Suzann D. Silverman
Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also serving a second term as a board member of the National Association of Real Estate Editors. You can reach her at [email protected].
Lodgian’s Stockholders Green Light $270M Merger with Lone Star
Lodgian Inc. shareholders met on “Tax Day” to sign off on a deal that calls for Lone Star affiliates LSREF Lodging Investments L.L.C. and LSREF Lodging Merger Co. to acquire the hotel company for a cash sum of $2.50 per share for all outstanding stock.
SL Green to Shell Out $193M for Manhattan’s 600 Lexington
SL Green Realty Corp. is about to pump up its enviable Manhattan office portfolio with the addition of the 303,500-square-foot tower at 600 Lexington Ave. While not one of those highly anticipated “fire sale” deals that never quite materialized in the commercial real estate market, it is still a good buy.
Hessam Nadji on Confidence and the Economic Recovery
Hessam Nadji blogs on CPE’s From the Inside on why confidence is key to the economic recovery. For more of his insights and blog posts from other industry experts, log on to From the Inside.
Economy Watch: Some Homeowners Back From the Brink
The Mortgage Insurance Companies of America said this week that the number of U.S. homeowners who caught up with their delinquent mortgages in February was actually higher than the number who slipped into default for the first time. That hasn’t happened in nearly four years.
Jeffrey Finn: Finding Opportunities
NAI Global president & CEO Jeffrey Finn comments on CPE TV about the state of the real estate market and identifies areas of opportunity.
Prudential, Johnson Capital Form Multi-Family Partnership
Prudential Mortgage Capital Co. has long wanted to add Freddie Mac Program Plus capabilities to its quiver. A new strategic partnership with Johnson Capital makes that possible.
Yardi Aims to Expand PropertyShark Nationwide
PropertyShark marked the latest company purchase by Yardi Systems Inc., expanding the investment management and property management software provider into the real estate data realm.
New Calkain Division Geared Toward Urban Growth
From retail condominiums to big boxes, Jonathan Hipp views Washington, D.C.’s urban retail market as a place for growth. And with the formation of Calkain Urban Investment Advisors , he is prepared to be at the forefront.
Economy Watch: Brookfield Aims to be GGP Stalking Horse
General Growth Properties Inc. has filed documents with the U.S. Bankruptcy Court for the Southern District of New York describing its proposed deal with Brookfield Asset Management, Pershing Square Capital Management and Fairholme Capital Management.
New Legislation Sparks Plan for $300M Hard Rock Casino in Atlantic City
By Barbra Murray, Contributing Editor
Forming a strategic alliance with New York-based private equity fund Och-Ziff Real Estate, Orlando-headquartered Hard Rock International is making a move to get in on the ground floor of new gaming opportunities that may ultimately arise from the introduction of new legislation in New Jersey this week.