SHRINKING VALUES GROWING ANXIETY
Apr 1, 2008 12:00 PM
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....
Features
Multiple Hat Syndrome
Apr 1, 2008 12:00 PM
As the U.S. economy erodes and leasing and investment sales stall, commercial real estate brokerages are aggressively growing their global footprint while...
TOP 25 BROKERAGES
Apr 1, 2008 12:00 PM
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...
The Bronx is Booming
Apr 1, 2008 12:00 PM
Three decades after the late sportscaster Howard Cosell uttered the infamous cry, The Bronx is burning! during the 1978 World Series at Yankee Stadium,...
Developments
Internet Service Provider Wired for Green
Apr 1, 2008 12:00 PM
When Internet firm EarthLink needed to house 400 employees in Pasadena, Calif., the Atlanta-based company didn't set out to make local history. But that's...
High Drama in New York Office Market
Apr 1, 2008 12:00 PM
Even with corporate layoffs occurring at a brisk clip in New York's financial sector some 57,075 job cuts have been announced since the start of 2007...
Fear of Regulation
Apr 1, 2008 12:00 PM
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...
Mormon Church Is Taking Mixed-Use to New Heights
Apr 1, 2008 12:00 PM
Cement started to pour in March on the first portion of what city officials call the largest-ever commercial development in Salt Lake City. The $1.5 billion...
Housing, Subprime Woes Take a Toll On Retailers
Apr 1, 2008 12:00 PM
Like floodwaters escaping from a damaged levee, troubles in the housing market are spilling over into the retail real estate sector. Cash-strapped homeowners...
Q & A
Apr 1, 2008 12:00 PM
As the economy goes, so goes the hotel business, and the signs aren't encouraging, says Laurence Geller, president and CEO of Strategic Hotel Properties,...
Names In The News
NAMES IN THE NEWS
Apr 1, 2008 12:00 PM
Greg Wattson has joined Opus West Corp. as vice president of retail development for the western region. He will oversee retail development opportunities...
Deals & Projects
DEALS & PROJECTS
Apr 1, 2008 12:00 PM
Heitman American Real Estate Trust has acquired an industrial portfolio for over $100 million from a joint venture between Panattoni Development Co. and...
DEALS & PROJECTS
Apr 1, 2008 12:00 PM
CPA, an affiliate of W. P. Carey & Co., has acquired four manufacturing facilities from Best Brands Corp. for approximately $50 million. The facilities...
In Progress: Southern California Logistics Centre
Apr 1, 2008 12:00 PM
DEVELOPER: Stirling Capital Investments LOCATION: Victorville, Calif. SIZE: 6.5 million sq. ft. of industrial space on 350 acres of land PROJECTED COMPLETION:...
STUDIO ADAPTED TO ECO ROCK N ROLL-THEMED LOFTS
Apr 1, 2008 12:00 PM
The Sunset Team real estate agency based in Los Angeles and ReThink Development have a great story to tell. The duo is planning the first LEED Gold certified...
Columns
Tax Rebates: Psychological Boost or Momentous Force?
Apr 1, 2008 12:00 PM
Perhaps it is just a drop in the bucket, but the tax rebates that the U.S. Treasury will send out to more than 130 million American families and individuals...
Winning the Gold War
Apr 1, 2008 12:00 PM
Great real estate returns were probably not what Nikita Khrushchev, the 1960s-era Soviet leader, had in mind when he predicted that his country would...
How Downgrades Force Institutional Selling
Apr 1, 2008 12:00 PM
In late February, investment analysts at Merrill Lynch downgraded the stocks of mortgage investment giants Fannie Mae and Freddie Mac. A few days later,...
A Price Correction Is Unavoidable
Apr 1, 2008 12:00 PM
Although loan defaults on commercial properties remain at low levels, the credit crunch in the real estate markets will still have some negative impact...
Dispelling the Myths of Density Bonuses
Apr 1, 2008 12:00 PM
When granted by municipalities to allow developers to build more units on a given site than local zoning laws would normally allow, density bonuses can...
Improper Use of Cap Rates Proves Costly
Apr 1, 2008 12:00 PM
Developing a capitalization rate for tax assessment purposes seems like a relatively simple task. Using the market extraction approach, the one most commonly...
Golden Era Vanishes
Apr 1, 2008 12:00 PM
My reading on the plane trip to Cannes was The Exchange Artist: America's First Banking Collapse, a book by Jane Kamensky. A web of increasingly remote,...