The New York City-headquartered global law firm McDermott Will & Emery has hired David Herman as a partner in its Transactions Practice Group. Herman is a real estate lawyer focused on commercial real estate transactions across the full spectrum of asset classes,...
Colliers (NASDAQ: CIGI) announced the appointment of Badal Yagnik as CEO for India. Yagnik is based in Gurgaon and will collaborate with Sankey Prasad, Colliers’ chairman and managing director for India. Before joining Colliers, he was a managing director at...
CBRE (NYSE:CBRE) reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall. The revised forecast is now predicting a 2023 RevPAR of $96.64, up 4.6%...
Second quarter commercial and multifamily mortgage loan originations sank by 53% from one year ago, according to new data from the Mortgage Bankers Association (MBA). However, the originations level was up 23% from the previous quarter. Decreases in originations for...
Newmark Group Inc. (NASDAQ: NMRK) has expanded its capital markets services with the launch of the Data Center and Digital Infrastructure practice group. In launching the new practice group, Newmark stated the data center market is expected to surpass the current...
A 60-year-old former church in Indianapolis has a new lease on life as the home of an opera company. According to a WISH-TV report, the former Holy Trinity Greek Orthodox Church has been renamed Basile Opera Center and has been realigned as the new permanent home of...
New Data Reports Find Mixed Results in April Home Price Activity
