This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and San Diego. DETROIT Farbman Group Promotes Gutman, Kalil By Tim Heise Farbman Group, a Southfield, MI-based, full-service real estate solutions company, has promoted CFO Andrew Gutman to president of the company. Gutman joined […]
Following a recent string of relentlessly unexciting market trends in retail real estate over the past several quarters comes this distinctly positive news for retail property owners -- quoted asking rents have finally turned upward across all retail property types in the U.S. for the first time since 2008. "This is a symbolic victory," said CoStar […]
Just like clockwork, after ending 2012 on an upswing, commercial real estate pricing softened in the first three months of 2013, according to the latest findings from the CoStar Commercial Repeat Sale Indices (CCRSI). Despite uneven performance in the first quarter, CRE prices have still increased appreciably from year ago levels and the recovery continued t […]
Looking for to buy some land, office buildings, warehouses, shopping center or hotel investment properties and want less chance of being out bid by a REIT? You may be in luck. The nation's largest publicly held real estate investment trusts and real estate operating companies have billions of dollars worth of commercial real estate they are trying to ge […]
The trend in less square footage requirement per employee has serious implications for landlords with near-term lease rollover risk, according to new analysis from Wells Fargo Securities. Older existing office leases initially written in the era using the higher square footage requirement per employee are likely to renew under a more efficient standard. Look […]
By: Francesca Cooke Urban populations across the country are swelling, often much faster than reasonably priced housing options, and cities are left grappling with serious affordability shortages. The young adult cohort, with its limited incomes and mountain of college debt, is especially feeling the pinch. Many Echo Boomers have no choice but to live in the […]