Commercial News for 5/5/15
WSJ.com: Commercial Real Estate
In Real-Estate Tech Firms, Europe Plays Catchup With U.S.
Technology services are catching investors? eyes in Europe?s real-estate market, but they will have to outmuscle U.S. companies to succeed.
Debt Fuels Australia Property Boom
As house prices in Australia head ever higher, concern is growing about the amount of debt families are taking on.
China's Fosun to Develop Luxury Property in New York
Fosun is planning to develop its second real estate foray in New York as it ramps up expansion.
Walker & Dunlop Has Big Expansion Plans for Engler
Engler Financial real-estate firm that specializes in selling apartment buildings in the Southeast, is about to go on a growth spurt in the wake of its acquisition this month by Walker & Dunlop.
Federal Mortgage Agency: More Needed to Police Nonbank Lenders
A government mortgage agency says it needs more resources to police the growing ranks of companies rushing to fill the void left by big banks that have stepped away from the market for riskier home loans.
TIAA-CREF Purchases Remaining Stake in TIAA Henderson
Financial-services giant TIAA-CREF is buying the 40% stake in asset manager TIAA Henderson Real Estate it doesn?t already own for 80 million pounds ($122.6 million) as part of its broader move into managing money for sovereign wealth funds, pension funds and other institutions.
The Four Seasons Restaurant Becomes a Battleground
The owner and preservationists fight over renovations proposed for New York landmark.