National Commercial Real Estate News From CoStar Group
Jones Lang LaSalle Names New CEO for Americas
Peter Roberts, Jones Lang LaSalle's chief executive officer for the Americas, will assume a new role as chief strategy officer. He will be succeeded by the firm's current chief operating and financial officer, Lauralee Martin.
Roberts has served as CEO of the firm's largest business unit for the past 10 years. The two executives will assume their new roles at year-end.
Martin joined the firm as chief financial officer in 2002 after leadership...
Live From REITWorld: Pace of Mergers and IPOs Likely to Accelerate in 2013
For all the election season bickering over the pace of the economic recovery during the last four years, this year’s gathering of REIT executives was a decidedly happier and more agreeable place than in 2008 when the REIT industry trade show last met in San Diego.
Back then, attendees were agonizing over whether real estate investment trusts could even survive, let alone thrive, amid the frozen credit flows, plunging stock prices and near collapse...