National
Most Sectors Near Peak, But Crash Unlikely: RCLCO
A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.
Economy Watch: Aging Population to Support Medical Office Demand
The population of people over age 65 is expected to nearly double between 2015 and 2055, which is an encouraging factor supporting long-term demand for medical office space, according to a new CBRE Research report.
Economy Watch: US Hotels to Grow at Slower Pace in 2018
Excess supply is a major reason why 50 of the 60 top markets CBRE Hotels’ Americas Research highlighted in the firm’s latest report are projected to see a declined in occupancy in 2018.
NKF Adds Net-Lease Vets to Team
The company has appointed Ken Hedrick as executive managing director, while Jerry Hopkins and Andrew Ragsdale will become senior managing directors.
Celebrating 30: The Fall of Paired-Share REITs
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: The end of paired-share REITs. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
Stonemont Buys $1.3B Net Lease Portfolio
CBRE Capital Markets arranged the transaction on behalf of the seller, Oak Street Real Estate Capital, and secured $1.1 billion in acquisition financing for Stonemont. The deal encompasses 100 assets in 20 states.
Economy Watch: Architects Keep Busy for Sixth Straight Month
Increases in design billings across all major regions and construction sectors signal future growth in design and construction activity in the coming months, according to the American Institute of Architects’ latest Architecture Billings Index report.
C&W Expands PDS Team
With more than 15 years of working together at various companies including Eagle Rock Partners, CBRE and Trammell Crow Co., Ken Loeber and Terry Rennaker are bringing their partnership to Cushman & Wakefield’s Project & Development Services.
The MOB Cure: CBRE Report
Although the niche faces uncertainties surrounding federal health care policy, the demographics behind medical office building demand offer strong reasons for optimism.
Gramercy to Launch E-Commerce JV, Make Large Logistics Buy
With this deal, the company’s 2017 investment volume will hit $998 million. It currently has an additional $386 million of acquisitions awarded or under contract.