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
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
After opening its first store in Mt. Prospect, Ill. this spring, it will follow up with eight additional stores this year, including two locations in Indianapolis and two locations in Cincinnati....More
Hotels featured in movies are often characters in their own right—whether they are warm and welcoming or creepy and inhospitable. Regardless, they make quite valuable properties onscreen, and without them many movies wouldn't even exist.