National
The Critical Bridge Between Engineers, CRE
Engineers must combine technical and business savvy with extensive knowledge of real estate finance in order to manage the risk-return balance, optimize efficiency and resiliency or generate value from long-term investments, says Joe Derhake, who leads Partner Engineering and Science, a national environmental and engineering due diligence consulting firm.
Aon Acquires The Townsend Group
With this purchase, the company’s investment organization now manages more than $130 billion of worldwide assets. Morgan Stanley & Co. served as the seller’s financial advisor.
Economy Watch Weekly: Store Closures to Accelerate in 2018
With certain retailers at risk of facing bankruptcy, the sector is expected to face a record number of store closures in 2018. Economy Editor Dees Stribling examines the implications, for the week ending Dec. 29, 2017.
Top 10 Posts of 2017
Miss out on any CPE articles in 2017? Catch up on our most popular posts of the year.
Economy Watch: Some 12K Stores at Risk of Closure in 2018
Despite a strong holiday season, retailers will still face a wave of closures in 2018 that will likely surpass the 9,000 stores closed in 2017, according to recent Cushman & Wakefield estimates.
Economy Watch: Retailers Get a Holiday Gift
This season, sales made their best showing since 2011, thanks to online shopping, early-season promotions and a comeback by some struggling categories.
Carter Validus Sells $750M Data Center Portfolio
The portfolio comprises more than 2 million square feet of net leasable space. The data centers have an average occupancy of 97 percent, with Fortune Global 500 and NYSE/Nasdaq-listed tenants.
Economy Watch: Most State Economies Improved Over Last Three Months
The Federal Reserve Bank of Philadelphia’s latest coincident indexes point to strong economic conditions in most of the 50 states.
Real Estate Financing: What to Expect in 2018
Essex Realty Group’s Douglas Fisher summarizes the evolution of the real estate market in 2017 and sets the direction for the coming year.
Forest City Initiates Major Retail Selloff
Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.