NREI News - National Real Estate Investor

U.S. Retailers and Developers Seek Expansion Opportunities in Great White North

Jun 16, 2011, By Elaine Misonzhnik, Retail Traffic Associate Editor

Although U.S. retailers and developers have targeted Canada for years, the race to expand up North has accelerated in recent months...

Rising Cost of Construction Materials Puts Contractors in a Bind

Jun 15, 2011, By Matt Hudgins, NREI Contributing Writer

The dramatic slowdown in commercial real estate development in recent years due to the deep recession and its lingering effects has prevented a supply glut, but wiped out thousands of construction jobs in the process....

Macquarie CNL Global Income Trust’s First Acquisition Is Distribution Center Near Austin

Jun 15, 2011, By NREI Staff

Macquarie CNL Global Income Trust has acquired a distribution center in Pflugerville, Texas that is fully leased to FedEx Ground Package System Inc. ...

Bank Failures Taper Off Nationally in May, But Not in Georgia

Jun 14, 2011, By NREI Staff

The number of bank failures receded to five in May following a sharp jump to 13 in April, according to New York-based Trepp LLC. Three of the bank failures occurred in the Southeast, including two in Georgia and one in Florida....

Q&A With Ann Hambly: Restructuring CMBS Loans Is An Uphill Battle

Jun 14, 2011, By Eric Stoessel, Lodging Hospitality Managing Editor

Ann Hambly compares the challenge of modifying a CMBS loan to climbing a mountain. ...

Will Cap Rates Rise or Fall in 2011 and 2012? The Answer May Surprise You

Jun 14, 2011, By Victor Calanog, NREI Contributing Columnist

After rising 300 to 500 basis points in 2009, average transaction-based cap rates fell in 2010 through early 2011. ...

Acadia Regroups After Distressed Opportunities Fail to Materialize

Jun 14, 2011, By David Bodamer, Retail Traffic Editor-in-Chief

During his firm’s presentation at NAREIT’s REIT Week in New York last week, Kenneth Bernstein, president and CEO of White Plains, N.Y.-based shopping center REIT Acadia Realty Trust, offered a candid assessment of the market for distressed assets and how the firm has regrouped after the wave of troubled properties failed to materialize....

Despite Tepid Economic Data, Hotel Investment Executives Remain Bullish

Jun 13, 2011, By Ed Watkins, Lodging Hospitality Editor-in-Chief

Shawmut Breaks Ground on $18 Million Expansion Project for Taco in Cranston, R.I.

Jun 13, 2011, By NREI Staff

NYU Conference Goers Look for the Bright Side

Jun 10, 2011, By Ed Watkins, Lodging Hospitality Editor-in-Chief

If the mood at this week’s New York University International Hospitality Industry Investment Conference is any indication, the hotel industry is ready to believe full recovery is here, or at least very close. ...

Grandbridge Funds $26.8 Million South Carolina Apartment Project through FHA

Jun 10, 2011, By NREI Staff

Charlotte, N.C.-based Grandbridge Real Estate Capital has closed on a $26.8 million first mortgage loan secured by the Gregorie Ferry Landing Apartments, a planned 240-unit, Class-A multifamily development in Mount Pleasant, S.C. ...

Hotel Investment Executives Remain Bullish

Jun 10, 2011

In an era of nonstop 24-hour news, even the slightest discouraging word can put a damper on the mood of an industry....

Trigild Named Receiver for More Than 1 Million Sq. Ft. of Office and Industrial Space

Jun 9, 2011

Bolstered by a Recent Run of Glittering Results, Retail REITs Remain Bullish

Jun 9, 2011

M&A Activity in the REIT Sector Likely to be Limited, NAREIT Panel Says

Jun 9, 2011

Hotel Leader Tisch Calls for Infrastructure Overhaul

Jun 8, 2011, By Ed Watkins, Lodging Hospitality Editor-in-Chief

NEW YORK — Loews Hotels CEO Jonathan Tisch called on the hotel and tourism industry to tackle what he calls one of the next defining challenges...

REITs Ramp Up Acquisitions as Portfolio Fundamentals Improve

Jun 8, 2011, By Elaine Misonzhnik, Retail Traffic Associate Editor

Publicly traded REITs continue to lead the recovery in the commercial real estate sector judging from the presentations made at this week’s NAREIT conference in New York City. ...

A Global Hotel Focus at NYU Conference

Jun 7, 2011, By Ed Watkins, Lodging Hospitality Editor-In-Cheif

The NYU International Investment Conference is finally living up to its name as an international meeting....

Hines’ Pan-European Core Fund Acquires Schlossstrasse 20, a Retail Property in Berlin

Jun 7, 2011, By NREI Staff

Hines Pan-European Core Fund (HECF) has acquired Schlossstrasse 20, a retail property with ancillary office space in Berlin, from the German developer Sedlmayr-Investa Immobilien GmbH. ...

Report: General Growth Forming New REIT

Jun 6, 2011, By Ben Johnson, A Special From OKCREview.com

Chicago-based General Growth Properties (GGP), once considered one of the dominant owners of regional malls in the country, is now aiming to form a new real estate investment trust (REIT) with 35 properties it owns...

Institutional Investors Lead 2011 Retail, Office Buying Wave

Jun 6, 2011, By Ben Johnson, NREI Contributing Writer

As we approach the halfway mark of 2011, institutional investors have increased their appetite for commercial real estate, overtaking publicly traded real estate investment trusts (REITs) as the leading purchasers of retail and office properties in the first quarter of 2011....

Mexico Is Rife With Opportunity for Farsighted Real Estate Investors

Jun 6, 2011, By David Lynn, NREI Contributing Columnist

The Mexican economy grew 5.5% in 2010, higher than the general consensus predicted. ...

PCCP Provides $23.2 Million Loan to Acquire and Redevelop Office Condo in Washington, D.C.

Jun 6, 2011, By NREI Staff

A $23.2 million senior loan commitment from PCCP LLC (formerly Pacific Coast Capital Partners LLC) has paved the way for the acquisition and redevelopment of 2055 L Street NW, an office condominium located in Washington, D.C.’s central business district (CBD)....