When CalPERS Moves, the Industry Notices
Its no secret that the pension fund industry moves in lock step at times, an almost herd mentality, when it comes to real estate investing. There are a few clear leaders at the front of the pack, and their movements are considered a bellwether for the future.
LAS VEGAS—The reorganization plan will move virtually all of Caesars Entertainment Operating Corp.’s US properties into a newly created REIT.
WASHINGTON, DC--Accelerate is a comprehensive two-year program in which a handful of carefully selected new brokers are groomed to move up in the company at a faster pace than the traditional model.
DETROIT—The continued health of the auto industry, combined with the rise of e-commerce, has produced historic numbers.
NEW YORK CITY—Driven by CMBS 1.0 loans that are expected to have difficulty in refinancing, the delinquency rate could reach 5.75% by year’s end, says Fitch Ratings.