Holliday, Fenoglio Lead Veteran Team to CBRE

CBRE recruited Harold E. (Hal) Holliday, John T. Fenoglio, David M. Aaronson and James M. Richards Jr. as executive vice presidents. The brokers will serve in the mortgage brokerage’s debt and equity finance group in Houston. The team previously worked at Grandbridge Real Estate Capit
Read More

In The Pipeline: CoStar Development & Construction News for March 25 – 31

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project —
Read More

CapLease Receives 1M-SF Nestlé Renewal

CapLease, Inc. (NYSE: LSE) executed a lease renewal with Nestlé Holdings, Inc. for its 1,045,153-square-foot industrial property at 555 Nestle Way in Macungie, PA. The lease will commence on January 1, 2013 for a term of five years. Contract rent is $ 4.40 per square foot, incr
Read More

Lodging Sales Surge As ‘Unprecedented’ Hotel Market Run Unfolds

The U.S. lodging industry, benefitting from two years of sporadic recovery, should continue to enjoy gains in occupancy and pricing power through 2014, with rising profits luring greater levels of investment, according to a series of hospitality reports and outlooks released over the
Read More

Wall Street extends gains; major indexes up 1 pct

NEW YORK (Reuters) – Stocks extended gains on Monday, with each of the major indexes up at least 1 percent, as comments from Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies even as the unemployment rate improves. The D
Read More

New York City’s Relentless Reassessments Raise Revenue—and Eyebrows

In its 2012-2013 tax roll assessment, New York City has once again reported major increases in property values. Bucking the national trend toward flat or downward value changes, the city in January found that overall market value had grown to more than $ 876 billion, up by more than $
Read More

New Home Sales in U.S. Slightly Dip in February, Yet Up 11% Over Last Year

David Crowe According to new data released today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000. This is 1.6 percent (±23.9%) below the revised
Read More

CoStar’s People of Note (March 18-24)

This week’s People of Note includes the following markets: Charlotte, Chicago, Dallas/Fort Worth, New York City, Retail, San Francisco and South Florida. DALLAS/FORT WORTH Local Investment Sales Broker Moves to Cushman & Wakefield By CoStar Research Scot Farber joined Cushm
Read More

Stirling Industrial Park Sells for $10M

Tigertail of Hollywood LLC acquired Stirling Industrial Park, the retail, flex and industrial park at 2832 – 2858 Stirling Road in Hollywood, Florida from Stirling Industrial Park LLP. The purchase price was $ 10 million, or about $ 102 per square foot, in an all-cash transactio
Read More

Ready To Start Your Rental Empire?

How easy is it to start a real estate rental empire? Can you be a landlord? What do you need to learn to be successful? These items are discussed in this articles. Real-Estate:Property-Management Articles from EzineArticles.com
Read More