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...
Amid the slowing economy, flagging housing market and unfolding credit crunch, neighborhood and community center REITs posted lackluster results during the third quarter, suffering as consumers reined in spending. Still, the sector as a whole is...
Ductwork has enabled many movie heroes to infiltrate locked offices. But those looking to penetrate 1 Victory Place — a 17-story office tower being built in Dallas — will have to find a different means of entry: The building, under development by...
With capitalization rates flattening in most markets, commercial real estate owners face the real possibility that their property values may drop for the first time in years. Thanks to new indices from some of the country's top traffickers in...
