Taking A Direct Hit
Buyers of commercial real estate properties with net leases in place have long considered these assets to be a safe haven because of their bond-like ability...
SHRINKING VALUES, GROWING ANXIETY
Since the onset of the credit crunch last August, many investors have watched with dismay as their commercial real estate holdings have fallen in value....
TOP 25 BROKERAGES
This listing is based on responses to NREI's Top Brokerage survey, which was conducted via e-mail in February and March 2008. Brokers were asked to provide...
Multiple Hat Syndrome
As the U.S. economy erodes and leasing and investment sales stall, commercial real estate brokerages are aggressively growing their global footprint while...
Fear of Regulation
The drumbeat for reform in the residential mortgage market due to lax underwriting standards has been growing in recent months, but there has been virtually...
NAMES IN THE NEWS
Greg Wattson has joined Opus West Corp. as vice president of retail development for the western region. He will oversee retail development opportunities...
CalSTRS Discloses Investment Strategy
Institutional investors are notoriously mum when it comes to divulging specifics about their investment strategies. But the California State Teachers’ Retirement System, better known as CalSTRS, has a fairly open-book policy when it comes to informing its members about the inner workings of its real estate investment portfolio....
Commercial Property Sales Slow to a Crawl
Year-over-year sales volume in major commercial property sectors took a tumble in January, as buyers and sellers grew farther apart in their pricing expectations, showing a clear lack of portfolios up for grabs, the kind that drove 2007 sales volume into record territory....
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...
Building Under Pressure
Multifamily REITs are developing billions of dollars of projects in the face of dual threats that jeopardize several quarters of rent increases in most...
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...
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...
