Office building owners in metro Atlanta with securitized mortgages are exhibiting a level of financial stress that far exceeds the national average, according to New York-based Trepp LLC. It’s the culmination of...
As a young lawyer with IBM in the early 1980s and later as a broker with Kenneth D. Laub & Co. in New York, Marisa Manley came to realize that corporate tenants were at a disadvantage in lease negotiations with landl...
A new real estate and private equity company with a strong emphasis on the multifamily and luxury residential sector has launched in New York. Corigin Holdings is the spin-off of Coalco New York, the U.S. operation of...
PHOENIX — There is no shortage of drama in the hotel industry as evidenced by the programming at last week’s 16th annual Lodging Conference. The hot-button topics included the troubled commercial mortgage-backed...
PHOENIX — The full brunt of the commercial mortgage-backed securities (CMBS) crisis has yet to strike the struggling hotel industry. The warning from Joel Ross, principal of New York-based Citadel Realty Advisors...
While the Las Vegas housing market continues to get pummeled by a wave of foreclosure activity — a trend compounded by a double-digit unemployment rate — the local apartment market is confronting its own crisis...
It’s an understatement to say that Atlanta-based Carter wears many hats as a full-service real estate firm. Since its founding in 1958, the company has built a strong reputation in several key disciplines. Not only h...
Extraordinary times call for extraordinary measures in Muskegon County, Mich., where the unemployment rate rose from 13.9% in June to 14.9% in July. In a bold move to stimulate hiring, the city of Muskegon, the county...
Once a bright spot in the troubled commercial mortgage-backed securities (CMBS) market, the office sector now finds itself in the eye of a storm. The volume of delinquent office loans increased from $7.5 billion in...
The disappointing July employment report released last Friday by the Bureau of Labor Statistics contains one number that is telling. The loss of 6,000 jobs in temporary help services from the prior month points to a...
