GlobeSt

GlobeSt Commercial real estate authority, full of news, deals, features, video interviews, breaking stories and in-depth, insightful reporting.

Breaking news, in-depth analysis and professional commentary for the commercial real estate industry. The accompanying print publication, Real Estate Forum, is in its 66th year of publication. GlobeSt.com also hosts the dynamic, industry-driven RealShare conference series around the year at a series of strategic market locations.

Mission: It is the mission of GlobeSt.com to provide in-depth and breaking commercial real estate news around the clock in major and secondary markets throughout the country. In doing so, GlobeSt.com has become the premier destination for original and timely real estate related content on the Internet. The depth and breadth of GlobeSt.com’s local and regional focus is both unprecedented and critical to filling a vastly under-served need: to provide a competitive advantage for industry participants (brokers, developers, lenders, managers, corporate executives and financiers) and to make the global, multi-trillion-dollar real estate market more efficient.

In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com...
07/09/2019
Podcast: How Tech Venture Capital Boosts Economies, Thus Real Estate

In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com how building communities energizes businesses. And that supports real estate.

In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com how building communities energizes businesses. And that supports real estate.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The applicatio...
07/09/2019
Nominations are Open for Real Estate Forum’s Fifty Under 40 List

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.

While investors are increasing their exposure to senior housing, high operating costs are a top concern.
07/09/2019
High Operating Costs, A Top Concern in Seniors Housing

While investors are increasing their exposure to senior housing, high operating costs are a top concern.

While investors are increasing their exposure to senior housing, high operating costs are a top concern.

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housi...
07/08/2019
Real Estate Forum is Seeking Senior Housing Influencers

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.

A private investor buys a 12-unit apartment community in Placentia with plans for significantly more than it was valued ...
07/08/2019
Opportunity Zone Land Sites Soar in Value

A private investor buys a 12-unit apartment community in Placentia with plans for significantly more than it was valued for last year.

A private investor buys a 12-unit apartment community in Placentia with plans for significantly more than it was valued for last year.

US apartment demand spiked during the second quarter of 2019 with product absorption climbing to a five-year high, accor...
07/08/2019
Multifamily Absorption Reaches 5-Year High

US apartment demand spiked during the second quarter of 2019 with product absorption climbing to a five-year high, according to RealPage. It reports that net move-ins totaled 155,515 units in the April-through-June time frame, topping Q2 2018 product absorption by 11%.

Building in the US apartment sector remains at three-decade highs, RealPage also reports—which could lead to near-term risk.

The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlingto...
07/03/2019
Virtua Closes on Lourdes Health System Buy

The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlington County, Lourdes Medical Associates, and Lourdes Cardiology Services—all of which are now part of Virtua.

The Lourdes Health System includes Our Lady of Lourdes Medical Center in Camden, NJ; Lourdes Medical Center of Burlington County, Lourdes Medical Associates, and Lourdes Cardiology Services—all of which are now part of Virtua.

Three reasons why healthy building certifications can positively impact the bottom line of office building owners and te...
07/03/2019
Let’s Clear the Air (Literally)

Three reasons why healthy building certifications can positively impact the bottom line of office building owners and tenants.

Three reasons why healthy building certifications can positively impact the bottom line of office building owners and tenants.

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housi...
07/02/2019
Real Estate Forum is Seeking Senior Housing Influencers

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.

Nominations are open for Real Estate Forum’s next installment of Influencers. The submission deadline for senior housing influencers is August 30, 2019.

UPDATE: HFF stockholders approved the acquisition at their annual meeting.
07/02/2019
JLL Closes HFF Deal

UPDATE: HFF stockholders approved the acquisition at their annual meeting.

HFF stockholders approved the acquisition at their annual meeting.

The opportunities in this industry are there and they are growing; go out, find them, and own them.
07/01/2019
How Women Can Build Professional Careers in CRE

The opportunities in this industry are there and they are growing; go out, find them, and own them.

The opportunities in this industry are there and they are growing; go out, find them, and own them.

Still pending is the approval by HFF stockholders at the company’s annual meeting earlier in the day on July 1.
07/01/2019
JLL Poised to Close HFF Acquisition at Day’s End

Still pending is the approval by HFF stockholders at the company’s annual meeting earlier in the day on July 1.

