Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
Long after Monday’s closing bell — just after 8 p.m. EST — Chicago-based Jones Lang LaSalle (JLL) and Dallas-based The Staubach Co. formally announced their long-anticipated merger. The $613 million deal caps weeks of intense speculation and makes...
Santa Barbara, Calif.-based Yardi Systems founded in 1984 provides investment, asset and property management software for more than 15,000 businesses, corporations and government agencies around the world. Anant Yardi, the firm’s CEO, spoke with ...
Self-storage real estate investment trusts (REITs) reported total returns of more than 23% year-to date at the end of April, based on an index maintained by the National Association of Real Estate Investment Trusts. That number made self-storage...
Part 1 -Symbols of the Modern WorldPart 2 -57 Stories of LightPart 3 -Pride of NashvillePart 4 -A Labor of IndecisionPart 5 -World Title ChampionPart 6 -A Building that Breathes ...
When granted by municipalities to allow developers to build more units on a given site than local zoning laws would normally allow, density bonuses can be useful tools. In theory this lowers the cost per unit so the developer can make some portion...
Most architects maintain $1 million or less in professional liability insurance, and the large firms typically carry no more than $5 million. Simple human mistakes, like miscalculating a structural load or specifying the wrong type of concrete...
When a Goldman Sachs representative called Mark Schurgin, president of Los Angeles-based The Festival Cos., two years ago, the caller wanted to discuss starting a fund. Schurgin's reaction was decisive: Not interested. Despite the rebuff, the Gol...
The commercial paper market is in disarray, real estate lending has ground to a halt in many markets, and mortgage brokers everywhere are running for cover. But not Cohen Financial Corp. in Chicago. CEO Jack Cohen is opening new offices, hiring...
