Paul Rosta
Mentoring Millennials: Insights From a Young Property Manager
A young property manager offers insights into mentoring an energetic, ambitious and tech-savvy generation.
Building Costs Climb as Development Revives
As development picks up speed, a steady rise in prices is an inevitable side effect. The cost of building has increased 4.3 percent since the third quarter of 2012, according to Turner Construction Co., which has tracked trends in construction prices for decades. For strategies to add greater value through asset upgrades, turn to “Makeovers in Motion” in the December 2013 issue of CPE.
Makeover Gallery: Upgrading Vintage Assets
Across property categories and in all markets, vintage properties are receiving creative upgrades. Investors, property managers and architects are joining forces to infuse older buildings with new life. We offer a slideshow of some exemplary efforts. For strategies to add greater value through asset upgrades, turn to “Makeovers in Motion” in the December 2013 issue of CPE.
Title Wave: Where Premium Volume is Growing Fastest
*Title insurance premium volume for second quarter of 2013 compared with Q2 2012. Source: American Land Title Association For more on best practices for working with title insurers in today’s investment market, see “Handle with Care” in the December 2013 issue of CPE.
Gibson to Succeed Pelusi as CEO of HFF; Thornton Named President
Veteran HFF Inc. executive Mark Gibson will succeed John Pelusi as the firm’s CEO. Joe Thornton, another longtime leader at the company, will take Pelusi’s place as managing member of HFF’s two operating partnerships and will also assume the title of president. Both appointments, and Pelusi’s resignation, will take effect next April 1.
Colliers: NYC Office Leasing Ahead of ’12; Sales Prices Near Peak
The largest U.S. office market is on a pace to record 26 million square feet of leasing activity; Class A Midtown sales prices top $1,100 per square foot.
CPE 100 Quarterly Sentiment Survey: Service Sector to Lead Consolidation Trend
The wave of corporate acquisitions in commercial real estate will continue to pick up speed during the next several quarters, and executives welcome the trend as a plus for the industry.
BREAKING NEWS: ARCP to Buy Cole for $11.2B, Creating Largest Net-Lease REIT
Expected to close during the first half of 2014, the deal would create a $21.5 billion company.
IREM Special Report: Getting and Keeping Young Talent
Young property managers and executives offer insights at IREM’s fall conference in Scottsdale.
Economy Watch: Lukewarm Jobs Report; Uptick in Construction Spending
The unemployment rate dipped slightly to 7.2 percent as businesses added 148,000 new jobs.
You must be logged in to post a comment.