Nicholas Ziegler
GE Capital Launches $535M Investment in European Office Properties
Despite the European markets being as unsteady as — if not more unsteady than — domestic markets, GE Capital Real Estate is making a big bet on quality office assets in England, France and Germany with $535 million (400 million euro) secured from third-party sources.
Miami-Based Investment Firm Grabs 30-Story Chicago Multi-Family Tower
CH South Michigan Apartments, a vehicle of Miami-based Crescent Heights, purchased Chicago’s 1212 S. Michigan Ave., picking up the 30-story, 344-unit tower for approximately $60 million.
Brookfield Buys Prudential's Real Estate and Relocation Services Unit
Prudential Financial has sold its real estate and relocation services business to Brookfield Residential Property Services for approximately $110 million, subject to an adjustment based on the closing-date net book value.
Economy Watch: Consumer Borrowing Up – but Not the Plastic Kind
U.S. consumer credit increased at an annualized rate of 3.75 percent in October. The U.S. banking industry is looking to shed domestic office space while expanding internationally. And Congress is still dithering over whether or not to prolong the cut in payroll taxes.
Despite Erratic Markets, Retail REIT Fundamentals Stable
By Merrie S. Frankel, Vice President & Senior Credit Officer, Moody’s Investors Service
Moody’s has a stable outlook on 17 of its 18 rated retail REITs and does not expect the investment-grade retail REITs to see material changes to their current ratings or rating outlooks over the next year, although there is a bifurcation among retailers.
Blending and Extending Net-Lease Agreements
By Randolph T. Mason, Senior Vice President & Partner, Lee & Associates Commercial Real Estate Services
When clients are looking to reduce rent on their facilities, I often tell them to look at the blend-and-extend concept.
An Overview of the Overview: What to Look for in 2012
By Bob Bach, Senior Vice President & Chief Economist, Grubb & Ellis Co.
Grubb & Ellis researchers have completed a draft of the company’s 2012 forecast report, and it looks like next year is going to be slow going.
Being a David in a Goliath-Funded Market
By Marcelo Bermúdez, President, Figueroa Capital Group, a subsidiary of Charles Dunn Co.
While everything in the market seems to be trending big, what are you going to do if you’re not a behemoth player?
'Tis the Season: Year's End Drives Hot Retail Pricing
The weather’s getting colder, but purses and wallets are getting warmer — and, in the retail space, retailers, landlords and investors are eager to capitalize on pent-up consumer demand.