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Grosvenor Donates $250K to PREA Programs to Encourage Commercial Real Estate Careers

Grosvenor Donates $250K to PREA Programs to Encourage Commercial Real Estate Careers

by Phil Hall | Aug 21, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Grosvenor Group Ltd., a London-headquartered international property owner and developer, has donated $250,000 to the Hartford, Connecticut-based Pension Real Estate Association’s (PREA) programs designed to provide career opportunities in U.S. commercial real...
David Zackowitz to lead real estate investments at Greenbacker Capital Management

David Zackowitz to lead real estate investments at Greenbacker Capital Management

by Phil Hall | Aug 18, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Greenbacker Capital Management (GCM), a New York City-based renewable energy asset manager, has hired David Zackowitz as head of real estate investments. In his new role, Zackowitz will lead GCM’s fourth sustainability driven investment strategy, focused on acquiring...
Real Estate Attorney David Herman Joins McDermott Will & Emery as Partner

Real Estate Attorney David Herman Joins McDermott Will & Emery as Partner

by Phil Hall | Aug 18, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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 Names Badal Yagnik as CEO for India

Colliers Names Badal Yagnik as CEO for India

by Phil Hall | Aug 17, 2023 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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 Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand

CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand

by Phil Hall | Aug 17, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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%...
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