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Amid Troubled Hotel Sector, Companies Look to Boost Management Portfolios
Many hotel owners are looking at a troubling two years or so, as a large portion of their loans are coming due for refinancing in an environment of declining RevPar. In other words, many owners will be asked by lenders to contribute more equity into their loans, just when that money may be very hard to come by.
Grubb & Ellis to Manage 618,000-SF San Antonio Office Complex
Grubb & Ellis Co. has been awarded a 618,000-square-foot management assignment by Tesoro Corp., an independent refiner and marketer of petroleum products, in San Anonio, Texas.
With Management More Vital Than Ever, Panattoni Taps Colliers for 18 MSF Contract
With the struggling economy dragging down the commercial real estate market, selecting the right property management team may be more important than ever. And now Panattoni Development Co. has expressed a major vote of confidence in Colliers International, tapping the firm to provide management services to some 18 million square feet of office and industrial property located across the country.
calhoun square NorthMarq to Manage 845,000 SF of Twin Cities Retail Space
NorthMarq is adding six new third-party retail assignments to its retail property management and brokerage business in the Minnesota's Twin Cities.
Riverstone Wins Management of 15,000-Unit BlackRock Portfolio 
Riverstone Residential has been awarded the management of more than 15,000 apartment units in the portfolio of BlackRock Realty Advisors Inc., the real estate equity arm of BlackRock Inc.
CBRE to Handle FDIC’s Portfolio of Owned Real Estate
CB Richard Ellis Inc. has netted a major client: The Federal Deposit Insurance Corp. has tapped the services firm to serve as primary advisor for the residential and commercial real estate it acquires from failed financial institutions.
Despite Hurdles, Green Measures Win High Marks from Executives
As the drive toward sustainable buildings picks up speed in commercial real estate, executives appear to be mostly unfazed by the hurdles to going green.
 

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The growing trend towards sustainable design and green building practices cannot be denied. Real estate trends impacting commercial property management and the entire commercial real estate industry are major news stories constantly covered by CPN.