By Al Barbarino

It was 1995 – another Sunday morning.

For a young Brian O’Neill Jr. that meant another cruise around the Philadelphia suburbs with his dad, making frequent stops at open houses and dilapidated properties that his father would later convert into office space.

“We would keep driving around the neighborhood and pretty much… Read more...

By Al Barbarino

The commercial mortgage-backed delinquency rate increased seven basis points to 9.58 percent in December 2011 – and there’s more to come in 2012, according to the latest analysis from Trepp.

While the numbers danced around in 2011 (eight of 12 months saw rate increases) and the December increase alone was modest, numbers could surge by as much as 75 basis points over the course of… Read more...

By Al Barbarino

A strong fourth quarter helped real estate investment trusts rake in record-breaking amounts of capital n 2011, bolstering investor confidence and boosting buying power for 2012.

REITs raised $51.3 billion in public equity and debt, surpassing the $49 billion record previously set in 2006, the National Association of Real Estate Investment Trusts announced on Wednesday… Read more...

The Environmental Contractors Association (ECA) has launched a new communications campaign aimed at increasing visibility for the association’s efforts to raise standards for the environmental remediation industry and establishing ECA member contractors as the contractors of choice for complex environmental and emergency mitigation work.

The new campaign kicks off with the launch of a campaign website found at CleanBuildingsNYC.com and an advertising campaign in the region’s top construction and… Read more...

By Joseph Armano
Vice President,
UGL Services – Equis Operations

The New York financial services industry continues to be severely impacted as a result of the European debt crisis and turmoil in the financial markets. It is estimated that the industry could slash another 10,000 jobs by the end of next year according to a new report from… Read more...