WASHINGTON, DC-The legislation has good intentions and clearly reform is needed, executive after executive said—but there are problems brewing in the unintended consequences department.

BETHESDA, MD-As part of the deal, Blackstone is taking a $75-million stake in the REIT via a private placement.

McLEAN, VA-Freddie Mac is bringing to market its ninth K Certificates for the year—a $1.1 billion offering that is backed by fixed-rate multifamily mortgages with seven-year terms.

ARLINGTON, VA-Ted Knighton has been with the REIT since 1990, taking on increasingly important roles. Knighton has also had senior positions with Radisson Hotels and Hyatt Hotels Corp.

ROCKVILLE, MD-It is a great time to be a buyer of this asset class, president Dick Kadish tells GlobeSt.com’s Erika Morphy.

WASHINGTON, DC-The unemployment rate remains at 8.2%, the Labor Department reports. In Q2, employment growth averaged 75,000 per month. No fireworks, says Cassidy Turley. "But at least the log is still burning.

WASHINGTON, DC-Residential and multifamily construction offset the downturn in public construction, according to an analysis by the Associated General Contractors of America.

CHARLOTTESVILLE, VA-These are strange days for IPOs right now, but some REIT offerings are performing well, according to SNL.