CBRE Group, Inc. (NYSE:CBRE) announced that its board of directors has appointed CEO Robert Sulentic to the additional role of chairman of the board, effective immediately. Sulentic has served as president and CEO of CBRE since December 2012. He succeeds Brandon Boze,...
Reports of the office property sector’s fraying health don’t appear to have reached Chicago, as the construction company Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton St., a new 11-story...
CBRE (NYSE:CBRE) is forecasting the lodging industry will record a growth in revenue per available room (RevPAR) during 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company’s 3% RevPAR growth forecast for 2024 is...
Grubb Properties, a leading vertically integrated commercial real estate firm focused on the multifamily sector, has hired Gavin Morgan as managing director for investments. In his new role, Morgan will work on expanding Grubb’s capital formation efforts, with a...
BTY Group, a Canadian consultancy specializing in real estate and infrastructure asset planning and project delivery, has opened its newest office at the Queen’s Marque building in Halifax, Nova Scotia. “Atlantic Canada is experiencing unprecedented population growth,...
The Green New Deal’s impact on home builders, an FHLB expansion to include nonbanks, and a historic church’s upcoming date with a wrecking ball. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 6-10. Hit: DOE,...