Industry Sectors
What can be done to ease the gridlock—on roads and in government?
Peter Holland, the director of international property economics at Urbis, has been tapped to organize ULI in Australia. Holland works with a wide range of clients in mature and emerging markets for Urbis, a professional consulting firm.
The estimated $1 trillion in “overleveraged, underwater debt” slated to mature over the next six years overwhelms the approximately $300 billion targeting such deals, Richard Saltzman, president of Colony Capital, said at the ULI Capital Markets Conference.
ULI trustee James J. Curtis III, cofounder and managing partner of the Bristol Group Inc., a San Francisco–based real estate investment firm, is the new chairman of the ULI Foundation.
The Trepp, LLC survey showed commercial mortgage spreads widening about 5 basis points during the survey period as the markets head for a time out until after Labor Day. Floor pricing remains in the 4.0 percent to 5.0 percent range.
The Trepp, LLC survey showed commercial mortgage spreads widening as much as four basis points during the survey period. Floor pricing in the 4 percent to 5 percent range continues in effect as the market for newly issued commercial mortgage-backed securities strengthened. Year-to-date volume equals $24.2 billion with the over-under for full year 2012 volume in the mid-$30 billion range.
Hard-earned words of wisdom on risk, financing, and running a real estate business.
A seven-story infill office building with a dramatic facade on a tiny downtown fringe site in Portland, Oregon, anchors the regeneration of an arcaded district.
The Trepp, LLC survey showed commercial mortgage spreads widening six basis points during the survey period and as much as 15 basis points during the past month as capital continue to remain available from both conventional and securitized lenders for properties that can pass lenders’ stringent underwriting metrics. Floor pricing in the 4 percent to 5 percent range continues to be in effect.
In 1989, a ULI Advisory Services panel was convened to help the city arrest serious decay at Navy Pier, which had experienced a decline so apparent that there was even talk of closing it, eliminating its unparalleled views of the Chicago skyline. But the ULI panel came back with a framework for reimagining Navy Pier.