Tom Barrack: Real estate has returned to the hands of real estate professionals.

A few weeks ago Colony Capital CEO Tom Barrack wanted you to read Twilight. This week he comments on commercial real estate. His latest blog post “Tiring and Boring” truly captures the current state of the commercial real estate market. An excerpt:

In summary, solid risk-adjusted returns will be made by true real estate professionals with [...]

Fortress: Eye on Deals

Fortress CEO Daniel Mudd discusses the CW Capital acquisition, the daVinci Holdings investment and FinReg on CNBC.

The Last Holdout

He’s an architect!

I’m a little late posting this. The photo speaks for itself. Long story short, Trammell Crow offered the architect $2.75 million for the little townhouse when they were assembling the site. He turned it down, asking for significantly more. The developers just built around the townhouse. Now its all over. Equity just purchased [...]

A Trend I don’t Appreciate

The Journal reported this week that shopping centers are filling up their vacant spaces with for profit colleges:

The schools, eager to keep up with demand from out-of-work adults seeking new skills in the health-care, automotive and technical trades, are renting empty mall anchor stores, grocery stores and space in office buildings to house their classrooms [...]

Video of The Day: The REIT Stuff

Steve Roth, chairman of Vornado Realty Trust and Richard LeFrak, The LeFrak Organization provide insight on the commercial real estate sector and carried interest tax.

GE Real Estate To Cut its CRE Portfolio in Half

From WSJ:

GE Capital holds an $80 billion portfolio of assets like office and apartment buildings, as well as loans secured by commercial property. Mike Neal, chief executive of GE Capital and a GE vice chairman, on Friday said the firm aims to cut that portfolio to $40 billion and to shift its composition more toward [...]

32 completely different but interesting Commercial Real Estate sites

32 completely different but interesting Commercial Real Estate sites.

I know at times I have been somewhat “critical” of the commercial real estate online environment. Anyone can stand back and throw rocks. Diverse, social, educational, informative, worldwide, visual, tech edge, interactive. Here are 32 of the best in Commercial Real Estate. With [...]

CoStar Website Saga – Episode 4

In a post on the CRE blog Agent Genius this past Monday morning, author Duke Long listed what he believes are 32 key commercial real estate sites with which everyone should be familiar.  Notably absent from Duke’s list is CoStar.  No big deal.  Unless you work for CoStar, that is.  A CoStar employee named Scott [...]

Reviving The Commercial Real Estate Market

The 2010 Milken Institute Global Conference had a panel discussion on the current state of the commercial real estate market yesterday. The discussion featured Harvey Green, President and CEO, Marcus & Millichap Real Estate Investment Services; Richard LeFrak, Chairman, President and CEO, LeFrak Organization; Peter Lowy, Group Managing Director, Westfield Group; Barry Sternlicht, Chairman and [...]

I Use CoStar, All The Time

Sorry, John, I must disagree with you on this. CoStar has its shortcomings, and yes, it’s expensive, but compared to some of the alternatives, CoStar is one of the best resources for commercial real estate.

Maybe CoStar is just not a good tool for brokers? I’m not a broker. I don’t know. To be honest, I [...]