign of the...
Recession 2008: What Would It Mean for Real Estate?
If the nation slides into a recession this year, commercial real estate investors could see their annual returns shrink slightly or plummet into negative territory...
Standoff Over TIC Deals In Final Round?
The simmering tension between commercial real estate brokers and securities dealers over tenant-in-common sales may soon fade now that the U.S. Securities...
A Time to Defend
A number of unfavorable market forces are closing in on commercial real estate investors, threatening to compromise asset values in 2008. After a tremendous...
Growth Amid A Downturn
The commercial paper market is in disarray, real estate lending has ground to a halt in many markets, and mortgage brokers everywhere are running for...
Investors Buy Nashville Portfolio
KBS Real Estate Investment Trust (KBS REIT) has spent $53.5 million to acquire a six-building Nashville portfolio...
Moody's reports decline in U.S. property values
The impressive run-up in commercial real estate values may have finally run its course. This week, Moody's Investors Service reports that U.S. commercial property values posted ...
Experts at NAREIT Convention Urge Caution
Fallout from the credit crunch and housing market decline will make REITs more volatile over the next year or two, but they will be in a strong position going forward...
