WASHINGTON, DC-After the market crash, questions were raised about REITs’ correlation with equity and bonds, NAREIT’s Michael Grupe tells GlobeSt.com’s Erika Morphy. The association turned to Morningstar for some answers.

WASHINGTON, DC-The designation kept Amtrak from leaving the building, CBRE’s Megan Pawlowski tells GlobeSt.com’s Erika Morphy.

WASHINGTON, DC-Jones Lang LaSalle is marketing the affordable-housing community. Prospects are good, if JLL’s assumption that institutions are gravitating toward affordable holds up.

WASHINGTON, DC-The National Association of Home Builders/First American Improving Markets Index finds that the private-homes market is continuing to improve.

WASHINGTON, DC-It will use the proceeds to repay $113 million in debt secured by the JW Marriott here.

ARLINGTON, VA-In a separate transaction, Jones Lang LaSalle has originated $161 million in financing for two multifamily properties.

The case for multifamily has been made so often I think we could all mouth the words in our sleep by this point: Home ownership will be flat for years. Even if people can afford a down payment (and most can’t with the new stringent underwriting criteria) and have a steady paycheck (unemployment is still 8.3%) a lot of people don’t want to invest in a home. Not after the last two years.

RICHMOND, VA-There are five suburban properties in this portfolio, with an occupancy rate of 74%. The purchase price breaks down to roughly $60 per square foot for the assets.