June 1, 2007

Cover Story

THE ART OF AFFORDABLE HOUSING

Jun 1, 2007 12:00 PM, By Denise Kalette

As millions of Americans struggle with the cost of housing, developers who build affordable apartments and condos are confronting such severe financial challenges that at least one major firm has stopped building subsidized projects...

Features

Changing Winds in CMBS Market

Jun 1, 2007 12:00 PM, By Ben Johnson

While the commercial mortgage-backed securities marketplace has been on a record-breaking tear for several years, CMBS investors have become quite a skittish bunch of late....

Miami's Perfect Storm

Jun 1, 2007 12:00 PM, By Susan Stabley

Hurricane Wilma blew apart Miami's monster residential growth in October 2005. Home and condo listings tripled with storm-weary citizens ready to move....

Student Housing Graduates

Jun 1, 2007 12:00 PM, By Dees Stribling

Student housing has joined the grown-up world of money making, but will the current influx of investors succeed in this tough new market? Since 2001, investment volume in student housing has grown from virtually zilch to more than $2 billion in both 2005 and 2006...

Bundling Sale-Leaseback Sales

Jun 1, 2007 12:00 PM, By Beth Mattson-Teig

Investors chasing net-lease properties are upping the ante. Instead of paying $10 million for a single property, they are forking over $100 million for an entire portfolio. ...

Going Once, Going Twice

Jun 1, 2007 12:00 PM, By Parke M. Chapman

When Pritzker Realty Group decided to sell a Kansas City office building last summer, the private investment firm didn't hand the listing to a local broker....

How Mixed-Use Developers Can Avoid Tripping Up

Jun 1, 2007 12:00 PM, By John Egan

Mixed-use has been hailed as the greatest idea in commercial real estate since the debut of the enclosed mall. But increasingly, this mega-hyped product type has become more difficult to execute...

Developments

Up From The Ashes

Jun 1, 2007 12:00 PM, Parke M. Chapman

Lower Manhattan's commercial real estate market is thriving nearly six years after the 9/11 attacks. What's fueling this rebound are a growing number of businesses and residents who see the allure of an area that's undergoing a $20 billion upgrade....

Condo Deals in Little Havana

Jun 1, 2007 12:00 PM, Hortense Leon

A few blocks west of posh Brickell Avenue, developers are transforming Miami's traditional Cuban quarter, Little Havana, into an oasis for workforce housing....

Atlanta's Condo Market Teetering

Jun 1, 2007 12:00 PM, Bailey Webb

Atlanta's condo market is giving investors indigestion. After torrid sales of 4,747 units in 2005, market tracker Haddow & Co. says condo sales plunged to 2,717 units in 2006, a 43% drop....

Pension Funds Travel

Jun 1, 2007 12:00 PM, Jon Peterson

A growing number of U.S. pension funds are tapping real estate opportunities abroad. According to the Pension Real Estate Association 2007 survey, 45 of the largest 1,000 U.S. pension plans will send capital abroad in 2007....

Savannah Port Bustles

Jun 1, 2007 12:00 PM, Matt Hudgins

A tidal surge of distribution space is pouring into Savannah, Ga., but local experts say the pending 38% increase in inventory is more likely to buoy, rather than saturate, the port market....

Names In The News

NAMES IN THE NEWS

Jun 1, 2007 12:00 PM

Spencer Yablon has been promoted to regional manager of the Pennsylvania office of Marcus & Millichap. He is responsible for expanding national market capabilities for Philadelphia clients....

Deals And Projects

DEALS & PROJECTS

Jun 1, 2007 12:00 PM

Triple Net Parkway 400 has acquired Parkway 400, a two-building Class-A development, for approximately $34 million from Transwestern Investment Co. The...

DEALS & PROJECTS

Jun 1, 2007 12:00 PM

Hines has acquired 2100 M Street NW in Washington, D.C. for an undisclosed price. Prudential Real Estate Investors sold the 306,663 sq. ft. office building on behalf of German institutional investors...

In Progress: K Station

Jun 1, 2007 12:00 PM

DEVELOPER: Fifield Cos. LOCATION: Chicago SIZE: The ambitious, eight-acre development will feature six high-rise towers, 2,400 luxury apartments, and 40,000 sq. ft. of commercial space....

PROJECT AIMS TO CHANGE DYNAMICS OF DOWNTOWN HOUSTON

Jun 1, 2007 12:00 PM, Danyale Phillips

Downtown Houston is being transformed into a trendy hot spot with the arrival of a mixed-used development, the Houston Pavilions. ...

Columns

Q & A

Jun 1, 2007 12:00 PM, Parke M. Chapman

A record $16 billion in Florida apartment units were converted into condominiums during the past two years, flooding the market with roughly 120,000 new units....

Defining Sustainability Takes Energy

Jun 1, 2007 12:00 PM, Matt Valley

Ask any 10 real estate professionals to define one of the biggest buzzwords of the 21st century, and almost assuredly you'll get 10 different answers, ranging from renewable energy sources to environmental management to eco-efficiency....

From Lumberer to Developer, Forest City's Roots Run Deep

Jun 1, 2007 12:00 PM, By Christine Perez

When it began as a lumber business in the 1920s, Forest City Enterprises Inc. focused more on sticks than bricks. It was formed in Cleveland by four siblings of the Ratowczwer family, which took on the surname of Ratner after immigrating to America from Poland....