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Brokerage News

Brokerages Report Losses, Await Distress Business

Times are tough in brokerage land these days, forcing real estate service providers to make deep expense cuts and mine for future business in distressed properties. ...

Studley Brokers New Lease for Herzfeld & Rubin In Manhattan

Studley, a tenant representative brokerage based in New York, recently secured one and a half floors of space in the 125 Broad Street building in downtown Manhattan for law firm Herzfeld & Rubin P.C....

Names in the News Roundups

Larry Downey has been named executive vice president of Cushman & Wakefield’s Phoenix office. ...

Chicago Vacancy Skyrockets as New Space Floods Market

As employers trim thousands of jobs in Chicago, the office vacancy rate is expected to soar to nearly 20% later this year, according to real estate investment services firm Marcus & Millichap....

Brokerage Articles

Lenders Forced Into Crisis Management 

Debt providers forego new deals and extend loans with existing clients to minimize foreclosures...

Looking for Trouble 

Commercial real estate brokerages are capitalizing on the one commodity that's in high supply: distress...

Car Dealership Closures Accelerate 

While General Motors and Chrysler Corp. remain on financial life support and demand for cars and trucks wanes...

Retooling the Rainmakers 

With office leasing and investment sales volume reaching new lows across the country, big brokerages are retraining idled dealmakers to become service...

Service Providers Capitalize on Distress 

If counting the number of new programs announced in recent weeks by major brokerage firms to aid clients with distressed real estate is any indication,...

Brokerage Juggernaut in the Making? 

No one could accuse FirstService Williams Commercial Real Estate CEO Mark Jaccom of being shy or subtle. In announcing the sale of a majority interest...

Revolving Door at Grubb & Ellis 

When Scott Peters announced his resignation as CEO at Grubb & Ellis Co. in July, the sudden departure was the latest chapter in a long saga of management...

Derivatives Debut in Commercial Real Estate 

With capitalization rates flattening in most markets, commercial real estate owners face the real possibility that their property values may drop for...

Fed Rate Cut May Accelerate Rising Construction Costs  

The already high cost of commercial development will head higher in 2008 as a depressed dollar increases the price of fuel and materials...

Cost of Capital Proves Volatile for Borrowers 

Gary E. Mozer is principal and chief executive of George Smith Partners, a Los Angeles-based real estate investment and mortgage banking shop. Last year,...

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    Larry Armstrong on Architecture in a Recession

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    Charles Krawitz on the Credit Crisis

    Charles Krawitz, Senior Loan Sales Asset Manager of Fifth Third Bank, discusses the current state of the small to medium sized loan and the general capital markets. Topics include tapping Freddie and Fannie loans, and the government expanding their credit facility via the SBA.

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