Joe Kelly's (bridge-loan) Blog

Health care and senior housing real estate companies have raised hund-reds of millions of dollars in equity over the last couple of years, and sales activity tracked by CoStar Gr-oup over the last 30 days suggests that companies are beginning to put that capital to work. Read more on this story f...

Cushman & Wakefield appointed James M. Underhill to serve as the next CEO of the Americas, the company's largest business unit, giving him overall responsibility for enhancing the firm's value to clients and growing market share. Read more on this story fromCostar here----------------------------...

REITs are enjoying a much-improved financial landscape since recapitalizing in the wake of the credit and financial crisis two years. Read more on this story fromCostar here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog...

Two securitized loans totaling $715 million and backed by two related portfolios of 157 multifamily proper-ties with 14,824 apartments units were placed in special servicing this week for imminent default. Read more on this story fromCostar here------------------------------------------You can in...

Commercial real-estate prices rose in September, as measured by the Moody's/REAL All Property Type Aggregate Index, which posted a 4.3% increase. Read more on this story fromWall Street Journal here------------------------------------------You can instantly receive news updates like this via the ...

Banks Look Set to Rework Billions in Mort-gages Following Mall Owner's Recent Exit From Bankruptcy Protection. As Wall Street firms crank up their machi-nes for issuing new commercial mortgage-backed securities, a big prize is emerging: the business of mall giant General Growth Properties Inc. Re...

Many shoppers hitting the mall after Thanksgiving will be under observation from above. Way above, in some cases. Read more on this story fromWall Street Journal here------------------------------------------You can instantly receive news updates like this via the RSS feedfor the main blog on our...

LAS VEGAS—Wall Street is continually criticized for being one big casino. Deutsche Bank is now taking those words to heart. It has just spent $4 billion to open a big casino on the Strip here. Read more on this story fromWall Street Journal here------------------------------------------You can in...

Private-Equity Player, Sensing Depre-ssed Prices, Bets Big on Office Space. Silicon Valley has been hit by high vacancies and lower rents, and so-me real-estate players there worry that technology companies looking to hire young employees are aban-doning the suburbs for urban San Francisco Read m...

Health Care Leads Way as Higher Rents, Better Occupancy Levels Boost Income Pool; Still, Below 2005-06 'Heyday' The real-estate-investment-trust industry is turning 50 years old this year and, to celebrate, land-lords are giving investors a gift: bigger dividends. Read more on this story fromWall...