Property Management

PM Realty Group Brings M-F Management Services In-House

The diversified service firm has brought property management under its own roof and tapped former Omnium Management Co. executive Joan Maxwell to lead its expansion.

Ashkenazy Unveils Faneuil Hall Makeover Plan

Ashkenazy Acquisition Corp. has filed plans with the city of Boston for a bold transformation of Faneuil Hall Marketplace, one of the nation’s premier retail properties.

The September digital issue of CPE is now available!

Special Focus: Investment and the Capital Markets

Servcorp Takes a Tower Floor at One WTC

Servcorp has leased a 34,775-square-foot tower floor in the 3 million-square-foot One WTC.

IREM Operating Expenses Study: Mixed Bag of Results for Federally Subsidized Properties

In the post-Great Recession climate, federally subsidized housing is perhaps more important than ever. But aside from high demand, the year-over-year benchmarks for the various forms of this housing class are anything but consistent.

IREM’s Annual Office Building Study Yields Mixed Bag of Results

IREM’s annual study looks at operating income and key expenses, analyzing some 1,717 private-sector office complexes in major metropolitan areas across the U.S. and Canada. This year’s results were varied.

JLL Chosen As Exclusive Real Estate Service Provider For Desjardins Group

Desjardins Group has chosen JLL to provide multiple real estate services for the group’s 600,000-square-foot corporate office portfolio located in Ontario, the Atlantic provinces and Western Canada.

Health Care REIT Buys Gracewell’s U.K. Portfolio for $257M

Health Care REIT Inc. has acquired a portfolio of 11 premier private-pay communities from U.K.-based Gracewell Healthcare.

2014 Top Property Managers

Responsive property management is one of the most important factors in achieving a strong bottom line. The firms in the 2014 MHN-CPE Ranking of Top Property Managers collectively operate over 13.5 billion square feet of commercial space and nearly one million units, no small feat considering the economic climate, challenging residents/tenants, and an ever-evolving institutional real estate landscape.