Paul Rosta
Colliers Taps Dahlstrom to Lead Investment Services
The appointment signals a push to take market share in the institutional investment arena.
Energy Upgrade Plan Wins Kudos
The Obama administration has unveiled its energy efficiency proposal. Industry observers especially like provisions that are intended to make it easier for energy upgrades to pencil out.
L.A. Uses Tax Breaks to Lure Gensler
Even in a recovering office market, it is unusual for a modest-size 45,000-square-foot office lease to command the attention of a big-city mayor and other officials. That was the case in Los Angeles, however, as the mayor and other leaders publicly touted the architectural firm’s decision to relocate to the City of Angels as a vindication of its pro-business policies.
Office Market Continues Rebound: Colliers Report
Around the country, absorption is up, vacancy is slipping and rents for Class A product in central business districts are on the rise.
ULI Taps Development Executive Rummell as 2011-13 Chairman
The 40-year industry veteran has served as chairman & CEO of the St. Joe Co., noted for incorporating nature-sensitive elements into its projects, and as Disney Development Co.’s president.
Economy Watch: ADP Eyes Job Gains; Moody’s Projects CMBS Surge
ADP reports that job gains seem to be continuing as last month’s numbers spike above the six-month average.
CMBS Delinquencies Hit New Peak, but Growth Rate Slows: Trepp Report
By Paul Rosta, Senior Editor CMBS delinquencies reached an all-time high of 9.34 percent last month, but that dubious distinction may mask something of a silver lining. Although the total delinquencies may continue to tick up for a while, they are also increasing far more slowly than they were just a few months ago, according to Trepp L.L.C. “While the rate continues to head higher, optimists can point to the fact that the rate of increase is significantly smaller than it was in the prior two months,” said Marius Clancy, managing director at Trepp, in a statement accompanying the monthly…
South Florida Retail Center Fetches $66M in Sale to REIT
New owner Federal Realty Investment Trust cited the property’s densely populated Broward County trade area as well as its significant redevelopment potential.
Front Runners
This year marks the 14th anniversary of CPE’s annual executive awards program, a longstanding tradition whereby industry executives themselves decide who have been the true leaders during the previous 12 months. This year’s winners of the CPE Executive of the Year Awards represent a striking cross-section.
GGP to Exit Bankruptcy in Early November
General Growth Properties Inc.’s improbable fight to survive is about to become a reality.