Research Center
Durable Designs
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
2013 Leading Real Estate Law Firms
Our 2013 look at the leading real estate law practices found that firms are realigning practices to deal with current shifts in the real estate cycle.
Still in Office
By Agha Nawazish Ali Khan Since REITs are required to distribute 90 percent of their taxable income to shareholders to maintain their status, it becomes quite challenging for them to build capital reserves. Hence, capital markets serve as an important source to generate additional funding for acquisitions and ongoing operations. Year-to-date through July 1, office REITs led the sector with $3.37 billion raised through common equity offerings. Three office REITs—BioMed Realty Trust, CommonWealth REIT and Alexandria Real Estate Equities—each raised more than $500 million through their respective offerings, with BioMed Realty Trust leading the way at $668.6 million. The company…
Tightening the Gap
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
Doing Business
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
2013 Top Property Managers
Our 2013 look at property management leaders shows that third-party management continues to both grow and consolidate. On a period-to-period measure, from 2010 through year-end 2012, occupancy increased for all of the firms except for three, with those likely attributable to portfolio changes.
Griffin-American Expands Internationally with $448M Acquisition
Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.
New York City Spotlight: Paying Up
By Laura Gatea Commercial lis pendens in New York City reached a five-year low in the first quarter of 2013, dropping by 25 percent from the previous quarter and by 46 percent from the peak, recorded in the second quarter of 2009. Brooklyn compiled 51 percent of the total commercial lis pendens activity in the city; however, the current number is down 27 percent from the fourth quarter of 2012 and 39 percent year over year. Manhattan followed the overall trend of the city, with commercial lis pendens down by 65 percent from the highest value, which was recorded in…
Gainfully Employed?
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)