Joe Dykstra works in what he calls the “scalpel business.” As executive vice president of Westwood Financial Corp., Dykstra scours the retail landscape in major metros for mature, grocery-anchored shopping centers to...
While the pace of U.S. bank failures has slowed considerably in recent quarters, giving troubled financial institutions more time to raise capital, a watch list compiled by New York-based Trepp LLC indicates the...
It would be an overstatement to say that the U.S. lodging industry is on a roll given the uneven pace of recovery across product segments and individual markets, but the sector has climbed out of a big hole. Room...
That three-letter acronym many hotel owners loathe to hear, PIP, or property improvement plan, has come out of hibernation. With the net operating income of the average U.S. hotel expected to rise 10.9% this year...
The nation’s heartland provides an abundance of distressed buying opportunities. Just ask the principal of Baceline Investments LLC, a Denver-based private equity real estate investment management company with holdin...
Bill Pettit, president and COO of seniors housing owner and operator Merrill Gardens, has proven to be prophetic. In January, he said the Seattle company's $817 million partnership with Health Care REIT under the REIT...
Although the Chicago office market is beset by high vacancy rates and flat or declining rents, prudent loan underwriting and a dearth of new construction have helped soften the blow. The Windy City’s 5.1% delinquency...
SAN DIEGO — “It’s all in the jobs,” veteran mortgage banker Jack Cohen said unhesitatingly when asked to identify the biggest issue facing the commercial real estate industry and the U.S. economy. To Cohen, it’s a...
If consumer demand holds the key to a rebound in seniors housing, then owners and operators will be encouraged by the latest quarterly findings on the overall health of the industry. The annual pace of absorption...