Still pending is the approval by HFF stockholders at the company’s annual meeting earlier in the day on July 1.

Augmented reality can help achieve better interior design in the large, expansive commercial spaces.
06/28/2019
Why Interior Designers Are Turning to AR for CRE

Augmented reality can help achieve better interior design in the large, expansive commercial spaces.

Augmented reality can help achieve better interior design in the large, expansive commercial spaces.

The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar w...
06/28/2019
White House Considers Capital Gains Tax Break

The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that would largely benefit the wealthy and may be done in a way that bypasses Congress.

The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that…

Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County i...
06/28/2019
Union County Multifamily Properties Trade for Nearly $16M

Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County in proximity to the Short Hills Mall.

Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County in proximity to the Short Hills Mall.

There has been plenty of talk coming out of Washington, DC that attention will finally turn to Fannie Mae and Freddie Ma...
06/28/2019
As Talk about GSEs' Overhaul Swirls, Multifamily Makes a Good Case

There has been plenty of talk coming out of Washington, DC that attention will finally turn to Fannie Mae and Freddie Mac to bring them out of conservatorship.

New CBRE research shows that multifamily mortgage delinquency rates remain at very low levels, a healthy—and underappreciated—performance metric for the sector.

The grocery model is evolving, and stores are integrating more technology and downsizing.
06/27/2019
Grocers Are Shifting to Smaller Store Formats

The grocery model is evolving, and stores are integrating more technology and downsizing.

The grocery model is evolving, and stores are integrating more technology and downsizing.

A tax partner and real estate partner in the law firm of Greenspoon Marder review opportunity zone scenarios when failur...
06/27/2019
Opportunity Zones: Pitfalls for CRE Lenders and Borrowers

A tax partner and real estate partner in the law firm of Greenspoon Marder review opportunity zone scenarios when failure to meet program requirements can arise.

A tax partner and real estate partner in the law firm of Greenspoon Marder review opportunity zone scenarios when failure to meet program requirements can arise.

A 14-unit apartment property in the market trades at one of the highest per-unit prices in the market.
06/26/2019
Santa Monica Pricing Continues to Break Records

A 14-unit apartment property in the market trades at one of the highest per-unit prices in the market.

A 14-unit apartment property in the market trades at one of the highest per-unit prices in the market.

Vici Properties, a REIT spun off to Caesars’ creditors almost two years ago, played a key role in financing the deal.
06/26/2019
Behind the Caesars Deal: $3.2B in Cash From the Landlord

Vici Properties, a REIT spun off to Caesars’ creditors almost two years ago, played a key role in financing the deal.

Vici Properties, a REIT spun off to Caesars’ creditors almost two years ago, played a key role in financing the deal.

We're a little over 2 weeks out from our #GlobeStWOI event! Are you joining us in Colorado? Learn more here: https://new...
06/25/2019

We're a little over 2 weeks out from our #GlobeStWOI event! Are you joining us in Colorado? Learn more here: https://news.alm.com/CNkqDXM

Considering the relevance and importance of the market, GlobeSt. Real Estate Forum is looking to shine a spotlight on th...
06/25/2019
Calling All Healthcare Real Estate Professionals

Considering the relevance and importance of the market, GlobeSt. Real Estate Forum is looking to shine a spotlight on the people and firms who have helped to shape the healthcare real estate industry and continue to drive its spectacular performance.

The nomination deadline for Real Estate Forum’s Influencers in Healthcare Real Estate is fast approaching on September 6, 2019.

CRE owners should remain prudent and prepare for an eventual correction in the US markets.
06/25/2019
Midyear Review: 5 Lessons for CRE in 2019

CRE owners should remain prudent and prepare for an eventual correction in the US markets.

CRE owners should remain prudent and prepare for an eventual correction in the US markets.

As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling...
06/24/2019
How Developers Can Curb Rising Construction Cost

As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.

As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.

Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.
06/24/2019
Eldorado Agrees to Buy Caesars for $8.6B

Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.

Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.

What’s the one thing you wish you had known when starting your career? How did you find your first mentor? Were there ...
06/21/2019
Introducing ALM Young Professionals Network

What’s the one thing you wish you had known when starting your career? How did you find your first mentor? Were there questions or topics you had no idea how to tackle?

