January 1, 2005

Departments

Leaping Through The Lending Trough

Jan 1, 2005 12:00 PM, By Matt Hudgins

According to the normal rhythms of the real estate industry, the first years of this decade should have been a slow period for lenders. This should have...

Developments

What's Vornado's Next Move?

Jan 1, 2005 12:00 PM, Morris Newman

When Vornado Realty Trust announced in November it had acquired 4.3% of Sears, many observers concluded that the Paramus, N.J.-based real estate investment...

Q & A

Jan 1, 2005 12:00 PM

When Dana Corp. decided to divest its real estate capital financing division and focus on its core automotive business, executives Rex Paine and Charles...

Hong Kong Prepares For Biggest REIT IPO

Jan 1, 2005 12:00 PM, Parke Chapman

The REIT revolution continues to spread around the globe. Recent proof: the initial public offering (IPO) of The Link REIT, a portfolio of 2.85 million...

In Progress: Boca Raton Resort Condominiums

Jan 1, 2005 12:00 PM

DEVELOPER: Palm Beach Resort Condominiums LLC, Pierce Goodwin Alexander and Linville (PGAL), project designers, and Las Vegas-based Wright Engineering,...

DEALS & PROJECTS

Jan 1, 2005 12:00 PM

CHICAGO'S GOLUB & CO. AND INTERCONTINENTAL REAL ESTATE CORP. of Boston entered into a joint venture to purchase Meadows Corporate Center in Rolling Meadows,...

NAMES IN THE NEWS

Jan 1, 2005 12:00 PM

GRAYSON SANDERS has been named president of CNL Capital Markets Inc., an affiliate of CNL Financial Group, Inc. Sanders will now be responsible for creating...

Columns

Is Sarbanes-Oxley worth the pain and suffering?

Jan 1, 2005 12:00 PM, Matt Valley Editor

A year ago in this column, I predicted that the Sarbanes-Oxley corporate governance act (SOX) would be a big story for the REIT world and beyond in 2004....

High CMBS Volume is Double-Edged Sword

Jan 1, 2005 12:00 PM, By John B. Levy

We don't suspect that Sir John Templeton had commercial real estate in mind when he noted that bull markets are born on pessimism, grow on skepticism,...

Why Do REIT Auditors Resign?

Jan 1, 2005 12:00 PM, By Brian Harris

Several auditor resignations, such as those at Shurgard Storage Centers, Glimcher Realty Trust and National Health Investors, have recently occurred in...

Features

A MONTHLY METER OF INDUSTRY TRENDS

Jan 1, 2005 12:00 PM

A CRUDE ROLLER-COASTER RIDE (AVERAGE MONTHLY PRICE PER BARREL)* Crude oil prices have a direct bearing on the U.S. economy. Sharply rising gasoline prices,...

The Belle of the Ball

Jan 1, 2005 12:00 PM, Written by Robyn Taylor Parets

It's been a long wait for hotel investors, but finally their time has come. For nearly three years following 9/11, hotels were pretty much left out of...

Asset Managers Hunt for Flow Through

Jan 1, 2005 12:00 PM, Geoff Lewis

For most property owners, the effects of an economic downturn take a while to sink in. It becomes harder to renew leases, it takes longer to fill space....

A Second Term for Bush Has Policy Implications

Jan 1, 2005 12:00 PM, By Jim Arbury

With the drama of the 2004 election behind us, we begin a new year with a new Congress. Usually the re-election of a sitting President whose party retains...

Strategies

Why Rehab Activity is Intensifying

Jan 1, 2005 12:00 PM, By Joe Gose

It took an earthquake to get Starpoint Properties into the acquisition/rehab business. And 11 years later, it looks like it was a fortunate break. On...

Office Glut at Ground Zero

Jan 1, 2005 12:00 PM, by Parke Chapman

In December, World Trade Center leaseholder Larry Silverstein claimed his first legal victory after 38 months of sparring with insurers over whether or...