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10 Must Reads for the CRE Industry Today (December 18, 2014)
2014-12-18 16:12:00| National Real Estate Investor
Darden Restaurants is exploring options for capitalizing on its real estate, reports Orlando Business Journal. Moodys downgraded the stock of American Realty Capital Properties to junk status, according to Commercial Property Executive. MarketWatch reports multifamily rents rose at the fastest pace in six years this November. These are among todays must reads from around the commercial real estate industry. read more
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10 Must Reads for the CRE Industry Today (December 17, 2014)
2014-12-17 16:02:00| National Real Estate Investor
The U.S. Senate failed to extend the Terrorism Risk Insurance Act, which will expire at the end of December, reports The Real Deal. Manulife Asset Management and Allianz struck an agreement to co-invest up to $1 billion in U.S. real estate assets, according to Commercial Property Executive. The commercial real estate industry is ripe for disruption in 2015, claims an article in Forbes. These are among todays must reads from around the commercial real estate industry. read more
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december
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10 Must Reads for the CRE Industry Today (December 16, 2014)
2014-12-16 16:14:00| National Real Estate Investor
Bloomberg reports that InterContinental Hotels will pay $430 million for Kimton Hotels & Restaurants. Kimco has acquired the remaining interest in a 39-property retail portfolio it owned in a joint venture with a Blackstone subsidiary, according to Commercial Property Executive. Multifamily building sales in New York City reached more than $1 billion in volume in October, claims The Real Deal. These are among todays must reads for the commercial real estate industry. read more
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december
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10 Must Reads for the CRE Industry Today (December 15, 2014)
2014-12-15 17:02:00| National Real Estate Investor
In what will be the biggest private equity buyout of the year, PetSmart agreed to sell itself to BC Partners for $8.7 billion, reports The New York Times. Bloomberg reveals that Nicholas Schorsch has resigned as chairman of American Realty Capital, along with the companys CEO and president. Cushman & Wakefield will pay $100 million to buy boutique New York brokerage firm Massey Knakal, according to The Wall Street Journal. These are among todays must reads from around the commercial real estate industry. read more
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december
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10 Must Reads for the CRE Industry Today (December 11, 2014)
2014-12-11 16:44:00| National Real Estate Investor
Global Logistics Properties confirmed it agreed to a 55 percent stake in GICs $8.1 billion purchase of Blackstones industrial portfolio, according to Commercial Property Executive. Reuters ran an exclusive on Atlantic City slashing its bond sale by 71 percent. Wal-Mart is now concentrating on opening stores in small Texas towns, reports the Dallas Morning News. These are among todays must reads from around the commercial real estate industry. read more
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december
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reads
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