Brokerage News
Grubb & Ellis CEO Scott Peters Steps Down Suddenly
After less than eight months as CEO and director of brokerage firm Grubb & Ellis (NYSE: GBE), Scott Peters resigned from his post today, effective immediately. ...
Do I Hear A Bid?
The distressed residential real estate market early this year generated plenty of headlines about sprawling Long Island mansions, surplus Miami condos...
Tenant Rep Firms Are a Hot Commodity
Suddenly tenant representation firms are the next big thing. Now that Chicago-based Jones Lang LaSalle (JLL) has formalized its purchase of Dallas-based...
A Merge-or-Else Strategy
When rumors of a possible merger between service firms Jones Lang LaSalle (JLL) and Staubach first began swirling in late May, the brokerage industry...
Brokerage Articles
Derivatives Debut in Commercial Real Estate
With capitalization rates flattening in most markets, commercial real estate owners face the real possibility that their property values may drop for...
Fed Rate Cut May Accelerate Rising Construction Costs
The already high cost of commercial development will head higher in 2008 as a depressed dollar increases the price of fuel and materials...
Investor Timeout
After 17 straight rate increases, the Federal Reserve felt compelled to do something radical an about-face. To help jump-start the economy and assuage...
Job Losses: Bitter Pill to Swallow
The net loss of 4,000 jobs in August took the nation by surprise when the figures were released by the Bureau of Labor Statistics on Sept. 7 and reinforced...
A CMBS and CDO Primer
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...
Cost of Capital Proves Volatile for Borrowers
Gary E. Mozer is principal and chief executive of George Smith Partners, a Los Angeles-based real estate investment and mortgage banking shop. Last year,...
Weathering the Storm
So much for the forecast that shoddy subprime lending was an isolated event. What started as a spike in residential mortgage delinquencies and foreclosures...
Headhunters Target C-Suite Talent
Like a hunter on safari, the talent scout tracks his prey, zeroing in on the best and brightest executives for companies that buy or build the nation's...
Twister of Fate
In early 1999 and 2000, community leaders in the small town of Parsons, Kan., population 12,000, were busy outlining an economic development revitalization...
FAREWELL CHEAP DEBT
At the halfway mark of 2007, leveraged investors are saying goodbye to the lowest commercial mortgage rates in 40 years and are coming to grips with increased capital costs....
