Finance
Starwood Retail to Buy 7 Taubman Malls for $1.4B
Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.
LaSalle Hotel Properties Wraps $93M Sale of Hilton Alexandria Old Town
The Bethesda-based REIT, which announced the sale earlier this month, acquired the 246-key hotel in 2004 for $59 million.
HCL-MarqE Buys 352 KSF Retail Center in Houston
The new owners acquired the property, which is located on I-10 West, from a joint venture of Canyon Capital Realty Advisors L.L.C. and Fidelis Realty Partners.
Guest Column: Barclay Aggregated Bond Index Changes to Benefit Multi-family
Bill Hyman of Centerline Capital outlines impacts of some pending changes to the Barclays Capital Aggregate Bond Index, set to take effect on June 30.
Executive Spotlight: Jeff Hanson, American Healthcare Investors
When it comes to skin in the game, Jeff Hanson and his colleagues at American Healthcare Investors, the co-sponsors of Griffin-American Healthcare REIT II, are leaders of the pack.
The NYC Affordable Housing Plan: The Complexities of a $41B Endeavor
New York City Mayor Bill de Blasio’s new $41 billion affordable housing plan, Housing New York: A Five-Borough, Ten-Year Plan, covers a lot of ground. And it has to. Here are some specifics and how they could be accomplished.
Economy Watch: Underwater Mortgages Drop, Non-Manufacturing Sector Expands
Black Knight released its Mortgage Monitor report for March yesterday, reporting a decrease in delinquent U.S. residential mortgages over the previous month. And economic activity in the non-manufacturing sector was up again in April, according to the Institute for Supply Management.
Guest Column: A Bid for TRIA
Commercial real estate industry executives are watching Congress closely as it considers whether to extend the Terrorism Risk Insurance Act, a backstop for private insurance companies so they can offer terrorism insurance.
ULI Special Report: Smart Moves for Smart Capital
While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk. Mike Ratliff reports from ULI’s Spring Meeting in Vancouver.