Anna Spiewak
O’Connor Capital Welcomes Co-Founder Rufrano Back as CEO
Glenn Rufrano, former CEO of Cushman & Wakefield, has returned to real estate investment and management firm O’Connor Capital Partners as chairman & CEO, 13 years after leaving his role as president & COO of the company.
Economy Watch Weekly: Unusually Strong Jobs Report for October
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Nov. 8
Still a Place for Suburbia?
During the past few years, the return to the cities has been at the center of attention as legions of new graduates and retirees, members of the massive Millennial and Baby Boomer generations, have gravitated to the jobs, entertainment and more accessible lifestyles increasingly offered in these walkable urban areas. Companies have long since shifted their headquarters from the suburbs to more centralized locations, and developers have been rushing to provide appealing new live-work-play environments in the inner-ring submarkets surrounding the CBDs. Not so long ago, many of these areas were aged and forgotten, downtowns so empty they echoed, inner…
Economy Watch: Some City Budgets Reach Pre-Recessionary Levels; Personal Income Peaks
Some of the largest U.S. cities have seen their municipal budgets recover from the lows of the recession, when steep drops in tax revenue and other income cut into city coffers. And U.S. personal income increased $67 billion, or 0.5 percent, in September compared with August.
HFF Secures $54M Construction Loan for San Antonio’s Historic Joske’s Building
Joske’s Building at the RiverCenter Mall in San Antonio is ready for its redevelopment. Ashkenazy Acquisitions Corp., owner of the historic 500,000-square-foot property, has obtained a $54 million construction loan to finance a rebirth.
ULI Special Report: Advice from Sam Zell
The legendary Sam Zell has spoken at many conferences over the years, but his keynote to a packed ballroom at the Urban Land Institute Fall Meeting on Thursday took a different tack.
$60M M-F Project Green-Lighted for Raleigh’s Apartment Hungry Gen-Y
SkyHouse Raleigh, a 320-unit luxury high-rise, will soon sprout up downtown now that Novare Group, Batson-Cook Development Co. and Edison Land have issued a notice to proceed for the $60 million project.
ULI Special Report: DC Falls in Investors’ Eyes
The 2014 Emerging Trends in Real Estate report contained few surprises, but traditionally durable Washington, D.C.’s drop to No. 22 in the ranking of cities with the best investment activity speaks volumes about the uncertainty the federal government has produced.
ULI Special Report: Changing Cities
The world is shrinking, sharply defining where people will live, work and play: Those were the opening remarks at the ULI Fall Meeting in Chicago yesterday.
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