WASHINGTON, DC—The outlook for growth among 48 real estate economists polled by the Urban Land Institute is slightly less bullish than it was six months ago, let alone the year prior.

HONG KONG—The promotion of 16-year Blackstone veteran Christopher Heady is part of a new Asia Pacific leadership structure to enhance management capabilities across the region.

CALABASAS, CA—"Following several years of rising occupancy, new supply will finally accelerate sufficiently to balance demand," according to Marcus & Millichap's latest Hospitality Investment Forecast.

MILWAUKEE—Physicians Realty Trust's CEO, John Thomas, says the transaction is believed to be "one of the largest and most important medical office facility relationships established by a REIT directly with a major healthcare system."

NEW YORK CITY—New CMBS defaults have declined for five years in a row, but a confluence of market pressures could mean an uptick in 2016, says Fitch Ratings.

NEW YORK CITY—Notwithstanding an increase of seven basis points in delinquencies, March was "a good month for CMBS," says Manus Clancy, senior managing director at Trepp.

NEW YORK CITY—Notwithstanding ongoing projects such as the Manhattan West mixed-use development, Reis Inc.'s Ryan Severino notes that "with vacancy remaining elevated, new construction remains limited."

NEW YORK CITY—W. P. Carey will provide up to $128 million of build-to-suit financing over the next four years to fund expansion of the schools, which are located in Florida and Texas.