While it’s true that class-C and class-D malls are likely to eventually disappear from the scene, or be redeveloped into something else, good quality regional malls currently represent one of the most attractive investments in the commercial property market....More
In just a few months, the names of the top highest-paid REIT CEOs of 2013 will be released by SNL Financial. Of the top 20 highest-paid REIT CEOs in 2011, 14 remained in the top 20 in 2012, and John Kilroy Jr. of Kilroy Realty Corp. moved up to the No. 1 spot in 2012 from the No. 17 spot in 2011. Will Kilroy retain first place? Or will another CEO rocket to the top?
Our rankings were based on a number of metrics, including average vacancy rates for medical office properties, rents per sq. ft., building sales volumes, prices per sq. ft. and volume of recent space completions.
The Jumpstart Our Business Startups Act (JOBS Act) of 2012 effectively lifted the ban on general solicitation that existed since 1933, opening the door for small companies and investors to directly tap into the market of their choice....More
As compared to the real property asset classification for conventional PPAs, complex real estate is allocated between the same buildings, site improvements and land categories, but also includes various other tangible and intangible assets....More
With his latest divestiture, the sale of Pershing Square’s remaining 28 million shares of General Growth Properties back to the regional mall REIT for $556 million, it looks like Bill Ackman may be completely done with anything having to do with retail....More
It’s becoming more and more common to see Whole Foods or another strong grocery chain occupying the ground levels of multi-unit residential developments, especially in urban markets like San Francisco and Washington, D.C....More