National

REIT Week 2010: Economic Outlook Optimistic, Except For When It’s Not

Chicago–If the recession is indeed over, what will GDP growth and the unemployment picture be going forward?

MHN Interview with James Brooks: Economic Recovery Is Taking Strong Roots in Inner Cities

Atlanta–James Brooks talks about what the Inner City 100 recognition means to the company and why he thinks cities are powerful economic engines.

John C. Santora Named CEO of Client Solutions at Cushman & Wakefield

New York–John C. Santora has been named chief executive officer, client solutions at Cushman & Wakefield. This is a new position overseeing one of the firm’s largest operating units. Santora, who has served as president and chief executive officer for the firm’s Americas region since mid-2008, had previously served as global chief operating officer. He is based in New York. “As we streamline our operations to emphasize quality and consistency of service on a global basis, Santora is uniquely qualified to drive our global corporate services business forward,” says Glenn Rufrano, Cushman & Wakefield’s president and chief executive officer. “Global…

Pending Home Sales Increase May Signal Growing Confidence in Economy

Washington, D.C.–Pending home sales are at the highest level since last October.

MF Owners Eye Car-Charging Stations With Interest

A handful of multifamily properties have already installed charging stations for cars.

Realtors Predict Stronger Multifamily Market for 2011

Multifamily rental properties will see a decrease in vacancies as well as modest rental increases next year.

National Housing Trust and Enterprise Announce New Green Preservation Loan Product

A new lending program from Enterprise and the National Housing Trust Community Development Fund has been launched, which will provide nonprofit owners and developers capital to jump-start green retrofits of affordable rental communities.

Occupancies Down For Seniors Housing, But Not For Long

Occupancy rates for seniors housing fell in the first quarter of 2010, while rent growth continued during the same period, albeit at a slower pace than in the previous two years.

Multifamily Continues to be a Bright Spot in Commercial Real Estate

Multifamily is the only sector of commercial real estate that can expect increased demand in the second half of 2010.

Survey Finds that Renting is More Preferable to Owning in a Down Market

A majority of consumers, 76 percent, deem renting to be more favorable than owning a home in the current real estate market.