Crossposting
ULI Report: Bair, Housing Experts Consider Government, Bank Roles
Opening keynote speaker Sheila Bair and a panel of housing experts offered a mixed view of government and lender involvement during the first general session of the Urban Land Institute Fall Meeting on Wednesday.
Yardi Acquires Public Housing Management Software Developer VisualHOMES
This latest acquisition combines the public housing technology expertise of VisualHOMES with Yardi’s browser-based Yardi Voyager PHA solution for subsidized housing.
REIT Week 2010: Neithercut Sees Good Times Ahead, and Not Just for Equity
David Neithercut, president and CEO of Equity Residential, speaking during REITWeek 2010 during a general session and also during smaller presentation by his company, expressed surprise not that the apartment sector is experiencing a recovery, but that it started so soon.
SPECIAL REPORT: ABA Panel Outlines Potential Situations in LLCs that Need to be Considered at Time of Formation
The LLC is one of the most widely used, but by no means straightforward, ownership entities today. When creating the original LLC contract, many potential situations need to be anticipated.
Paths for Leadership Pondered at ULI Summit
Whatever their regions or business lines, all commercial real estate executives today face the same fundamental question: what is the best way to move forward in this promising but still highly unsettled market?
More Upbeat ULI Summit Finds Big Finance Players ‘Back on Offense’
Only a year ago, the atmosphere at the Urban Land Institute’s spring summit in Atlanta was dour, even fearful, recalled the organization’s CEO, Patrick Phillips. This week, the ULI’s national meeting in Boston revealed an unmistakable change.
SPECIAL REPORT: MBA Makes Predictions for Economy, Interest Rates, Unemployment, Commercial Real Estate
Commercial real estate market conditions are not likely to ever return to levels last seen at the peak of the market in 2007, according to Jay Brinkmann, chief economist and senior vice president, research and economist, of the Mortgage Bankers Association (MBA).
Eyeing Market Opportunities, M-F Developer Expands into Acquisitions
After multiple quarters of dismal investment activity, new funds and investment entities are cropping up to capitalize on the discounted commercial real estate assets that are hitting the market. Atlanta-based Wood Partners L.L.C. has just entered the game, too. The multi-family developer has expanded its business platform to include acquisitions.
Economic Update – Pending Home Sales Reach for Unexpected Highs
The National Association of Realtors said Tuesday that its index of signed sales contracts, which is regarded as a harbinger of home sales in the very near future, spiked upward 6.7 percent nationally in April to 90.3. That much of a rise hadn’t been expected by analysts, and represented the quickest upward movement of the index since late 2001. A mixture of factors seemed to be driving buyers. Prices are down, first-time buyers have that $8,000 tax credit to spur them on, and until last week at least, mortgage rates were remarkably low. Regionally, the Northeast saw an enormous increase…
Philadelphia: Soon to be America’s Greenest City?
If Philadelphia mayor Michael Nutter meets his goal, the City of Brotherly Love could soon be called the City of Sustainability instead. He plans to make the nation’s first capital the greenest city in America. And he has set out 15 targets to achieve that goal by 2015, before his term is up. The plan is practical, too. “This is not an environmental plan; this is an economic plan,” said Mark Alan Hughes (pictured), director of the Mayor’s Office of Sustainability and a senior advisor in his cabinet, speaking as the opening keynote at CPN’s inaugural Hidden Opportunities conference in…