Pershing Square Sues US Over GSE Profit Sweeps
WASHINGTON, DC—Led by William Ackman, the largest stockholder in Fannie and Freddie alleges in a lawsuit that the 2012 decision to divert both GSEs' profits to the US Treasury deprives common shareholders of “any economic value in their shares.”
NEW YORK CITY—Bearing the American Finance Trust name, the merged entity is a retail-focused REIT with an enterprise value of approximately $3.9 billion.
BOISE, ID—The new hire brings more than 35 years’ experience in commercial real estate finance to the middle-market loan provider.
NEWPORT BEACH, CA—A “forest for the trees” mentality, in addition to seeking yield for investors, is causing firms based in other markets to expand to the West Coast, creating more demand for talent in a tight market, RETS’ Kent Elliott tells GlobeSt.com.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.