National Real Estate Investor
BGC’s Newmark Grubb Knight Frank to Acquire Cornish & Carey Commercial
With approximately $135 million in revenues in 2012 and over 275, Cornish & Carey is one of Northern California’s preeminent full-service commercial real estate companies.
“Recycled” Capital Gives Non-Traded REITs a Boost
One of the biggest stories buzzing through the non-traded REIT industry is the fact that the industry hit a $20 billion high water mark in 2013—almost double the $10.3 billion raised in 2012.
Office Market Remains Stuck in a Rut
The national vacancy rate for office properties remained unchanged during the fourth quarter at 16.9 percent. Fortunately, given how slowly the office sector’s recovery has progressed, this is not necessarily reason for worry.