Business Specialties
Cassidy Turley Hits $2B Mark in D.C. Office Investment Sales
The year-to-date figure marks a 450 percent increase in activity for the firm from mid-2010 to mid-2011.
Economic Recovery? Still a Ways Away, Roubini Warns
Is the economy recovering? Maybe. But Nouriel Roubini thinks we still have a ways to go.
CBRE’s Rudin to Depart for Brookfield
Mitch Rudin, who has served as president & CEO of the New York tri-state region for the last seven years, will leave the world of commercial real estate services to take on the role of president & CEO of U.S. commercial operations at Brookfield Office Properties.
Emeritus Buys Out $310M Portfolio
The firm financed the purchase of Blackstone Real Estate Advisors’ share of the assisted-living properties with $40 million in cash and an increase in mortgage debt responsibility, taking it to $220 million.
Transwestern Wins 4 MSF Management Gig
The commercial real estate firm has been given the assignment for Cabot Industrial Properties’ portfolio in Florida, a market Transwestern has targeted for the expansion of its management business.
Magleby to Head Capital Markets at Cushman
Cushman & Wakefield has tapped Curtis Magleby, a finance and investment specialist with two decades of experience, as senior managing director of capital markets & U.S. western region leader.
Construction Begins on $137.5M Radisson Blu
Carlson Hotels, the global hospitality and travel company, and equity partner Mortenson Construction have commenced construction of the upper-upscale hotel, which will become the first lodging facility to be linked to the 4.2 million-square-foot Mall of America via skywalk.
Testimony: HUD Fails to Keep Up with Mortgage Apps
The National Multi Housing Council and National Apartment Association told Congress that thousands of construction jobs could be in jeopardy, as well as revenues that could be generated for the federal government.
From the Inside: Making a Case for the GSEs
Shekar Narasimhan offers his thoughts on CPE‘s From the Inside experts blog about how the GSEs benefit the rental housing market, whether privatization is a viable alternative and the risks of failing to find a solution quickly.
WTC’s 1 MSF Condé Nast Lease to Lead Downtown’s Return to Glory
New York City’s office market has been in the slow-but-sure post-recession rebound mode for the last several months but the long-awaited announcement has created such a buzz that industry experts believe it will kick the recovery of Manhattan, and downtown in particular, into high gear.