Ford Factory

The ROI of Converting Class-B Buildings to Compete with Class-A

Partner Engineering and Science rents 40 offices in markets throughout the United States. Most are in class-B buildings, some are in class-A, and very few are in class-C. Which of the…
interest-rate-rising.

Institutional Investors Work Harder to Boost CRE Returns

Institutional investors looking to outperform industry benchmarks are bracing for bigger challenges ahead due to rising interest rates, fewer transactions and a lower trajectory for appreciation…
construction-money

Construction Costs Spike for Multifamily Projects

The cost of construction is rising rapidly for apartment developers and contractors. “I expect contractors to pay 4 percent to 5 percent more in 2018 than in 2017,” says Ken Simonson,…
Freddie-Mac

Hedge Funds Rejected by Top Court on Fannie, Freddie Suits

(Bloomberg)—The U.S. Supreme Court dealt hedge funds and other big investors a blow Tuesday by refusing to revive core parts of lawsuits that challenged the federal government’s capture…
lawsuit

Kushner Cos. Sued by Times Square Food Hall Tenant Over Lease

(Bloomberg)—A dispute over space at a Times Square property owned by Kushner Cos. has escalated into a lawsuit. Outstanding Hospitality Management, a St. Louis-based operator of airport…
elevators

10 Must Reads for the CRE Industry Today (February 20, 2018)

GlobeSt.com reports that the Federal Trade Commission has cleared CoStar Group’s acquisition of ForRent.com. A Forbes contributor details the type of content real…
rite-aid

Albertsons to Buy Rite Aid in Latest Amazon Countermeasure

(Bloomberg)—Grocer Albertsons Cos. will buy drugstore chain Rite Aid Corp. in a deal that would accelerate the remaking of the U.S. retail and health-care industries. The takeover serves…
construction-money

Construction Costs Spike Upwards for Multifamily Projects

The cost of construction is rising rapidly for apartment developers and contractors. “I expect contractors to pay 4 percent to 5 percent more in 2018 than in 2017,” says Ken Simonson,…
Saudi Arabia flag

Saudi Sovereign Fund Dwarfs Qatar With Virgin and SoftBank Deals

(Bloomberg)—Saudi Arabia is emerging as the Middle East’s biggest deal-maker as the kingdom creates what it hopes will be the world’s largest sovereign wealth fund. Its Public Investment…
dollars-printing

What’s the CRE Strategy for Ultra-High-Net-Worth Investors?

Investment managers Paul and Wesley Karger view themselves as financial confidants for ultra-high-net-worth families and individuals. You might call them money whisperers for the well-off. The…