Volume 68 • Number 1 • 842nd Issue • January 2013
FEATURES
20 10-Minute Talk
Bruce Mosler,
Cushman & Wakefield
The chairman of global brokerage surveys
the world from his vantage point.
By Paul Bubny
38
22 Finance Quarterly
CRE Lenders Come Together
To Compete
Lenders want high-quality assets and are
willing to compete fiercely to get them. What’s
different is that now they’re more willing than
ever to stretch into new asset classes and
product styles to get these deals.
By Erika Morphy
33 Top Real Estate Icons: Hotels
Meet the titans of the hotel sector whose
decisions have created jobs and wealth both
in the US and in major markets worldwide.
By John Jordan
38 Eighth Annual Transwestern/REF
Capital Markets Symposium
Armed and Ready
With $300 billion-plus of investment power
behind them, executives from some top US
institutions reveal strategies for a new world.
By Sule Aygoren Carranza
On the Cover
From Left: Steven E. Pumper, Transwestern; Shannon
W. Hill, KBS Realty Advisors; Bill Cotter, Wells Fargo;
Michael G. Desiato, ALM’s Real Estate Media Group;
Todd Liker, Oaktree Capital Management; John Lamb,
BlackRock; Craig Tagen, Clarion Partners; Richard
Coppola, TIAA-CREF; Wistar Wood, AEW
Cover Photo: Michael Ian
28 Hotel Perspectives
Rates Poised to Rise in 2013
With across-the-board increases in demand,
occupancy and average RevPAR, the question
is not whether average room rates will rise,
but by how much.
By Matt Hudgins
43 Net Lease Review
Amidst Fiscal Wrangling,
Investors Look to Robust ’ 13
Investor appetite for the niche sector won’t be
losing momentum anytime soon.
By Poonkulali Thangavelu
50 Top Commercial
Real Estate Lenders Guide
54 Hotel Services Resource Guide
IN EVERY ISSUE
7 NEWS FRONT: International
Euro Bank Cuts Spell Opportunity
8 NEWS FRONT: National
Healthcare REITs Lead the Fundraising Race
10 NEWS FRONT: Northeast
After Q4 Party, NYC Sales Face Light of Day
11 NEWS FRONT: Mid-Atlantic
Will DC Miss Out on the Healing?
14 NEWS FRONT: Southeast
Multifamily Still Selling Strong
Across Southeast
16 NEWS FRONT: Midwest
Retail Outlook: Mixed Bag for 2013
17 NEWS FRONT: Southwest
Specialty Grocers Will Lead the Charge in 2013
18 NEWS FRONT: West
Increased MXD Demand “Depends
on Jurisdiction”
19 Leader Board
48 Advertisers Index
COLUMNS
6 Publisher’s Page
Sea Changes
By Michael Desiato
7 The Brave New World for RE Funds
By Howard Roth
8 Using a Receiver to Enforce and
Collect a Judgment
By Todd D. Donell
10 When Does the Law Tolerate Destruction?
By Mark Freel
11 GSA Awards Down, But Better Days Ahead
By Joseph Brennan
14 Obamacare Fuels Potential & Uncertainty
for Tampa Healthcare
By Chad Rupp
16 Windy City Office Users Meet the New Normal
By Rick Schuham
17 Amenities Trump Infrastructure Snags
By Matthew A. Schendle
18 The West Is Best
By Mike Shustek
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