NEW YORK CITY—The dispute that erupted last week between two Schorsch-chaired companies has now led to litigation over what ARCP sees as a breach of RCAP's agreement to buy Cole Capital

SAN FRANCISCO—The activist investor says in a letter to shareholders of the world's largest hotel operator that now is “a unique and ideal time for IHG to consider strategic alternatives.”

BOCA RATON, FL—The private REIT now has “over $1 billion of immediately investable capital to fund our growth” in the wireless tower segment, says CEO Alexander Gellman.

NEW YORK CITY—For operators such as Hilton, which just completed a successful secondary offering, the coming year is expected to see the biggest ADR growth since 2007, says PwC.

CARLSBAD, CA—“We're continuing to invest but we are also starting to monetize our assets,” says Orville Power, whose firms has acquired more than 2,700 lots, mainly in California, since 2012.

LOS ANGELES—The portfolio of nearly 300 light industrial properties spans 18 markets across the US, according to <i>Commercial Mortgage Alert.</i>

DALLAS—Axiometrics, whose home city is among those with strong growth in both employment and apartment rents, says when the two don't jibe, “something other than job growth” is behind it.

NEW YORK CITY—At between $16 and $19 per share, the office owner's first stock offering would exceed the proceeds from the 2006 IPO by Douglas Emmett Inc.