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A case scheduled to come before the California Supreme Court Sept. 7 is set to re-examine the fiduciary responsibilities borne by real estate brokers who engage in "dual agency" representation -- the situation in which buyers, sellers, landlords and tenants are represented by brokers within the same real estate agency or brokerage, a commonplace practice...
The long-trending CRE up-cycle has created a mini-boom in broker ranks over recent years, with the larger number of younger, first-time commercial brokers reducing the median years of experience among...
U.S. banks have continued to pull back on multifamily lending. The amount of such loans on their books has decreased for each of the last three weeks, according to the latest weekly bank asset numbers...
An affiliate of Qatar Investment Authority (QIA) has paid $622 million for a 9.9% interest in Empire State Realty Trust, Inc. (NYSE: ESRT), owner of the 102-story Empire State Building. The minority...
Investment manager Rubenstein Partners LP teamed with Indianapolis-based Strategic Capital Partners (SCP) to acquire the eight-building Parkwood Crossing office park in Indianapolis from Duke Realty for...
Jones Lang LaSalle's (JLL) Colin Dyer announced he will retire and step down next month after 12 years as the firm's chief executive officer. He will be succeeded by Christian Ulbrich, whom JLL had signalled...


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