News
Economy Watch: Bernanke’s Back
On Thursday, the U.S. Senate re-upped Federal Reserve Chairman Ben Bernanke — but it wasn’t a hugely wholesale endorsement.
Economy Watch – Frayed State of the Union
Though Pres. Obama did not dwell on CRE in his State of the Union address, he did speak a great deal about credit and jobs — the industry’s lifeblood.
RiverRock Expands Southern California Reach with More than 2M Square Foot Contract
The contract expands RiverRock’s presence in the industrial sector as well as its dealings with institutional clients.
Morgan Stanley Gives $110M Boost to Hard-Hit Affordable Housing Market
Morgan Stanley has given a $110M boost to Chicago-based Low Income Tax Credit syndicator National Equity Funds Inc. in order to inject necessary funding into low-income multifamily projects across the nation.
Economy Watch – Consumers a Little Less Fidgety
Consumers less pessimistic, but Case-Shiller indices show home prices down in 16 of the 20 major markets covered. Also, consolidation may be a wave of the CRE future.
JLL Report: Cautious Optimism for 2010
The firm’s January Global Market Perspective contends that we have reached or are near the bottom — but that a slow recovery is at hand.
KDC, Digital Realty Join Forces
The combined companies hope to offer a unique turnkey solution for owners and developers of data centers.
Economy Watch – A Floor for Residential Real Estate?
Some badly shaken markets are going from very bad to less bad, bolstering the idea that residential real estate has hit bottom. However, banks are still being shut down — perhaps even at last year’s pace.
Economy Watch: Fools-A-Plenty
The greater fool in the Stuyvesant Town-Peter Cooper debacle? Time will tell. Meanwhile, sales figures may or may not bloom in spring, and the banks are still feeling the pain of CRE debt.
Executive Series – Stephen Furnary
ING Clarion chairman & CEO Stephen Furnary comments on new directions for the real estate investment advisory business.