In New York, prices are rising for everything — even air. With the city's real estate market still strong, developers are bidding ferociously for air rights...
As the velocity of U.S. commercial property sales begins to slow, the ability of brokerage companies to post big gains in quarterly revenue is at risk. With the credit crunch hitting commercial property markets, CB...
Industrial tenants across the country are bracing for rental rate sticker shock — the kind of hefty increases experienced in Southern California. Demand for Class-A properties will undoubtedly remain strong in 2008...
Ductwork has enabled many movie heroes to infiltrate locked offices. But those looking to penetrate 1 Victory Place — a 17-story office tower being built in Dallas — will have to find a different means of entry: The...
In January of this year, Hospitality Properties Trust, a REIT based in Newton, Mass., paid $1.9 billion to acquire TravelCenters of America, which operates more than 200 truck stops. Holding a $750 million line of...
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 2005, the company was paying $500,000 in annual property...
In January, Ashford Hospitality Trust, a Dallas-based REIT, announced the $2.4 billion acquisition of 51 hotels that had been part of CNL Hotels and Resorts. Soon after, Ashford said that it would not make any more...
As his office developments thrived in the 1990s, Jay Shidler began making donations to his alma mater, the University of Hawaii. From 1994 to 1997, the gifts totaled $175,000. Then Shidler decided to contribute more...
In self-storage markets, scattered signs hint of a slowdown. In cities such as Columbus, Ohio, customers can get the first month's rent for $1. Shares of the average self-storage REIT lost 3.4% in the first four...
With tourists pouring into the casinos of Biloxi, Miss., a local mid-price hotel faced a strange problem. Competitors in the market enjoyed 65% occupancy compared with 40% for the troubled property. When the hotel...
