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For decades, Manhattan's Financial District held zero cachet as a shopping destination. Its crooked street grid, which bears little in common with the uniform retail corridors of Madison Avenue and [...]

Prepare for a much leaner and meaner commercial mortgage-backed securities market in 2008. Domestic CMBS issuance this year is expected to drop by more than 50% to $108 billion, down [...]

Office landlords have enjoyed falling vacancies and rising rents during the past three years. But the sector's underlying property fundamentals are likely to weaken due to a softening U.S. economy [...]

It sure is tough to be a bull these days. One ominous signal: On Oct. 19, exactly 20 years after the Black Monday stock market crash, the Dow Jones Industrial [...]

Investors plunked down a record $17 billion to acquire Manhattan office properties in the first quarter. But as the credit downturn whipsawed demand for Manhattan skyscrapers, quarterly volume began to [...]

Shares in multifamily real estate investment trusts (REITs) have taken a beating of late. Through Oct. 23, apartment REIT shares plunged by 11.9% due in large part to the subprime [...]

When Denver International Airport was under development in 1990, planners knew that the 53-square mile site presented many unique opportunities beyond gargantuan terminals and abundant runway expansions. What they envisioned [...]

The commercial mortgage market faces one of its toughest credit climates in more than a decade. The most complex corners of the securitized mortgage market are getting hammered. Products that [...]

So much for the forecast that shoddy subprime lending was an isolated event. What started as a spike in residential mortgage delinquencies and foreclosures early this year quickly degenerated into [...]

A $43 million bid has cleared the way for the redevelopment of an unusual waterfront site in Long Beach, Calif. In mid-August, a private investor group billing itself as 'Save [...]

Are public hotel companies becoming an endangered species? Through the first six months of 2007, five hotel companies went private in deals valued at $7 billion, more than double the [...]

As one of the nation's fastest growing suburban office markets, Ontario, Calif. is teeming with new development. With a booming local economy, cranes are rising all over this Inland Empire [...]

Private equity-led buyouts of real estate investment trusts show no sign of slowing down at midyear. Eight large privatizations worth $43.3 billion were announced through the first five months of [...]

After four years of banner performance, the U.S. hotel market faces two questions: Can occupancy demand keep pace with a fat pipeline of new room supply? And will liquidity suffer, [...]

Industrial market fundamentals continue to slip as supply begins to mushroom nationally. Grubb & Ellis reported 132 million sq. ft. of industrial space under construction during the first quarter of [...]

Office landlords can't help but smile. The national vacancy rate has declined for 11 straight quarters, registering 13.1% at the end of March. Manhattan-based real estate research firm Reis also [...]

When Pritzker Realty Group decided to sell a Kansas City office building last summer, the private investment firm didn't hand the listing to a local broker. Like an increasing number [...]

A record $16 billion in Florida apartment units were converted into condominiums during the past two years, flooding the market with roughly 120,000 new units. Although only 5,000 of these [...]

Lower Manhattan's commercial real estate market is thriving nearly six years after the 9/11 attacks. What's fueling this rebound are a growing number of businesses and residents who see the [...]

Atlanta and Dallas have led the nation in population growth since 2000, but these Sunbelt metros continue to show stubbornly high office vacancy rates. The two cities added more residents [...]

When Equity Residential Properties Trust sold a 27,115-unit Ohio apartment portfolio for $1.09 billion last June, the nation's second largest apartment owner was in good company. Like many other large [...]

A long-running recovery in industrial property fundamentals appears to be winding down as an abundance of speculative warehouse and distribution space enters the market. Now analysts fear that some markets [...]

Richard Boyle Age: 41 Company: LoopNet Inc. Title: President and Chief Executive Officer Time in current role: 6 years Biggest accomplishment: Being part of the LoopNet team, which has created [...]

Sonny Kalsi Age: 39 Company: Morgan Stanley Real Estate Title: Managing Director Time in current role: 16 years Biggest accomplishment: Building Morgan Stanley's Asian real estate operation from scratch to [...]

When Boston's Hancock Center fetched $1.3 billion in December, the trophy sale of New England's tallest office tower brought the year to a fitting close. Office investment sales totaled a [...]

