Commercial Real Estate News:
 
CoStar's People of Note (Jan. 29-Feb. 4)
2/2/2012 10:47 PM
This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC. LOS ANGELES Cockrum Joins Lowe Enterprises Investors as SVP By Laurie Forbes Lowe Enterprises Investors hired William M. Cockrum IV as senior vice pres...Read More
 
GREEN LEAD | Green Building News from CoStar
2/2/2012 8:05 PM
GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com Latest Research on ...Read More
 
EXCLUSIVE: C-III Capital's Robert Lieber On NAI Global Acquisition and Growth Plans
2/1/2012 10:23 PM
Real estate investment firm C-III Capital Partners LLC last week completed its acquisition of Princeton, NJ-based NAI Global. The long-awaited closing came seven months after the transaction was announced in June, leading some to wonder if the deal had fallen by the wayside. But C-III was hardly idle during that time, acquiring three other companie...Read More
 
Latest Potential Investor In Grubb & Ellis Emerges From Talks Without Agreement
2/1/2012 9:13 PM
A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission. Under the previous agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, head...Read More
 
Warehouse Occupancy Rising, Market Remains Stable and Positive, Still Not at Point for Higher Rents, New Construction
2/1/2012 8:33 PM
With the gradual return of economic growth, including higher levels of manufacturing and consumer spending, the vacancy rate for U.S. warehouses continued to decline at the end of 2011 as the property sector was buoyed by its strongest quarter for net absorption since late 2008. The vacancy rate tracked across 210 markets by Property and Portfol...Read More
 
No More Fear and Loathing of CRE Lending for Banks
2/1/2012 8:15 PM
As economic headwinds subside, the commercial real estate lending business for U.S. banks has hit an inflection point. For the first time in five years, a majority of banks are finally talking about their ability to grow their loan portfolios. While the sentiment among banks is neither unani...Read More
 
Back in Business: CRE Sales Volumes Make Strong Comeback
2/1/2012 8:13 PM
The dollar volume of commercial real estate sales vaulted back to longterm historical levels in 2011. CoStar Group has confirmed $291.6 billion in CRE sales in 2011, a 32% increase over the sales volume in 2010. Last year's volume bested the 12-year average volume of $254.2 billion. However,...Read More
 
Bank Watch: First Billion-Dollar Bank of the Year Fails
2/1/2012 5:07 AM
Regulators took over four banks in the past week, including the $1.2 billion-sized Tennessee Commerce Bank of Franklin, TN, one other Tennessee bank and one each in Florida and Minnesota. Republic Bank & Trust Co. (RB&T) in Louisville, KY, acquired Tennessee Commerce Bank from the Federal Deposit Insurance Corporation ("FDIC"). In addition to...Read More
 
Real Money: Goldman Sachs Hits the Street with $1.15 Bil. CMBS Deal
2/1/2012 5:05 AM
Goldman Sachs is the putting out the first new CMBS offering of 2012. GS Mortgage Securities Trust 2012-GC6 is a pool of 80 fixed-rate loans totaling $1.15 billion and backed by 127 properties. The loans were originated by Goldman Sachs Mortgage Company (45.8%), Citigroup Global Markets Realty Corp. (45.1%), and Archetype Mortgage Funding ILL...Read More
 
In The Pipeline: CoStar Development & Construction News for Jan. 29 - Feb. 4
1/30/2012 9:03 PM
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 Read More





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