Business Specialties
Kennedy Wilson Sells L.A. Luxury Multi-Family Building for $74M
Kennedy Wilson has sold NoHo-14, a 14-story luxury apartment building in the NoHo district of Los Angeles’ San Fernando Valley, for $74 million.
Asset Campus Housing to Manage 3,648-Bed Student-Housing Development in L.A.
Asset Campus Housing adds a third property to its California management portfolio with a new assignment from GHP Management. ACH will oversee The Lorenzo, a $230 million, mixed-use student housing development that will produce 3,648 beds for students near the University of California in Los Angeles.
Corporate Cloud: How Use of Office Space Really Is About to Change
Technology is already revolutionizing workers’ relationship to the office, and commercial real estate is going to need to balance the demands of IT and emerging technologies with the benefits of face-to-face interaction.
Blazing the EC Glazing Trail Will the Next Office Development Wave Mainstream Dynamic Electrochromic Glass?
Commercial window experts have great expectations for a budding technology known as “dynamic electrochromic glazing” for window glass, which allow allows property operators to optimize solar heat gain for prevailing conditions without losing daylighting benefits.
Wielding the Scalpel: New Strategies to Maintain Control of Operating Expenses
It might seem as if property managers ran through their entire bag of cost-cutting tricks during the past couple of years, but property managers are turning to alternative means of saving dollars, including energy audits, renegotiation of contracts and tax savings.
Challenges and Opportunities: The New Normal Lending Landscape
While there is optimism in the market for 2012, there is still hesitation – and those negative factors include debt availability, the tightening of the CMBS market and the need to resolve distressed debt.
Law & Policy: Foreclose and File? Buyers of Mezzanine Loans May Be Liable for Mortgage Debt
While the purchase of a mezzanine loan typically follows a predictable path, two recent rulings have upheld the custom of the mezzanine lender being required to pay the outstanding balance of the mortgage loan prior to foreclosing on the equity interests.
Mortgage Bankers Roundtable, Part I: Maturities, Here They Come: CRE Lenders Prepare to Meet the Wave of CMBS Loans Needing Refinancing This Year
Is this the year stakeholders in commercial real estate debt will have to “face the music?” CPE spoke with top executives at Cohen Financial, Marcus & Millichap, NorthMarq and Walker & Dunlop to get their opinions on financial strategy for 2012.
Cushman: Global CRE Investment Rose 14 Percent in 2011
According to services firm Cushman & Wakefield Inc., global property markets saw a stronger-than-expected end to 2011, with all regions experiencing robust demand for well-let assets. Activity worldwide increased by 14 percent, hitting the $808 billion mark — an increase of 83 percent from the lows of 2009.
BPG Acquires Scottsdale Office Complex for $34M
Private-equity real estate fund manager BPG Properties Inc. has acquired the 223,605-square-foot, Class A Lincoln Towne Center in Scottsdale, Ariz., for $34.3 million from Lincoln Life Insurance Co.