In the Northeast tri-state area, as in the rest of the country, there are signs of economic slowdown such as layoffs, dwindling Wall Street earnings and slowing consumer spending. Despite these warnings, the Northeast...
If you raise the issue of company size to Steve Rogers, president and CEO of Parkway Properties, an office real estate investment trust (REIT) based in Jackson, Miss., he'll tell you that getting bigger isn't an...
The prognosis for the capital markets: steady, despite the rocky economic outlook. “Looking at where things were a year ago, we don't feel quite as comfortable as we did,” said Gerald Cohen, director of the real...
At least one industry player says borrowers should not fret about a scarcity of lending options for the commercial real estate industry, despite a consolidation craze sweeping the banking sector...
NEW YORK — Today, the area of West 116th St. in Harlem resembles other New York neighborhoods. Pedestrians stop to greet neighbors while on their way to the corner grocery store or beauty salon. Sparkling street-level...
NEW YORK—Silverstein Properties and Westfield Properties formed a joint venture and won the 99-year leasehold on the World Trade Center for $3.22 billion. The leasehold includes the No. 1, No. 2, No. 4 and No. 5 WTC...
NREI recently interviewed Horsham-Pa.-based GMAC Commercial Mortgage Corp.’s Charles Dunleavy Jr., president and COO, after the direct lending company won the No. 1 ranking in our 10th Annual Direct Lender Survey...
Horsham, Pa.-based GMAC Commercial Mortgage Corp. has fought its way to the No. 1 direct lender ranking in NREI's 10th Annual Top Lender Survey, with $14.76 billion financed during calendar year 2000. In doing so...
