An exclusive, private real estate investment trust launched a decade ago has tanked. Blackstone announced Tuesday evening that it would buy a majority stake in an auto repair chain, Service King Collision Repair Centers, from Carlyle, which took over the business two years ago. Target Corp. opened smallest store ever. McGraw Hill Financial Inc. said it received a notice from the U.S. Securities and Exchange Commission that the regulator may seek an enforcement action tied to six commercial-mortgage backed securities that its Standard & Poors division graded in 2011. These are among todays 10 must reads from around the commercial real estate sector.
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