Battle Against Southeast Drought Heats Up
While three governors wrangle over water amid the Southeast's worst drought in decades, commercial real estate firms are adopting measures more familiar...
Dialing Back on Utility Costs
When Greystar Real Estate Partners acquired three apartment properties last year in Raleigh-Durham, N.C., the new owner installed submeters in each unit...
Tenants Go for the Green
After years of fits and starts, office building owners are finally getting the green message. Just ask Al Skodowski, vice president and director of engineering...
JLL buys Garden State brokerage
Chicago-based Jones Lang LaSalle (NYSE: JLL) has agreed to buy Klatskin Associates and Klatskin Associates Management Company, Inc....
GE Real Estate Loans $248 Million to Brookfield
An affiliate of Brookfield Asset Management will use a $248 million mortgage from GE Strategic Capital Group to acquire a 3.5 million sq. ft. office portfolio ...
New Orleans Blues
Insurance costs are a painful burden for HRI Properties, a New Orleans-based firm that owns and manages apartments. Before Hurricane Katrina hit in August...
Greater Job Expectations Yield Higher Compensation
Today's commercial property manager is a modern-day jack-of-all-trades. In addition to overseeing building maintenance and rent collection, managers are...
Live from MBA/CREF 2004: Mold A Growing Concern for Lenders
ORLANDO — The financial fallout from mold could very well make asbestos look like "a day at the beach" for commercial real estate financiers and owners,...
Do I Hear a Bid?
Last summer, real estate owner Roger Kellogg needed to sell several office buildings quickly. The Florida-based investor had located a replacement property...
Trimming Costs Pays Off for Property Managers
With net operating income in many office real estate portfolios flat or falling, property managers are under pressure to perform the difficult balancing...
