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Back to the Salt Mines
By Marcelo Bermúdez, President, Figueroa Capital Group, a subsidiary of Charles Dunn Co.: It has been a month since the election, and the rhetoric regarding the fiscal cliff, the fiscal equivalent of Y2K per economist Dr. Peter Linneman, has taken center stage for pundits and newsrooms.
JLL Announces Leadership Changes: Roberts CSO, Martin CEO
Positioning itself for further growth, Jones Lang LaSalle has made two key leadership changes, promoting Peter Roberts to a newly created Chief Strategy Officer post and moving COO and CFO Lauralee Martin up to Roberts’s current job of Chief Executive Officer, Americas.
Lehman Brothers to Sell Archstone to Equity Residential, AvalonBay for $6.5B in Cash, Stock
Lehman Brothers Holdings has entered into a definitive agreement to sell full ownership of Archstone Enterprise L.P., its single largest asset, to Equity Residential and AvalonBay Communities for cash and stock with an aggregate value of approximately $6.5 billion.
Black Friday Spending Soars Due to Early Store Openings, Mobile Device Shopping
This year, several major retailers across the United States started the holiday shopping season several hours ahead of the traditional Black Friday frenzy.
Global REIT Markets on Upward Trend
By Robert Lehman, Global Director of REIT Services, Ernst & Young LLP: Globally, REIT markets made solid gains in the latter half of 2011, and first quarter 2012 data confirms this trend.
Land & Development: Change You Can Believe In
By Tom Kirschbraun, Managing Director, Jones Lang LaSalle Capital Markets: Over the past few years, adjectives describing the world of land sales and development verged on the apocalyptic.
Net Lease Cap Rates Reach Unprecedented Level
By Randy Blankstein, President, The Boulder Group: Cap rates in the net lease sector remained near unprecedented levels across the retail, office and industrial sectors through the third quarter of 2012.
Fiscal Cliff Notes
By Robert Bach, National Director, Market Analytics, Newmark Grubb Knight Frank: With the 2012 elections over, attention has turned to the looming “fiscal cliff,” the combination of tax hikes and spending cuts totaling approximately $718 billion in calendar year 2013 that threatens to tip the economy into recession.