HHHunt names CFO Ann Kelly as next CEO in 2027 C-suite reset
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Buck Hunt to remain chairman and lead new venture, as executive shuffle elevates Steve Brant to CFO
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Sunday Summary: Welcome Back, Speyer!
Back in 1997, one of the storied New York City real estate firms — Tishman Speyer — purchased one of the storied New York City properties: the Chrysler Building. Well, technically, what Tishman Speyer purchased was th…