Tag: developers

The Mensch & Schlemiel of the Week

b sternlicht

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: Barry Sternlicht, Starwood Capital Group Today we have one Mensch and…

Footing the Bill for Affordable Housing

house frame

As a general rule, real estate development, whether residential or commercial, takes place in response to demand. Sure, we all know that isn’t always the case–in the Philadelphia/South Jersey areas, we’ve seen a few hotels and casinos built with considerable financing and…

Is Student Housing a “Super Senior”?


If you’ve been to college, you have probably met a few “super seniors”–those students who, for one reason or another, take a year or more extra to complete their degree. Maybe you were a super senior yourself. There are plenty…

Retiring at the Ritz

luxury hotel

There is a great deal of overlap among CRE asset classes, which I think is what makes each so interesting. Medical office buildings, for instance, are office assets modified for use by (duh) the medical profession, which makes them something…

Top 10 U.S. CRE Markets for Multifamily Acquisitions


Okay. Today we’re looking at another ranking of CRE markets to see which are most popular for the acquisition of a particular asset class, based on data from PwC/ULI’s Emerging Trends in Real Estate 2014 report (here’s the link). This…

Llenrock Local: New Vision for Penn’s Landing, Crowdfunding Comes to CRE, the Strip Mall Lives On

Llenrock News

Please enjoy this week’s edition of the Llenrock Local: For decades, numerous government and private groups in Philadelphia aimed to transform the utterly drab and disconnected Penn’s Landing into a destination worthy of a world-class city. These plans typically failed due to budget shortfalls…

The Llenrock Poll

9 20 13

Related Cos’ Hudson Yards development is ambitious, even by Manhattan standards. Still, the interest shown by investors, competing developers, and future tenants shows that this project–however big and complicated–is a high-stakes gamble that just might pay off.

Image Matters


The New York Times ran a great article last weekend, describing an unusual problem that has emerged for real estate agents and brokers in New York: according to a state law, these professionals are not permitted to hold “corporate titles”…

Immigration: Should the CRE Industry Join the Debate?

immigration reform rally picture

The business world tends to shy away from controversy, generally speaking. Sure, there are some companies or business people who express controversial views without trepidation (Chik-fil-A, The Donald, Google), but as a general rule, companies try to shy away from…