the Editors of Commercial Property Executive
Brixmor Names Angela Aman Chief Financial Officer
Angela Aman will succeed Barry Lefkowitz as chief financial officer of Brixmor Property Group, effective May 20, 2016.
Simply Self Storage Hires SVP of Corporate Growth
Joe Robinson joins Simply Self Storage as senior vice president of corporate growth.
Steinbridge Group Appoints First CEO
Former Wall Street and NYC Economic Development Corp. executive Tawan Davis has joined the Steinbridge Group as the first-ever CEO.
Economy Watch: Consumer Confidence Drops Modestly in April
Consumers’ inclination to spend declined slightly in April, indicating that their expectations for economic growth to gain momentum anytime soon are lower.
Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Economy Watch: CMBS Loss Severities Steady in ’15
A new report from Fitch Ratings revealed CMBS loss severities held steady in 2015, but loss severity is expected to rise somewhat this year.
Indianapolis’ Largest Rental Developments Completed in 2015
No fewer than 19 apartment communities were delivered in Indianapolis last year, adding more than 3,500 units to the city’s rental inventory.
Procaccianti Group’s Hotel Division Promotes New President & CDO
Meet Paul Sacco, president & chief development officer of TPG Hotels & Resorts, a division of the Procaccianti Group.
Los Angeles’ Largest Rental Developments Completed in 2015
Last year’s balance sheet shows 23 new rental projects of 50+ units were completed in the area, adding 3,782 new apartments to the inventory.
Economy Watch: Manufacturing Not Rebounding from Slack Q1
Markit’s latest U.S. manufacturing PMI dropped to its lowest level in more than six years, reflecting the sector’s continued sluggish growth in 2016.