the Editors of Commercial Property Executive
Hunt Mortgage Group Adds Barry Polen
The new Managing Director will further the company’s presence in New York City.
Meet Sterling Organization’s New Vice President, Investments for Florida
Milgram comes to Sterling from a stint in New York at Ackman-Ziff.
Economy Watch: Inflation Still Fairly Tame; Online Buying Increases
Tamer inflation rates signal changes ahead, while e-commerce is still pocketing the lion’s share of consumer cash.
Trading Spaces
The numbers are in and September registered some important commercial real estate deals. PropertyShark research shows the nine figure deals were based in Manhattan, outside of the Citibank Tower in Queens, but Brooklyn boasted some hot transactions as well. Here are NYC’s top 10 commercial real estate deals recorded in September 2015. #1 575-589 Lexington Avenue, Manhattan Sale Price: $510,000,000 Buyer: Angelo Gordon & Co Lp Seller: Normandy Real Estate Partners Midtown-based investment firm, Angelo Gordon & Co closed on 575 Lex, a 624,883 SF, 35 story office tower in late August. The building, built in 1958, offers 38…
Peter Nichols Joins Forces with Marcus & Millichap
Marcus & Millichap’s National Hospitality Group has a new national director.
Nancy Agee and Peter Lyle to Join Healthcare Realty Trust’s Board
Two new directors, Nancy Agee and Peter Lyle, join the board of Healthcare Realty Trust Incorporated.
Marriott-Starwood Deal Will Shake Up Franchisees, Others
CPE got an industry insider perspective on the historic Marriott-Starwood deal.
New Talents Join E Smith Realty
E Smith Realty Partners welcomes managing directors Susan Arledge, Jeff Pappas and Ann Harts.
Schostak Hires New Acquisitions Manager
Steve Black leaves job at FDIC to join Schostak Brothers & Co.
NAREIT Names 2016 Leadership
The National Association of Real Estate Investment Trusts (NAREIT) on Nov. 13 announced the election of its 2016 officers and members of its Executive Board, the organization’s governing board. Edward Fritsch, president & CEO of Highwoods Properties Inc., will serve as NAREIT’s 2016 Chair. He succeeds Equity Residential president and CEO David Neithercut. Other NAREIT officers for 2016 include: Timothy J. Naughton, chairman & CEO of AvalonBay Communities Inc., First Vice Chair Thomas J. Baltimore Jr., President and CEO, RLJ Lodging Trust; Second Vice Chair Sandeep Mathrani, CEO, General Growth Properties, Inc., Treasurer Each officer is a member of the…