When a distressed portfolio of 13 former Mervyns stores came to market in California and Arizona recently, several of the nation’s biggest brokerages competed for the deal, valued at more than $100 million. But to th...
The past year has been a very good one for many of the nation's top brokerages. Revenues rose substantially at several brokerage firms as the commercial real estate industry regained its footing in the wake of the...
Some hotel borrowers are venting their frustration over special servicers’ unavailability for advice at the same time the hoteliers face the threat of default. “I’m in no-man’s land,” fumed Nitin Shah, president of...
The sticker shock for going green is becoming easier to bear, according to some panelists at the Hunter Hotel Conference held last week in Atlanta. But not everyone agrees...
In the world of retail real estate, few executives are watched as closely as Sandeep Mathrani, the chief executive officer of Chicago-based General Growth Properties (NYSE: GGP), which emerged from a 19-month...
When Michael Tompkins, managing partner at Atlanta-based TriBridge Residential LLC, visits a banker to line up funding for a new multifamily project, he's not overwhelmed by anxiety...
In a fresh sign of recovering economic activity, a number of major ports report a jump in container traffic volume in January. In some cases, the volume is setting new records. At the Port of Long Beach in California...
In a move that had been anticipated for months in the commercial real estate industry, Borders Group, the giant book retailer, today announced that it has filed for reorganization relief under Chapter 11 of the Bankr...
The federal government’s new program to provide incentives for making commercial buildings 20% more energy efficient over the next decade is winning applause from several prominent commercial real estate organizations...