What if you had one place to go to discuss all things career related?

ALM Young Professionals Network is a LinkedIn group dedicated to tackling issues all young professionals face including salary negotiations, leadership, diversity issues and more.

MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Cente...
06/21/2019
MCR Adds Newark Hotel to Growing Portfolio

MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Center, a major entertainment venue and home to the New Jersey Devils, for an undisclosed price.

MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Center, a major entertainment venue and home to the New Jersey Devils, for an undisclosed price.

Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.
06/21/2019
Colliers Fires CEO of Real Estate Services

Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.

Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.

Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end...
06/20/2019
Rent Control Rears its Ugly Head, Again

Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end of 2020.

Expect California, New York, Maryland, Illinois and New Jersey to enact some type of rent control legislation by the end of 2020.

As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive di...
06/20/2019
Your Gut Instinct Is No Longer a Competitive Differentiator

As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive differentiator.

As data becomes easier to attain, the relationship aspect of commercial real estate is becoming less of a competitive differentiator.

What’s the one thing you wish you had known when starting your career? What if you had one place to go to discuss all ...
06/20/2019
Introducing ALM Young Professionals Network

What’s the one thing you wish you had known when starting your career? What if you had one place to go to discuss all things career related? Introducing ALM Young Professionals Network:

ALM Young Professionals Network is a LinkedIn group dedicated to tackling issues all young professionals face including salary negotiations, leadership, diversity issues and more.

06/19/2019
Port of NY and NJ Poised to Become Nation’s Second Busiest Port

The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey’s intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.

The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey’s intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.

Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to b...
06/19/2019
Google to Invest $1B in Silicon Valley Housing

Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to build at least 5,000 affordable housing units.

Among the measures, Google will establish a $250 million investment fund that will provide incentives to developers to build at least 5,000 affordable housing units.

Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accord...
06/18/2019
Beacon Capital Reportedly Sells Boston Office Complex for $110M

Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.

Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.

TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million eq...
06/18/2019
TD Bank Provides More Than $43M for Florida Multifamily Project

TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD’s Community Capital Group for its Preserve at Sabal Park project.

TD Bank provided developer Blue Sky Communities of Tampa, FL with a $22-million construction loan and a $20.3 million equity investment through the purchase of Low-Income Housing Tax Credits from TD’s Community Capital Group for its Preserve at Sabal Park project.

Domenico De Sole, chairman of Sotheby’s Board of Directors, says that the board of directors approved the purchase dea...
06/17/2019
Sotheby’s to go Private in Late 2019 in Nearly $4B Deal

Domenico De Sole, chairman of Sotheby’s Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby’s to return to private ownership to continue on a path of growth and success," he says.

Domenico De Sole, chairman of Sotheby’s Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby’s to return to private ownership to continue on a path of growth an...

How will competing grocery chains utilize delivery options to maximize profitability?
06/14/2019
Grocery Delivery in the Digital Age

How will competing grocery chains utilize delivery options to maximize profitability?

How will competing grocery chains utilize delivery options to maximize profitability?

Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square f...
06/14/2019
Hackensack Meridian Health to Build $714M Medical Pavilion

Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square feet of usable space, will feature nine floors of cutting-edge technology and a design to provide patients and families with world-class acute care.

Construction on the $714-million project is expected to begin in 2022. The new pavilion that will total 438,000 square feet of usable space, will feature nine floors of cutting-edge technology and a design to provide patients and families with world-class acute care.

“Core to BlackRock Real Assets’ investment process is the integration of ESG considerations, including sound governa...
06/14/2019
BlackRock Adds a Responsible Contractor Policy to its Real Assets Governance

“Core to BlackRock Real Assets’ investment process is the integration of ESG considerations, including sound governance practices,” says CIO Jim Barry.

“Core to BlackRock Real Assets’ investment process is the integration of ESG considerations, including sound governance practices,” says CIO Jim Barry.

Address

120 Broadway
New York, NY
10271

Telephone

+12124579695

Website

Alerts

Be the first to know and let us send you an email when GlobeSt posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to GlobeSt:

Nearby media companies


Other Media/News Companies in New York

Show All