CRE Midwest Randy Podolsky: You only get one integrity-use it wisely Whether it is with electronic equipment in his spare time or with the deal structure of a 100,000-square-foot office development, Randy Podolsky likes to take things apart, dissect them and figure out how they work. For 25 years he has been the head of Podolsky Northstar Corfac International in Riverwoods. Mark Thomton, editor of Chicago Industrial Properties, recently sat down with Podolsky to discuss the state of the industry and to look back on his career.
CRE X Missouri NAI DESCO sells two emissions testing facilities in Missouri Andy Murphy of St. Louis-based NAI DESCO recently sold two former Missouri emissions testing facilities.
CRE X Missouri St. Louis multi-family vacancy rates fall to pre-recession levels The apartment market recovery in St. Louis is expected to continue through the rest of 2011, even with the growth of new construction thanks to increased job growth in the region.
CRE X Missouri Kansas' Straub Construction picks up two industry awards for work in Missouri Shawnee, Kan.-based Straub Construction Company received two Capstone Awards from the Kansas City Business Journal in early May. The company received these awards for the work it turned in during the historic renovations of the Entertainment Properties Trust commercial space and Clyde Manor apartments.
CRE Midwest Friends of Bruce Krall sponsor memorial open golf tournament The Barnes Family, Cohen Financial, Colliers International and the Flisher Family today announce that they are sponsoring the Bruce Krall Memorial Open Golf Tournament to support a college fund for Mr. Krall’s two young sons, Lucas (10) and Logan (8). Mr. Krall, 51, Managing Director of Cohen Financial and a commercial mortgage broker for over 25 years, died in a plane crash on Wednesday, March 16, 2011.
CRE Midwest Hennelly looks to build Ryan's presence in Chicago Throughout his 25 years of commercial real estate experience, Tim Hennelly has worked almost every angle of a deal. He has spent time as a broker, construction consultant, and a developer. Hennelly recently was named President of the Great Lakes Region for Ryan Companies.
CRE Midwest Arbor again climbs Fannie Mae multi-family lending rankings Arbor Commercial Funding recently climbed the rankings of the top 10 Fannie Mae DUS Multi-Family Lender rankings. This is the fourth consecutive year in which Arbor has achieved this feat.
CRE v Wisconsin Marcus & Millichap: Watch for falling vacancy rates in Milwaukee multi-family market Vacancy rates in Milwaukee's multi-family sector will continue to fall this year. And that's not the end of the good news: Building owners should also see both asking and effective rents rise in 2011.
CRE O Indiana Cassidy Turley wins Best Place to Work in Indiana award Cassidy Turley ranks as the 10th best place to work in Indiana according to the Best Places to Work statewide survey and awards program.
CRE Midwest CB Richard Ellis ranks among top 10 for outplacement services The International Association of Outsourcing Professionals recently ranked CB Richard Ellis Group as one of the most important providers of outsourcing services in the country.
CRE P Kansas Kevin Wilkerson: Crafting success in Kansas Last year, Midwest Real Estate News ran its first Commercial Real Estate Hall of Fame issue, honoring the most accomplished commercial professionals in the business. Since then, we've run these profiles on our Web site. Here's a look at the thriving career of NAI Capital Realty's Kevin Wilkerson.
CRE i Ohio Cassidy Turley promotes Ohio veteran to associate vice president position Cassidy Turley recently appointed Zane Fry in the company's Columbus, Ohio, office to the position of associate vice president. Fry was promoted from the position of associate.
CRE W Minnesota Multi-family vacancy rates fall to 10-year low in Minneapolis/St. Paul Marcus & Millichap recently shared some good news for apartment owners in the Minneapolis/St. Paul region: They will enjoy one of the tightest vacancy rates in the country this year.
CRE c Nebraska Nebraska's Pacific Realty Group joins Colliers International Colliers International recently added one of Nebraska’s top commercial real estate firms, Pacific Realty Group, to its roster. The firm’s two offices in Omaha and Lincoln have joined the Colliers network.
CRE X Missouri Block earns top real estate honor from Kansas City business publication Kenneth Block, managing principal of Kansas City, Mo.-based Block Real Estate Services, recently earned the Jim Davis Award, an honor given in the memory of former Kansas City Business Journal real estate/development reporter Jim Davis.
CRE O Indiana Five Indiana-based Cassidy Turley brokers earn commercial real estate honors Five brokers at Cassidy Turley have been named among the Who’s Who in Commercial Real Estate in Central Indiana by the Indianapolis Business Journal.
CRE O Indiana Marcus & Millichap closes apartment sale in Indianapolis Marcus & Millichap Real Estate Investment Services recently helped sell Heart’s Landing Apartments, a 360-unit property located in Indianapolis. The price of the asset is confidential.
CRE O Indiana Publication honors Indiana Economic Development Corporation for its business-generating efforts Area Development magazine recently awarded the Indiana Economic Development Corporation with a 2011 Gold Shovel award, the publication's top honor for economic development efforts.
CRE Midwest U.S. CMBS Delinquency Rate Up Sharply in April According to Trepp The U.S. CMBS delinquency rate rose again in April with the percentage of loans 30+ days delinquent, in foreclosure or REO climbing 23 basis points to 9.65 percent, the largest jump since December 2010 and the highest in history for U.S. commercial real estate loans in CMBS.