It's a brutally competitive climate for multifamily investors hunting for assets these days. Just about anything with walls and tenants has unsolicited bids on it. In the first 11 months [...]

Reaping the rewards of rising rents and positive net absorption, office owners are in good spirits these days. Asking rents posted a 1.8% increase in the third quarter, but perhaps [...]

Falling vacancies, rising rents and limited new supply have bolstered the apartment market in recent quarters. With one month left to go in 2006, many investors and market watchers believe [...]

CB Richard Ellis was already an 800-pound gorilla before it unveiled plans on Halloween to acquire Trammell Crow Co., a Dallas-based diversified real estate services firm widely recognized as having [...]

Privatization mania reached a crescendo in late November when Blackstone Group, the largest buyout fund in the world, offered to pay $20 billion for Equity Office Properties Trust (NYSE: EOP), [...]

A city hammered by Hurricane Katrina is feeling the effects of a casino-led real estate boom. In the wake of the devastating storm that roared through Biloxi with 100 mph [...]

When the 18,000-seat Sprint Center opens in Kansas City next year, local officials hope that the arena will give downtown an economic jolt. After all, other large cities have used [...]

Office investors have had plenty of reason to celebrate of late. Soaring construction costs have kept new supply in check while effective rents in the third quarter shot up by [...]

There's a new force to be reckoned with in the office market. Over the past 18 months, the top private equity firms in the U.S. - the same entities that [...]

Private investors have come to dominate office investment sales, and for one very good reason: the added purchasing power of high leverage. Unlike public office REITs, whose shareholders have less [...]

The first new full-service hotel to rise in Monterey, Calif. since the early 1980s is officially under development. In September, San Mateo, Calif.-based hotel owner and operator Pacific Hotel Management [...]

Equity Residential made quite a splash in 2004 when the behemoth apartment REIT chaired by billionaire investor Sam Zell made its first foray into Manhattan's rental market. The Chicago-based company [...]

Richard Boyle, president and CEO of LoopNet, is on a quest to draw more brokers, investors and tenants into the bustling commercial real estate marketplace known asloopnet.com. His 10-year-old company, [...]

A decade ago, when mortgage brokers originated a commercial loan it could take up to four weeks to close the transaction. The time needed to mail and ship documents between [...]

After decades of plant closings, Kalamazoo, Mich. wasn't having much luck attracting new commercial developments. Merger activity in the pharmaceutical industry also thinned its population of life sciences jobs, most [...]

Within the past few months, FBI officials have foiled early-stage terrorist plots to detonate explosives at the Sears Tower in Chicago and Manhattan's Holland Tunnel. One overriding fear, however, is [...]

Waterparks have been popular family destinations for years, but now a growing number are popping up as flagship amenities at both new and existing resort hotels across the country. The [...]

The groundswell in sales and leasing transactions that bolstered the nation's top brokerages in 2005 shows no sign of weakening. In fact, many bullish observers now expect 2006 to shatter [...]

One month into hurricane season, commercial property owners along the Gulf and Florida coasts are coming to grips with the jaw-dropping costs of insuring against future hurricanes. The reason is [...]

Where many see rusting beams and potholes, some investors see the next frontier for real estate investing. With the prices of conventional real estate hovering near cyclical highs, there is [...]

For privately held RLJ Development, the move to acquire 100 hotels from White Lodging Corp. for approximately $1.7 billion marks a strategic shift. Instead of targeting full-service hotels in large [...]

Building owners and managers have another reason to dust off their emergency preparedness plans - the growing threat of avian flu. A January 2006 Deloitte & Touche survey of more [...]

Two questions have dogged lower Manhattan's office market in recent months: Just how much new space can the market absorb, and when will it come online? With construction on the [...]

The late 1990s tech boom left the national office market chock-full of tenants, but innovations achieved during that hasty expansion aren't yielding the same results these days. Technology now appears [...]

It's hard to judge the strength of any office market solely on the basis of vacancy, which is a good thing for Boston. Vacancy in the central business district (CBD) [...]