Nicholas Ziegler
2012 May Be Pivotal for U.S. Equity REITs, For Better or Worse
By Steven Marks, Head of U.S. REITs, Fitch Ratings
After nearly two years of stable credit trends, 2012 may be the year that Fitch Ratings revises its outlook on the U.S. equity REIT sector.
Coming Off a Strong 2011, Net-Lease Deals Poised to Grow in '12
By Coler Yoakam, Director, Net Lease Platform, Holliday Fenoglio Fowler L.P.
The net-lease industry had a strong year in 2011, with volumes nearly 200 percent greater than 2009. Here are four reasons why 2012 could be even better.
Since the Slowdown, All Vehicles Have Surged
By Jimmy Board, Senior Vice President, Jones Lang LaSalle Inc.
Transactions in all product types have surged from the economic slowdown of late 2008. Through the third quarter of 2011, the four primary asset classes have seen a combined 77 percent increase in volume.
Whither Cap Rates? What 2012 Will Bring
By Bob Bach, Senior Vice President & Chief Economist, Grubb & Ellis Co.
There are three reason why cap rates may be on the decline this year: the improvement in leasing markets, the decline of distressed assets and the 500-point spread between Treasurys.
Recovery Returns to Core Metros, Five Years Off for Others
While there were a lot of positive moves in the country’s strongest office markets during 2011, the smaller cities will likely have to wait a few years to see their recoveries.
Lucescu Closes Phase Two of $166M Scottsdale Promenade Sale
In a $66 million deal that completes the second phase of the Scottsdale Promenade sale, Lucescu Realty has sold the Promenade Corporate Center to Excel Trust, a publicly traded REIT.
Marriott Buys NYC's Clock Tower for $165M, Plans New Luxury Hotel Brand
After acquiring New York City’s Clock Tower building at 5 Madison Ave. in 2007 for $200 million, Africa Israel USA has sold the property to Marriott International for $165 million.
Will 3 WTC Be 80 Stories, or Just Seven? Yes!
While there’s been speculation as to whether 3 World Trade Center will cap at seven stories, rather than its planned 80, the project’s goal is still very much alive, according to Silverstein Properties’ CEO Larry Silverstein.
Economy Watch: President Devotes Most of State of the Union to the Economy
As expected, President Obama laid out numerous elements of his economic program in Tuesday’s State of the Union address. And the Bureau of Labor Statistics reported that in December, 37 states and the District of Columbia recorded unemployment-rate decreases.