Tag: Blackstone Group

The Mensch & Schlemiel of the Week

ron franklin pinnacle hotel mgmt

Mensch: Noun. A decent, upright, mature and responsible person. Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail. A loser. Mensch of the Week: Ron Franklin, Pinnacle Hotel Management Our Mensch of the Week is…

Commercial Real Estate Week in Review

432-Park-Avenue-June2014

Week in Review for May 2-8, 2015 Overseas Investors Accelerating CRE Property Price Gains: Llenrock Group’s blogger and director of communications contributes to this CoStar Group article on foreign capital and a looming CRE pricing bubble, despite his general lack…

Commercial Real Estate Videos of the Week

videos of week logo

Blackstone Group’s Steve Schwarzman discusses the recent massive ($14B) purchase of CRE assets from GE’s finance division, which is being wound down: A look at the NYSE’s REIT pipeline in 2015 (from REIT.com):

Commercial Real Estate Week in Review

buffalo wild wings

Week in Review for April 11-17 The Secret Sauce: How Buffalo Wild Wings Turned the Sports Bar into a $1.5 Billion Juggernaut: Bloomberg explores the tremendous growth of the bar/restaurant chain, which has become a substantial driver of retail real…

Commercial Real Estate Week in Review

ge

Week in Review for April 4-10: GE Close to Real Estate Sale to Blackstone, Wells Fargo: In CEO Jeffrey Immelt‘s goal of winding down GE Capital, the financial arm of GE plans to divest its CRE holdings in deals that could…

Commercial Real Estate Week in Review

spring flowers

Week in Review for March 14-20: Blackstone Confirms Deal to Buy Chicago’s Willis Tower: The alternative asset investment giant reportedly shells out $1.3 billion for the trophy property, which is a record for an office tower outside Manhattan, CoStar reports. Standard…

A Towering Investment

willis tower chicago

I suppose we should discuss the famous and gigantic Willis Tower, formerly known as Sears Tower, in downtown Chicago. The big news of the past week or so has been the revelation that the famous tower’s ownership is planning the…

Commercial Real Estate Week in Review

320px-Sydney_skyline_from_The_Domain

Week in Review for January 24-30: Can Strong Fundamentals Help REITs Overcome Investors’ Sensitivity to Interest Rates?: The Fed has spoken in favor of keeping interest rates low for the first half of 2015, but some expect interest rates to rise…

Commercial Real Estate Week in Review

hudson yards east facade

Week in Review for January 17-23: CRE Mezz Debt Market Heats Up on Rising Construction, Refi Activity: Strong fundamentals and competitive interest rates spur a boost in construction and refinancing leading to a hot mezz/bridge debt market. Mitsui Fudosan America Takes…