Volume 65 • Number 7 • 818th Issue • September 2010
FEATURES
25 A Conversation With…
Marcus & Millichap’s
John J. Kerin
The new CEO discusses his views on the
market and where it’s headed
By Natalie Dolce
27 Capital Markets Update
A Market of Many Models
As the economy inches toward recovery,
the real estate capital markets are trying
different structures and theories to see
which will work in this new normal
By Erika Morphy
41 Multifamily Quarterly
Prime Time for Seniors
Housing
Despite some recessionary setbacks, the
outlook for senior living is promising for
investors, developers and operators
By Jane Hodges
48 How Ventas Got a Head Start
On the Boomers
By acquiring Lillibridge Healthcare Services,
the nation's largest seniors housing REIT
has positioned itself to get a jumpstart on
meeting the needs of Baby Boomers
By Sule Aygoren Carranza
36
Frank Simpson of CCIM Institute.
Photo: Dave Simpson
36 Cover Story
New School of Thought
CCIM has gone back to the drawing board
when it comes to providing relevant industry
education, reshaping its curriculum for a
new breed of candidates
By Alyson Grala
50 Howard Roth On the
Recovery: No Silver Bullet
The executive reflects on the possible sea
change in accounting standards and the
likelihood of a second recessionary dip
By John Salustri
52 Property Management
Directory
NEWS FRONT
10 International
Jobs return in Canada but investment exits
12 National
In competitive climate, services firms boost
their offerings
14 Northeast
Courts go against multifamily owners in
tax-break rulings
16 Mid-Atlantic
Government pushes plan for Atlantic City overhaul
18 Southeast
South Florida still a hit for multifamily
investors
20 Midwest
Giants, independents take shots at
two-store town
22 Southwest
Self-storage is sweet spot for investors
in Texas
24 West
San Diego retail investment activity to stabilize
51 Advertisers Index
COLUMNS
6 Editor’s Page
A Look Back, With an Eye on the Future
By Sule Aygoren Carranza
10 US Healthcare Reform May Benefit
Foreign Capital
By Robert T. O’Brien
12 Niche REITs: Moving Beyond the Core Four
By Steven Marks
14 Tax Reforms May Level Out Wall Street
Rollercoaster
By Barbara Byrne Denham
16 Garden State Prime Spot for Smart
Multifamily Money
By Mark Scott
18 Atlanta Officials Eyeing ‘Air Cities’ Concept
By Clark Gore
20 Midwest Gaining Favor Among Retailers,
Investors
By D. Scott Carr
22 Optimism Pervades Oklahoma City Market
By Tim Strange
24 Coasts Will Lead Industry’s Recovery
By Jay Leupp
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