Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O’Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O’Bannon will be responsible for expanding Newmark’s advisory and capital raising capabilities...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Mike Morey as executive vice president for capital markets. In his new role, he will lead the firm’s insurance capital markets strategy, focusing on expanding lender...
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group announced its acquisition of Greenway Plaza, a 53-acre, approximately 4.5 million-square-foot mixed-use office campus in Houston. The terms of the acquisition were not disclosed by the company. However, the Houston Chronicle reports that instead...
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April...
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
