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Category Archives: CSG / Corporate Services
Delta considers moving 150 jobs to Atlanta
Atlanta Business Chronicle by Carla Caldwell Atlanta-based Delta Air Lines Inc. (NYSE: DAL) could move as many as 150 jobs to Atlanta from the Minneapolis-St. Paul International Airport as part of a plan to consolidate warehouse operations, reports the Minneapolis … Continue reading
More Than 750 Banks at Risk of Failure over Next Two Years
By Mark Heschmeyer Despite last year’s dip in U.S. bank failures, at least 758 lending institutions are at risk of failure over the next two years, according to an analysis by Invictus Consulting Group, which conducts stress and sustainability tests … Continue reading
Posted in Atlanta, CSG / Corporate Services, Healthcare, Hospitality, Industrial, Medical, Multi-Family, Office, Retail, Tenant Advisory / Representation
Tagged Atlanta, Brett Hunsaker, Commercial Real Estate, FDIC, Florida Bank Failures, Grubb & Ellis, Invictus Consulting Group, Kamal Mustafa, US Bank Failures
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CMBS Loan Resolutions Up; Delinquencies, Average Loss Severities Down
By Mark Heschmeyer The volume of CMBS conduit loans that were liquidated in January spiked sharply, jumping 51% from December’s reading, according to Trepp LLC. In fact, the January reading was the third-highest total since Trepp began tracking this number … Continue reading
Posted in Atlanta, CSG / Corporate Services, Healthcare, Hospitality, Industrial, Medical, Multi-Family, Office, Retail, Tenant Advisory / Representation
Tagged Atlanta, Brett Hunsaker, CMBS Loans, Commercial Mortgage Backed Securities, Commercial Real Estate, Grubb & Ellis, Trepp LLC
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On Numbers: Atlanta worst in annual job creation
Atlanta Business Chronicle Metro Atlanta came in dead last in a list private-sector job creation by major metros in 2011. On Numbers used preliminary data from the U.S. Bureau of Labor Statistics to estimate 2011’s private-sector employment totals for the … Continue reading
Back in Business: CRE Sales Volumes Make Strong Comeback
Just Like the Old Days, Deal Flow Returns to Historical Levels By Mark Heschmeyer The dollar volume of commercial real estate sales vaulted back to longterm historical levels in 2011. CoStar Group has confirmed $291.6 billion in CRE sales in … Continue reading
Kellogg fourth-quarter net income jumps
The Associated Press BATTLE CREEK, Mich. — Cereal maker Kellogg Co. said Thursday that its fourth-quarter net income rose 23 percent as its investments in its supply chain paid off and higher revenue from North America helped offset weakness elsewhere. … Continue reading
Hot start: Dow and S&P have best January since ’97
By PALLAVI GOGOI The Associated Press NEW YORK — It’s the best start for stocks in 15 years. In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard … Continue reading
Posted in Atlanta, CSG / Corporate Services, Healthcare, Hospitality, Industrial, Medical, Office, Retail, Sustainability, Tenant Advisory / Representation
Tagged Archer Daniels Midland, Atlanta, Avery Dennison Corp., Best Buy Co. Inc., Brett Hunsaker, Commercial Real Estate, Dow Jones Industrial Average, Federal Reserve, Fort Capital Group, Grubb & Ellis, Jerry Harris, Kim Caughey Forrest, Mattel Inc., RadioShack Corp., Scottrade, Standard & Poor's 500, Sterne Agee, U.S. Steel Corp.
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Weekly Market Insight
Supply & Demand for Commercial RE Loans Banks are slowly ramping up their commercial real estate lending according to the Federal Reserve’s quarterly Senior Loan Officer Opinion Survey on Bank Lending Practices. In the newly released January survey, 1.8 percent … Continue reading
Coca-Cola grades itself B+ in sustainability annual
Atlanta Business Chronicle The Coca-Cola Co. gave itself a B+ in its annual sustainability report, noting gains in water efficiency, PlantBottle usage and a smaller carbon footprint. “Sustainability has been core to our business strategy for nearly 125 years,” said … Continue reading